…will be Bob Lightfoot. I assume he’s just a placeholder until a winner emerges among the factional fighting over business-as-usual versus more commercial.
Category Archives: Business
SpaceX’s Finances
The Wall Street Journal has gotten hold of them. Eric Berger analyzes.
They’ve said that they’ve been profitable all along, and apparently were until that launch failure in 2015.
The Latest Progress Failure
The report has been released:
Members of the commission established that the most probable cause of the accident had been the disintegration of the oxidizer tank of the third stage as a result of the failure of the 11D55 engine, following the fire and disintegration of its oxidizer pump, Roskosmos said. The fire in the pump and its disintegration could be triggered by a possible injection of the foreign particles into the pump’s cavity or by violations during the assembly of the 11D55 engine, such as a wrong clearance between the pump’s shaft and its attachment sleeve, floating rings and impellers, leading to a possible loss of balance and vibration of the rotor.
Sounds like they still have serious QA issues, either in manufacture or processing. And it’s the same third stage that crew uses.
[Update a few minutes later]
Related: Bob Zimmerman writes (among other things, in a general analysis of the world launch industry) that 2016 was the worst year for the Russian launch industry in decades.
The Cislunar Verticals
Part 3 of Carlos Entrena Utrilla’s series on cislunar space is up now.
Geoengineering, Space Tech, And Societal Risk
Some interesting thoughts from Oliver Morton (who I unfortunately missed having lunch with in London last week, maybe next time):
AI worries people more, but geoengineering seems pretty well placed in second place. (Incidentally, what’s up with space as the top societal risk enhancer? If AI takes the laurels in terms of economy, geopolitics and tech, how come space outdoes it in the exacerbation of societal risks? A mystery for another time…)
Indeed. I have some ideas, and that some it arises from ignorance and too much bad SF in television and movies, but I’ll let the commenters have at it.
Pity Eric Holthaus
He’s having a climate meltdown. Which reminds me: Did he ever get that vasectomy?
You'd have to have a heart of neutronium to read these tweets from bed wetter @EricHolthaus and not laugh out loud. https://t.co/lLpNEq3rIG
— Rand Simberg (@Rand_Simberg) January 11, 2017
[Update mid morning]
He and Holthaus should just curl up in a fetal position together. https://t.co/jZ7SBSMoqf
— Rand Simberg (@Rand_Simberg) January 11, 2017
Small-Business Optimism
It’s at the highest level since Ronald Reagan was elected.
Not surprising. The people who've had their jackboots on small business's neck for the past decade have been completely removed from power. https://t.co/LIKJKZYRTt
— Rand Simberg (@Rand_Simberg) January 10, 2017
Solar Power
It’s getting more cost effective, but it will always need load leveling. But I found this amusing:
Looking even further ahead, if we want a stable climate, humanity must bring net carbon emissions to zero.
There is no good reason to believe bringing net carbon emissions to zero is either a necessary or a sufficient condition for a “stable climate.” This planet has never had a stable climate, and it’s delusional to imagine that we know how to give it one now.
Speaking of which, Professor Curry has some thoughts on “skin in the game.”
If you are a weather forecaster in the private sector, you will quickly lose your clients if your forecasts are consistently wrong. Daily forecasts are evaluated daily; seasonal forecasts are evaluated several times each year. Clearly weather forecasters have skin in the game in terms of their forecasts.
With regards to climate projections, the predictions being made now will be irrelevant in 2100, which is their target prediction date. In fact, the forecasts become obsolete every 5 years or so, as new model versions are implemented. Recent attempts to evaluate climate model projections in CMIP5 during the early 21st century have shown striking discrepancies between model projections and observations.
Defenders of the climate models and climate model projections argue that climate models shouldn’t be expected to verify on decadal time scales.
In other words, climate modelers have no skin in the game in terms of losing something if their forecasts turn out to be wrong. In fact, there is actually a perversion of skin in the game, whereby scientists are rewarded (professional recognition, grants, etc.) if they make alarming predictions (even if they are easily shown not to comport with observations).
Let’s give them more money!
Spider Silk
Artificial spider silk.
Cool.
End Of An Era
Henry Vanderbilt is retiring from putting on the annual Space Access Conference. The good news is that it accomplished a lot of its goals, as we enter a new era of lower-cost launch, and likely destined to continue to see prices fall. I hope that someone else can take up the torch.