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Keyword: privateenterprise

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  • It's Time to Extend Routine Space Operations to the Moon (Op-Ed)

    03/26/2014 5:38:22 AM PDT · by lbryce · 29 replies ^ | March 24, 2014 | John Thorton
    John Thornton is CEO of Astrobotic Technology. He contributed this article to's Expert Voices: Op-Ed & Insights. When the XPRIZE Foundation announced the Google Lunar XPRIZE in 2007, Astrobotic Technology chairman Red Whittaker declared his intention to compete on the first day. Since then, we have worked methodically on the technology and operations for the $20 million Grand Prize. We have approached this from the outset as an opportunity to build a business. With only a few lunar landings since Apollo, there remains a deep cultural belief that they are extraordinarily difficult and expensive. Bold, risky pursuits are called...
  • Golden Spike estimates that they could repeat Apollo manned mission to the moon for $6.4 billion

    01/07/2014 11:22:26 AM PST · by jmcenanly · 7 replies
    Next Big Future ^ | January 6, 2014 | Brian Wang
    Golden Spike has detailed plans for a lunar return using existing assets. The recent successful Spacex flights are improving the viability of Golden Spike and its plans to return to the moon before 2020. Golden Spike estimates that they could repeat Apollo 11 for about $6.4 billion and make repeated manned trips to the moon for about $1.5 billion for each trip. Here are the budgets of different space agencies.
  • California vies for new space industry

    08/24/2013 9:23:21 AM PDT · by Olog-hai · 19 replies
    Associated Press ^ | Aug 24, 2013 11:07 AM EDT | Mihir Zaveri
    As several new private ventures to take people on trips to space come closer to becoming reality, California lawmakers are racing other states to woo the new space companies with cushy incentives. They are debating a bill now in Sacramento that would insulate manufacturers of spaceships and parts suppliers from liability should travelers get injured or killed on a voyage, except in cases such as gross negligence or intentional wrongdoing. Last year, the state enacted a law that shields space tourism companies such as Sir Richard Branson’s Virgin Galactic from similar lawsuits. “We’re still in the fledgling part of space...
  • Are stocks a sucker’s bet?

    01/28/2013 4:35:16 PM PST · by PieterCasparzen · 35 replies
    Foxnews ^ | 1/28/2013 | Peter Morici
    With corporate profits at record levels and stocks regaining the ground lost during the financial crisis, Wall Street anxiously anticipates the return of the individual investors to equity markets. It may be a long wait, because the little guy may have concluded stocks are a sucker’s bet. Investors, as opposed to traders, buy stocks in companies whose profits they expect to rise. The conventional wisdom says stock prices will follow profits up, but over the last two business cycles, that simply has not happened. In March 2000, the S&P 500 first closed above 1500. Since corporate profits are up 135...
  • FAA grants experimental permit to Virgin Galactic

    05/31/2012 12:53:56 AM PDT · by jmcenanly · 5 replies
    Associated Press ^ | May 30, 5:34 PM EDT | AP
    MOJAVE, Calif. (AP) -- Virgin Galactic says it expects to make rocket-powered test flights of its passenger spaceship later this year. The company said Wednesday its spaceship builder partner has been granted an experimental permit from the Federal Aviation Administration - a move that will allow it to proceed with powered flights.
  • SpaceX aims to put man on Mars in 10-20 years

    04/24/2011 7:34:26 AM PDT · by jmcenanly · 15 replies
    PhysOrg.Com ^ | April 23,2011
    SpaceX CEO Elon Musk unveils the Falcon Heavy rocket at the National Press Club in Washington, DC, April 5, 2011. Private US company SpaceX hopes to put an astronaut on Mars within 10 to 20 years, Musk has said.Private US company SpaceX hopes to put an astronaut on Mars within 10 to 20 years, the head of the firm said."We'll probably put a first man in space in about three years," Elon Musk told the Wall Street Journal Saturday. "We're going all the way to Mars, I think... best case 10 years, worst case 15 to 20 years." SpaceX is...
  • Iridium Next Prepares to Ride the Falcon

    04/15/2011 2:25:43 PM PDT · by jmcenanly · 3 replies
    Universe Today ^ | April 14, 2011 | Jason Rhian
    To date, Iridium NEXT is the largest commercial space launch contract with any single entity. All total, the contract is worth an estimated $3 billion. As part of that Iridium Communications Inc. signed into a deal with Space Explorations Technologies (SpaceX) as its major launch provider of its communications satellites on SpaceX’s Falcon 9 rocket. The manner in which the Iridium NEXT family of satellites is launched will be a dramatic departure from how Iridium launched its first suite of satellites back in the 90s.
  • Space-X Falcon almost big enough to Launch BA-2100

    04/06/2011 5:01:06 PM PDT · by jmcenanly · 9 replies
    Next Big Future ^ | April 05, 2011 | Brian Wang
    Bigelow Aerospace has designed a larger, heavier, and more capable expandable space station module, or interplanetary human transport module The BA 2100 would have a 2100 cubic meter volume and the BA 330 has a 330 cubic meter volume. The International space station has an internal volume of 1,000 cubic meters. The weight of the module could be as low as 70 tonnes (150,000 lb) but for the BA-2100 would more likely be "in the range of 100 metric tonnes", and is substantially larger than the BA 330, with the docking ends of the module alone estimated at approximately 25...

    04/05/2011 3:07:20 PM PDT · by jmcenanly · 18 replies
    Space-X ^ | April 5, 2011 | Space-x
    Falcon Heavy, the world’s most powerful rocket, represents SpaceX’s entry into the heavy lift launch vehicle category. With the ability to carry satellites or interplanetary spacecraft weighing over 53 metric tons (117,000 lb) to Low Earth Orbit (LEO), Falcon Heavy can lift nearly twice the payload of the next closest vehicle, the US Space Shuttle, and more than twice the payload of the Delta IV Heavy.
  • Private Enterprise Does It Better

    08/04/2010 6:45:27 AM PDT · by Kaslin · 5 replies ^ | August 4, 2010 | John Stossel
    Click here to find out more! In "Myths, Lies and Downright Stupidity," I bet my readers $1,000 that they couldn't name one thing that government does better than the private sector. I am yet to pay. Free enterprise does everything better. Why? Because if private companies don't do things efficiently, they lose money and die. Unlike government, they cannot compel payment through the power to tax. Even when a private company operates a public facility under contract to government, it must perform. If it doesn't, it will be "fired" -- its contract won't be renewed. Government is never fired. Contracting...
  • Obama Tilts at Windmills

    06/20/2010 2:33:31 PM PDT · by Scanian · 11 replies
    NY Post ^ | June 20, 2010 | Kyle Smith
    We learned again in the president’s speech on the BP disaster this week that all of our interests in the energy sphere are aligned: Move from carbon-based fuel to renewables and we’ll create American jobs, heal the climate, put more distance between us and geopolitically unstable regions and punish those nasty oil companies while saving our shrimp and seagulls. Win-win-win-win-win. Except the president’s beloved (if doomed) cap-and-trade legislation would: do little or nothing to alter global climate trends, reward oil companies like BP that backed the bill from the start, destroy jobs by increasing the cost gap with coal-powered China...
  • Federal Pay Ahead of Private Industry

    03/05/2010 9:12:24 AM PST · by ezfindit · 6 replies · 392+ views
    USAToday via CDS ^ | 3/5/2010 | Dennis Cauchon
    <p>Federal employees earn higher average salaries than private-sector workers in more than eight out of 10 occupations, a USA TODAY analysis of federal data finds.</p> <p>Accountants, nurses, chemists, surveyors, cooks, clerks and janitors are among the wide range of jobs that get paid more on average in the federal government than in the private sector.</p>
  • SpaceX doubles down on inaugural Falcon 9 mission

    09/24/2009 1:11:42 PM PDT · by jmcenanly · 6 replies · 430+ views
    Spaceflight Now ^ | September 24, 2009 | Stephen Clark
    SpaceX has announced the payload for the first Falcon 9 launch later this year will be a stripped-down version of the company's own Dragon capsule, a vehicle being developed to deliver supplies to the International Space Station. In an update on the company's Web site, SpaceX said the demonstration launch would provide "valuable aerodynamic and performance data" for future Dragon test flights under the umbrella of NASA's Commercial Orbital Transportation Services and Commercial Resupply Services programs. The payload is called the Dragon spacecraft qualification unit, a vehicle originally built only for ground testing to verify the spacecraft's myriad of systems...
  • Virgin sees space tourism as just the beginning

    05/08/2009 5:14:42 PM PDT · by jmcenanly · 4 replies · 323+ views
    Reuters ^ | Thu May 7, 2009 11:26am EDT ] | Georgina Prodhan
    LONDON (Reuters) - Long-haul trips could be made in spaceships instead of planes in 20 years' time if Virgin's efforts to commercialize space travel succeed, the president of Virgin Galactic told Reuters in an interview. Will Whitehorn said Virgin's plans to take tourists into space were just a first stage that could open up a range of possibilities for the company including space science, computer server farms in space and replacing long-haul flights. Virgin Galactic, part of Richard Branson's Virgin Group, has collected $40 million in deposits from would-be space tourists including physicist Stephen Hawking and ex-racing driver Niki Lauda,...
  • Stem Cells and the Truth About Medical Innovation

    03/14/2009 3:30:40 AM PDT · by Scanian · 3 replies · 396+ views
    The Wall Street Journal ^ | March 13, 2009 | Scott Gottlieb
    Whatever one thinks of the ethics of using human embryos in medical research, the rhetoric around President Barack Obama's decision to expand federal funding for embryonic stem-cell science reveals a widespread misconception of how medical products are created. Many of the same political leaders who are the strongest champions for federally funded research seek to impose myriad restrictions, regulations, and economic controls on the private companies that translate public science into practical medical innovations. As a result, while Mr. Obama's stem-cell decision only affects federal funding, and while more funding will mean more research, it's far from certain that this...
  • An Entrepreneur Stimulus Plan

    03/08/2009 3:22:42 PM PDT · by nickcarraway · 5 replies · 574+ views
    Forbes ^ | 03.06.09 | Sramana Mitra
    I haven't spent this much time thinking about economics since college, when it was my second major. I have dedicated the last 15 years primarily to my first major, computer science, and my first love, entrepreneurship. But that has changed in the last six months, although my primary concern still remains entrepreneurship. I was invited by Tim Kane and Bob Litan of the Ewing Marion Kauffman Foundation, the world's largest foundation dedicated exclusively to the cause of promoting and fostering entrepreneurship, to a small conference of economics bloggers held in Kansas City recently. About 30 of us spent a stimulating...
  • Unregulated 'Private Market ... Caused a Lot of Problems,' Says Financial Services Chair

    02/09/2009 2:46:54 AM PST · by Cindy · 15 replies · 612+ views
    CNS ^ | Monday, February 09, 2009 | Terence P. Jeffrey
    ( - House Financial Services Chairman Barney Frank (D.-Mass.) said yesterday that an unregulated “private market” in the financial industry caused a lot of problems that the Democratic Congress now needs to fix. Frank also suggested that Americans now “hate” banks and that helping people stave off foreclosure on their mortgages, government scrutiny of executive compensation, higher taxes, and prodding banks to lend more money may all be part of the solution to what ails the U.S. economy. “Well, there is no very good approach because, frankly, a philosophy of let the private market do whatever it wants, don’t regulate...
  • Today's Message to Young Entrepreneurs: Get a Nice, Safe Government Job Instead

    02/04/2009 3:40:14 PM PST · by redk · 17 replies · 1,003+ views
    Human Events ^ | 02/03/2009 | Newt Gingrich
    Imagine you are a young Bill Gates. You’re smart. You’re ambitious. You’re thinking about starting a business to put your talents to their best use for you and for society. Then you turn on the television and see President Obama say that “now is not the time” for entrepreneurs to make profits and get bonuses. You hear Vice President Joe Biden say of corporate CEOs: “I’d like to throw these guys in the brig.”
  • Private Astronaut Richard Garriott, Arrives At International Space Station

    10/14/2008 7:30:48 PM PDT · by jmcenanly · 4 replies · 290+ views
    ComSpaceWatch ^ | Tuesday, October 14, 2008 | Press release
    Vienna, Va. - October 14, 2008 - Space Adventures, Ltd., the only company that provides human space missions to the world marketplace, announced today that its orbital client Richard Garriott and his crew successfully arrived at the International Space Station (ISS) after launching onboard the Soyuz TMA-13 spacecraft from the Baikonur Cosmodrome in Kazakhstan on October 12. The spacecraft docked to the ISS at 4:38 a.m. (EDT) with Garriott and Expedition 18 crew members NASA astronaut Mike Fincke and Russian cosmonaut Yuri Lonchakov. They were greeted at 6:00 a.m. (EDT) by the Expedition 17 crew, which includes Russian cosmonauts Sergei...
  • SpaceDev Founder Jim Benson Dies

    10/12/2008 2:03:33 PM PDT · by jmcenanly · 6 replies · 319+ views
    Space Ref .com ^ | Thursday, October 9, 2008
    SpaceDev, Inc. announced today that SpaceDev Founder and Board Member James Benson, 63, died peacefully in his home. Benson was diagnosed in 2007 with a glioblastoma multiforme brain tumor, the cause of his death early this morning. Mr. Benson had resigned from an operational role in SpaceDev in September 2006. He retained a seat on the Board of Directors of SpaceDev where he had continued to support the Company that he founded in 1997. "Jim was a true visionary," said Mark Sirangelo, SpaceDev's CEO and Chairman of the Board. "He saw that space exploration could be more effective if done...
  • Business on the ISS beyond space tourism

    10/08/2008 6:37:24 AM PDT · by jmcenanly · 2 replies · 165+ views
    The Space Review ^ | Monday, October 6, 2008 | Taylor Dinerman
    When Richard Garriott takes off from Baikonur Cosmodrome in Kazakhstan this month, he will not only be Space Adventures’ sixth paying customer for a trip to the International Space Station (ISS) but he will also be the first one to turn his flight into a business trip. Garriott plans to carry with him a thermos bottle filled with strands of fiber, inside of which will be the ingredients to grow as many as a thousand protein crystals. Manufacturing these crystals in space has been an objective of the space industry for many years. One of the earliest of these experiments...
  • SpaceX offers NASA $80 million lunar cargo lander service

    10/03/2008 5:37:46 PM PDT · by jmcenanly · 7 replies · 518+ views
    Flight Global ^ | October 2, 2008 | Rob Coppinger
    Space Exploration Technologies has proposed to NASA a robotic cargo lunar lander service that would be priced at $80 million per mission. SpaceX proposed the lander at a meeting with the US space agency because it is a member of Odyssey Space Research's team for NASA's Altair project office lander evaluation study that began in March. The SpaceX lander would deliver 1,000kg (2,200lb) to the Moon's surface in support of NASA's Altair missions. The unmanned Altair cargo version could deliver 14,000kg to the Moon. The SpaceX lander is launched by the company's heavy version of its Falcon 9 rocket. The...
  • SpaceX Successfully Launches Falcon 1 to Orbit

    10/03/2008 4:47:54 PM PDT · by jmcenanly · 19 replies · 524+ views
    SpaceX ^ | September 28, 2008 | Diane Murphy
    HAWTHORNE, CA – September 28, 2008 – Space Exploration Technologies Corp. (SpaceX) announces that Flight 4 of the Falcon 1 launch vehicle has successfully launched and achieved Earth orbit. With this key milestone, Falcon 1 becomes the first privately developed liquid fuel rocket to orbit the Earth. "This is a great day for SpaceX and the culmination of an enormous amount of work by a great team," said Elon Musk, CEO and CTO of SpaceX. "The data shows we achieved a super precise orbit insertion—middle of the bull's-eye — and then went on to coast and restart the second stage,...
  • Virgin Galactic Unveils Spaceship Designs

    01/27/2008 9:09:23 AM PST · by jmcenanly · 17 replies · 680+ views
    The Planetary society ^ | January 23, 2008 | Anonymous
    Virgin Galactic today unveiled the design of its new space launch system based on SpaceShipOne, which successfully flew into space for the third time in October 2004 and won the $10m Ansari X Prize. The construction of the White Knight Two (WK2) mothership, or carrier aircraft, is now very close to completion at Scaled Composites in Mojave, CA and is expected to begin flight testing in the summer of 2008. White Knight Two will be the world's largest, all carbon composite aircraft. It is designed to have the capability of launching SpaceShipTwo -- carrying six passengers and two pilots --...
  • Film Review - The Dream is Alive: 'The Astronaut Farmer'

    02/23/2007 10:41:24 AM PST · by Species8472 · 16 replies · 474+ views ^ | 23 February 2007 | Robert Z. Pearlman
    It’s a story that should be familiar to any space exploration enthusiast. In spite of the obstacles, including the laws of physics, political pressure and a limiting budget, a small but spirited group launches their dreams. It’s the story behind the current New Space movement. It’s the story behind NASA’s past and future. It’s the story of “The Astronaut Farmer.” Charles Farmer -- portrayed with just the right mix of quirkiness and sentimentality by actor Billy Bob Thornton [image] -- was well on his way to being an astronaut when he gave up on his dream of flying in space...
  • Motorola Takes on Russia

    06/24/2006 5:40:14 PM PDT · by G. Stolyarov II · 1 replies · 439+ views
    PanAsianBiz ^ | June 22, 2006 | Dr. Bill Belew
    Russia is growing, and so are the shadows that are cast over the business proceedings there. The bureaucracy is still extremely burdensome and growing. And laws are a matter of convenience and seemingly circumvented at will -- or at least when you have the right connections. Corruption and middlemen are a matter of course, and bribes are expected and given. Confiscation of private goods -- i.e., Motorola's ongoing fiasco -- and resale for profit is old news. Legitimate dealings are called smuggling. And smuggling is called smuggling. Russian law allows confiscated material in criminal investigations to be sold or destroyed...
  • Oil's New Ball Game

    06/24/2006 5:36:04 PM PDT · by G. Stolyarov II · 2 replies · 251+ views
    PanAsianBiz ^ | June 21, 2006 | Dr. Bill Belew
    In the 1960s, 85% of the oil in the world was available for ownership, development, partnerships, and such. At the time, 14% of the oil reserves belonged to the Soviet Union. Today it is the reverse of that: 16% of the world's oil is available. 65% is owned by the nations that possess the fields and 19% has limited access -- that is, nations, including Russia, will allow others to invest in and partially own their oil fields. It's different now. And, shall we not forget there are some nations that will allow investment and development and then, when all...
  • SpaceX launch scrubbed, again

    02/10/2006 5:02:14 PM PST · by · 9 replies · 330+ views
    The Daily Breeze ^ | February 10, 2006 | Muhammed El-Hasan
    El Segundo-based Space Exploration Technologies postponed the maiden launch of its Falcon 1 rocket, which was scheduled to take off today. Known as SpaceX for short, the company had scrubbed two previous launches because of technical problems. "After analyzing data from the static fire countdown, we decided to postpone the launch," company founder Elon Musk said in a statement Thursday evening. "The vehicle is being lowered for further investigation."
  • Statement by Congressman Ron Paul on HR 3673

    09/15/2005 9:30:59 PM PDT · by anymouse · 25 replies · 838+ views
    Guidry News Service ^ | September 8, 2005
    Making Emergency Supplemental Appropriations For 2005 Mr. Speaker, I rise in opposition to this ill-considered 51.8 billion dollar disaster relief appropriation. Many have come to the floor today to discuss how we must help the victims of this terrible disaster and its aftermath. But why do they think that the best way to do so is simply to write a huge check to the very government agency that failed so spectacularly? This does not make sense. We have all seen the numerous articles detailing the seemingly inexcusable mistakes FEMA made - before and after the hurricane. Yet, in typical fashion,...
  • Executives, employees take a role - Relief effort likened to taking care of customers (Houston)

    09/06/2005 8:04:50 AM PDT · by Cincinatus' Wife · 3 replies · 211+ views
    Houston Chronicle ^ | PURVA PATEL and BILL HENSEL
    Houston government has historically partnered with the city's business community when it undertakes major projects. That spirit, which drove much of Houston's development in the city's formative years, was tapped again when Mayor Bill White called on executives to help the city transform the George R. Brown Convention into a shelter for hurricane evacuees. "The idea is to get the best person available, right here, for the job," said White, who has likened the relief effort to taking care of customers. State Rep. Rick Noriega, a CenterPoint Energy executive and a Texas Army National Guard officer, for instance, was asked...
  • A more balanced Pravda?

    05/22/2005 1:45:23 PM PDT · by wagglebee · 4 replies · 294+ views ^ | 5/22/05 | Paul Jacob
    When I think about the Corporation for Public Broadcasting, I can't help but think of Pravda, the official newspaper and mouthpiece of the Communist Party back in the days of the Soviet Union. Now, don't get me wrong. It really isn't any of the similarities in their ideological bent that connects them in my mind. Rather, it is the concept underlying both, the idea that the government ought to be in the news business, the documentary business, or even the entertainment business. When government is involved in producing or subsidizing news coverage or political and historical documentaries — even entertainment...
  • Handcuffs and humiliation for tycoon who angered Putin

    06/17/2004 2:00:55 AM PDT · by Cincinatus' Wife · 15 replies · 275+ views
    Daily Telegraph ^ | June 17, 2004 | Julius Strauss in Moscow
    Russia's richest man has been paraded handcuffed before three judges in an act of ritual humiliation not seen in the country since the communist era. Mikhail Khodorkovsky faces multiple charges of tax evasion and fraud. The oil tycoon, whose personal wealth is estimated at £6 billion, was driven to a Moscow district court in a police van surrounded by armed guards and placed in a cage with his co-defendant and business partner Platon Lebedev. The opening of the trial against Khodorkovsky marked victory for President Valdimir Putin's Kremlin in a four-year war against big business that has seen two of...
  • Return to the Moon: For the Right Reasons, in the Right Way

    01/13/2004 12:20:16 AM PST · by anymouse · 7 replies · 345+ views
    The Space Review ^ | Monday, January 12, 2004 | Rick Tumlinson
    Any discussion of a permanent return to the Moon (RTM) must be centered on two overriding questions: “why?” and “how?” The answers to each of those questions are interrelated. If we go for the wrong reasons we will fail. If we go for the right reasons and do it the wrong way, we will fail. And if we don’t go at all, then we will have failed in a way that will send ripples down through the ages. There are many different answers to “why?” They include: far side observatories to seek life on other worlds; studies of Earth’s history...
  • SpaceDev to Design Lunar Dish Observatory Mission

    07/25/2003 9:30:48 AM PDT · by RightWhale · 20 replies · 207+ views ^ | 26 Jul 03 | staff
    SpaceDev to Design Lunar Dish Observatory Mission Poway - Jul 25, 2003 SpaceDev has been awarded a contract by Lunar Enterprise of California (LEC) for a first phase project to begin developing a conceptual mission and spacecraft design for a lunar lander program. The unmanned mission will be designed to put a small dish antenna near the south pole of the Moon. From that location it will be in near-constant sunlight for solar power generation, and should be able to perform multi-wavelength astronomy while communicating with ground stations on Earth. "We are excited about this project because it is...
  • Californian Rocket Scientists Fire Up Aerospike Engine

    07/08/2003 7:03:40 AM PDT · by BallandPowder · 10 replies · 244+ views ^ | 07/08/2003 | staff
    A team from California State University, Long Beach (CSULB), in partnership with Garvey Spacecraft Corporation (GSC), successfully conducted a static fire test of a 1000 lbf ablative annular aerospike rocket engine in the Mojave desert on June 21, 2003 using LOX and ethanol propellants. This test represents an important milestone in the team's efforts to ultimately perform the first powered flight test of such a liquid-propellant aerospike engine. Aerospike engines have received considerable attention by NASA, Rocketdyne and other aerospace organizations over the last forty years because of potential performance advantages over conventional rocket engines equipped with bell-shaped nozzles. These...

    05/12/2003 10:34:45 AM PDT · by bruinbirdman · 10 replies · 404+ views
    DALLAS MORNING NEWS | May 12, 2003 | David McLemore
    The U.S. military has turned to the private sector to renovate or replace inadequate base housing in an effort to recruit and retain more of the all-volunteer force. o More than half of the 1.2 million enlisted personnel in today's military forces are married. o With approximately 270,000 housing units, base housing accommodates only about one-third of military families, who otherwise use their housing allowances in local communities. o Military families may wait two to four years to get into base housing. The armed forces have undertaken a $7 billion effort to upgrade military housing nationwide. A 1996 law is...