Category Archives: Business

Business, Space

A Tantalyzing Space Press Release

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I just got this from Shafer Corporation:

Schafer Corporation Signs Licensing Agreement with MoonDust Technologies LLC

PRESS RELEASE

FOR IMMEDIATE RELEASE

November 21, 2011

Schafer Corporation Licenses Space Commercialization Technology to MoonDust Technologies, LLC

Albuquerque, NM – The Schafer Corporation, a scientific and engineering company, has signed a Licensing and Development Agreement with MoonDust Technologies, LLC (MDT) of Tucson, AZ to give them exclusive, worldwide production and marketing rights for a unique line of products resulting from the use of Schafer’s Proprietary microgravity production technology. Although well known for their defense-related space capabilities, Schafer has been developing and evaluating technologies for commercial space applications since 2008.

The Agreement grants MDT the exclusive right to produce and sell these products worldwide and provides Schafer with royalties on the sales. As part of the agreement, Schafer will provide MDT with technical and engineering support focused on the design and development of space hardware. “We’re excited about this opportunity,” said Schafer Corporation President Tony Frederickson. “For over 40 years, visions of space-based commercial ventures have been driven by the advantages of microgravity fabrication for a range of high-value products. We’re pleased that Schafer technology will play a part as this dream at last nears reality.”

“We were blown away,” said MoonDust Technologies CEO Rick Gibson. “When we saw what they had developed it was a no brainer; form the company and let’s do this. The impact will be stunning – we’re looking at a broad range of transformational products involving medical, information, and DOD applications.”

MoonDust Technologies, LLC was created as an affiliate of the Medusa Group of companies in Tucson, AZ. Dan Hodges, CEO and President of Medusa said “Notably, Schafer’s micro-gravity technology allows us to solve some extremely difficult technical issues and create solutions and products that are desperately needed, but simply couldn’t be solved with earth-bound processes before. This approach is the only way to go.” MDT expects to have sample products available for industry review next summer, 2012.

About Schafer Corporation

Schafer Corporation, formed in 1972, is a leading-edge technology company providing high quality products and professional services to government and industry customers. Schafer’s legacy is rooted in space, optical, and directed energy programs. Today, our knowledge and experience supports all branches of the military, the Department of Defense, Department of Homeland Security and NASA. In addition to our legacy competencies, we support these customers over a broad set of disciplines including system engineering, technology management, missile defense, commercial space, net-centric systems and communications, nano-fabrication, modeling and simulation and agile software development.

For more information, please visit: www.schafercorp.com

Contact: Rhonda Peyton P: 505-338-2856

About MoonDust Technologies, LLC

MoonDust Technologies, LLC (MDT) was created in 2011 by Rick Gibson with its headquarters located in Tucson, AZ. MDT is an OEM product company that specializes in the production of unique materials that can only be manufactured in microgravity environments. MDT owns exclusive rights to Proprietary technology that has been developed by leading edge defense and advanced aerospace companies.

For more information, please visit: www.MoonDustLLC.com
rpeyton@schaferalb.com
MoonDust Media Relations: Rick Gibson
 p: 520-661-6797

About Medusa

Medusa comprises a group of five affiliated companies specializing in electromagnetic, ultrasound and aeronautical research, development and operations. With broad operational expertise, MRO and laboratory facilities, the Company has unique large corporation capabilities with the attention to detail and customer needs which emanate from a small company atmosphere.

For more information, please visit: www.medusa.com

Medusa Media Relations: Darrin Holman p: 520-512-5299

Via Rich Glover at Shafer, who says that “…if successful, this is a game changer.”

Business, Economics, Political Commentary

Good News For Space Startups

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And not just space startups: the House passed a bill to allow non-accredited investors to invest up to ten grand in startups. This would undo some of the damage caused by Sarbanes-Oxley, though that still needs to be repealed as well (one of the many disasters of the Bush administration). It would also be a huge improvement over decades-long SEC rules that have prevented space entrepreneurs from easily raising funds. And yes, of course, there will be some bad deals. Caveat emptor.

And of course, it isn’t law yet. It still has to get through the Senate and signed by the president. I won’t hold my breath.

Business, Economics, Media Criticism, Political Commentary

Rick Perry Is An Idiot

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At least based on his interview with O’Reilly.

No, the Occupy Wall Streeters are not looking for jobs, Rick. They’re looking for a big paycheck to cash in on their worthless college degrees, if they even have them.

But even worse, knowing that you were going into that interview that you would be asked about the president’s comments about “Americans being lazy” and knowing that your commercial had taken him out of context, in that he was talking about us bringing in foreign investment, did you point out that in fact that the president was wrong, and that there has been abundant foreign investment in the US because much of the money has nowhere else to go?

No, you just double down on the stupid.

Here’s some advice Rick Perry. Either listen to your political advisers, or fire them. Because this was a huge blown opportunity.

Business, Economics, Political Commentary

The GM Bailout

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The losses are going to be massive:

The $23.6 billion represents a 25 percent loss on the feds $60 billion direct “investment” in GM. But that’s not all that taxpayers are on the hook for. As I explained previously, Uncle Sam’s special GM bankruptcy package allowed the company to write off $45 billion in previous losses going forward. This could work out to as much as $15 billion in tax savings that GM wouldn’t have had had it gone through a normal bankruptcy. Why? Because after bankruptcy, the tax liabilities of companies increase since they have no more losses to write off.

This means that the total hit to taxpayers, who still own about a quarter of the company, could add up to $38.6 billion. That’s even more that the $34 billion on the outside I had predicted in May.

But it’s OK, ‘cuz the president’s campaign supporters got paid off.

Business, Economics, Education, Media Criticism, Political Commentary

The Brain-Dead Left

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Thoughts on their intellectual exhaustion and maleducation:

To our mind, that sentence more than anything we’ve read encapsulates the spirit of Obamaville. It originally appeared in a San Francisco Chronicle story about an incident in which “dozens of college students” invaded a Bank of America Branch, “pitching a tent and chanting ‘shame, shame’ until they were arrested.”

On the way to B of A, they paused at Citi to scream at the walls. These are college students, acting like 2-year-olds throwing a tantrum. What does that tell you about their critical thinking skills–and about the standards of American higher education? The likes of the New York Times expect us to take such incoherent spasms of rage seriously as a political “movement.” What does that tell us about the standards of the liberal media?

Pretty much everything we need to know.