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Quote of the day

When seen through the lens of technology, few resources are truly scarce; they’re mainly inaccessible. 

 

Peter Diamandis

For SpaceX, the biggest challenges lie ahead

RATE THIS! +37
Posted in Science on 1st Sep, 2014 01:35 AM by AlexMuller

All said, SpaceX is having a really good year. Over the past several months the company has been to orbit four times (a fifth visit was scheduled for this week, but it was postponed). During those visits, it has successfully placed various commercial satellites in orbit and resupplied the International Space Station at NASA’s behest.

 

The company inked new deals with British satellite giant Inmarsat, unveiled its new crew-capable Dragon V2 space vehicle, successfully tested 3-D printed rocket parts during a live launch, which has the potential to reduce costs, made inroads into the lucrative national defense satellite launch market, and began testing, with some degree of success, a reusable first rocket stage that could drive down the company’s launch costs by an order of magnitude and further solidify its role as the least expensive launch provider in the market.

 
On Tuesday, Fortune published an article intended to cut through the hype surrounding SpaceX, in particular rumors of an astronomical $10 billion valuation, by looking at its commercial space launch competitors and the crisis posture some have assumed as they attempt to deal with SpaceX. Next to those competitors, which include France’s Arianespace (partially owned by Airbus), International Launch Services (a Russian-American joint venture using Russian launch technology), and United Launch Alliance (a Boeing-Lockheed Martin joint venture), SpaceX and its nimble, startup-like culture seem to have the upper hand.
 
This all makes for a good story, but what about that multimillion-dollar valuation? Can SpaceX turn the hype into cold, hard profit? The commercial spaceflight industry is a highly competitive, immensely capital-intensive environment saturated by the world’s largest and most respected legacy aerospace firms. For that reason, SpaceX’s biggest challenges lay ahead. Here’s a look at what the firm faces:
 
(Go on and read the full article...)

Tags: spaceSpaceXElon Muskcommercial spaceflightrocket

Read original article » Back to category

Comments

Author: Guest
Posted: 2014-09-01
+4
SpaceX believes in competition and, as I understand, is ready to prove their capabilities and advantages. After this great year, it is well positioned to achieve this goal. Reply
Author: Guest
Posted: 2014-09-01
+2
Elon Musk made several public comments urging US government to endorse competition and stop monopoly of United Launch Alliance. He is very clear about this issue Reply
Author: Guest
Posted: 2014-09-01
+1
Well if you do not want to leave this page and read the original article the firm facts cover: Opportunity, Reliability, Scalability and Reusability.
2 Replies
Author: Guest
Posted: 2014-09-01
+2
Yes, reusability. This year, SpaceX began experimenting with reusable first rocket stages that could one day be recovered, refurbished, and used for multiple flights. Considering most of the sunk costs in the space launch enterprise go into rocket stages that are used once and destroyed, this could significantly alter the economics of space launch. Reply
Author: Guest
Posted: 2014-09-01
+2
Solving the reusability problem will not only drive down the cost of launch for the $200 billion satellite market, but the first company to get there will open up space for a host of new customers as well. Reply
Reply
Author: Guest
Posted: 2014-09-01
+0
Elon Musk made several public comments urging US government to endorse competition and stop monopoly of United Launch Alliance. He is very clear about this issue Reply


 

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