Professor Reynolds has some thoughts, with which I obviously agree:
Space enthusiasts, God knows, have seen plenty of disappointment in the past few decades, as the brief false dawn of Apollo led to years of failed promises and no visible momentum. But we’re now seeing signs of new technologies — and, just as important, new systems of organization — that make a takeoff into sustained growth much more likely for the space sector. Prizes to develop technology, space tourism to develop markets and help us move up the learning curve, and people with the money and vision to provide the seed capital for both: The essentials now look to be in place. It’s about time.
And other than the potential prizes, much of what NASA is doing seems increasingly irrelevant.
There’s a little discussion over at the Motley Fool web site about Blue Origin and Jeff Bezos (registration required). I thought that this little bit raised more questions than it answered:
…entrepreneurs such as Bezos, Branson, and Microsoft (Nasdaq: MSFT) co-founder Paul Allen — who funded the winning SpaceShipOne in the X-Prize competition — appear ready to provide the capital. That’s good news for dozens of companies, from Lockheed Martin (NYSE: LMT) and Ball Aerospace (NYSE: BLL) to Orbital Sciences (NYSE: ORB) and SpaceDev. They’re all likely to have a hand in our latest quest for the heavens.
Well, as the old test question goes, one of these things is not like the other three. Why Lockmart, Ball and Orbital? Why not Boeing? Or Northrop-Grumman?
How does the success of low-cost entrants benefit the stock of people operating at high costs, under the old paradigms? Maybe it does, but they certainly don’t explain it. Simply saying that “they’re all likely to have a hand” hardly makes for a useful (or credible) explanation. This kind of thing makes me question the wisdom of any of their other stock advice.
…both Bezos and Musk (in other articles) cite the long term goal of space settlement as one of the primary motivations for their projects. In the past year I’ve seen a rise in the visibility and credibility of space settlement as a motivation for human spaceflight rather than simply exploration and science.
Alan Boyle has a useful wrapup. It would have been hard to top 2004 for an exciting year for private space, but things are moving slowly but steadily toward the day that we open up the frontier, with or without government help.
Maybe last year? All I know is that, historically, it’s unusual for Congress to pass a NASA authorization bill. Usually the thing dies, in committee or because it never makes it through conference, and NASA ends up just working off the appropriation. Traditionally, there has never been much pressure to pass one, because it’s largely viewed as symbolic anyway, and the appropriations bill (which actually funds the programs) is the only one that really counts. But with the new authorization for larger prizes, it’s a great symbol this year.
Maybe last year? All I know is that, historically, it’s unusual for Congress to pass a NASA authorization bill. Usually the thing dies, in committee or because it never makes it through conference, and NASA ends up just working off the appropriation. Traditionally, there has never been much pressure to pass one, because it’s largely viewed as symbolic anyway, and the appropriations bill (which actually funds the programs) is the only one that really counts. But with the new authorization for larger prizes, it’s a great symbol this year.
Maybe last year? All I know is that, historically, it’s unusual for Congress to pass a NASA authorization bill. Usually the thing dies, in committee or because it never makes it through conference, and NASA ends up just working off the appropriation. Traditionally, there has never been much pressure to pass one, because it’s largely viewed as symbolic anyway, and the appropriations bill (which actually funds the programs) is the only one that really counts. But with the new authorization for larger prizes, it’s a great symbol this year.
Out Of The Cradle notes a new program to look for errant objects:
When fully operational, the Panoramic Survey Telescope and Rapid Response System (Pan-STARRS) project will deeply scan most of the night sky several times a month. About three-quarters of the sky are visible from the Hawaiian Islands, and Pan-STARRS will use four linked telescopes connected to its enormous cameras to take broad pictures of unprecedented detail. Objects as dim as 24th magnitude