FuelSpace is a blog focusing on the emerging commercial space economy, space exploration, energy production, technology and innovation. We also cover the skills that enable great achievements in these areas including sales and persuasion, productivity, self-discipline, and leadership.

Foundations of a Spacefaring Civilization, Part III: Investment, Setback, and Focus

There was a time when space exploration was the sole domain of government agencies. Over the past few years we have seen an explosion in commercial space firms with SpaceX leading the charge into this exciting new era, often referred to as "New Space". The time of government-only space activity is now behind us, and foundation of the commercial space industry is securely in place. Last year NASA asserted their newly minted role of customer and dolled out the massive $6.8 billion Commercial Crew Transportation Contract with $2.6 billion going to SpaceX for the development of the Dragon spacecraft and $4.2 billion going to Boeing for further development of the CST-100 crew transport capsule, a slightly larger version of Boeing's Orion spacecraft. Last year ended with the spectacular inaugural mission of the Orion, which was lifted to orbit by a Delta IV heavy rocket on December 5. Orion successfully tested a variety of capabilities in this first mission including basic spaceflight, re-entry, and recovery.  

A Delta IV Heavy rocket thunders into orbit from the Space Launch Complex 37B carrying the very first Orion spacecraft into orbit. Image Credit: Bill Ingalls/NASA Video Credit: Spacevids.tv

The SpaceX Dragon V2.  SpaceX was awarded a $2.6 billion contract to develop the spacecraft to full human-rated capacity.  Image Credit: SpaceX

The SpaceX Dragon V2.  SpaceX was awarded a $2.6 billion contract to develop the spacecraft to full human-rated capacity.  Image Credit: SpaceX

The Orion space capsule being recovered after its inaugural flight in December 5, 2014.  Image Credit: NASA

The Orion space capsule being recovered after its inaugural flight in December 5, 2014.  Image Credit: NASA

This was followed on December 23rd by the announcement that NASA had selected four US firms to participate in the Collaborations for Commercial Space Capabilities (CCSC) program, which is aimed at leveraging NASA's experience and expertise to expand the private sector space development. These programs are just the beginning of a new space paradigm - one in which the private sector and the government work together to drive our space capabilities forward.  Check out the illustration below showing NASA's evolution road-map to Mars. 

Image Credit: NASA

Image Credit: NASA

Investment, Setback and Focus

The space business is not place for short-term day traders and trend-hounds. It is a long term play that requires great vision and persistence. It requires leaders and visionaries who understand the importance of this endeavor, and also its potential rewards. 2014 marked a historic year for investment in space programs. According to the Space Angels Network, 2014 was the third year in a row private space companies saw increased funding from the investment community. This included launch providers, satellites, space resource applications and human spaceflight endeavors. Google dove into the space business with the $500 million acquisition of Skybox, a space-based imaging and insight provider. They followed this up in early 2015 by announcing they would invest $1 billion in SpaceX to support the development of a massive network of low-cost satellites which will deliver internet to the entire planet. NASA leased the historic Moffett Field Hangar to SpaceX subsidiary Planetary Ventures for 60 years for $ 1 billion. Space-based hyperspectral imaging is also moving forward. This is a "folding" technology that allows long term space ventures to develop technology for their own goals and then fold them down to existing business sectors here on Earth. Hyperspectral imaging technology will be used by Planetary Resources to prospect for valuable asteroid resources in deep space. Here on Earth, this same technology will be used for agricultural monitoring, energy and mineral exploration, as well as military and civil government applications. Hyperspectral imaging start-up HySpecIQ awarded a contract to Boeing to develop the company's first earth observation satellites based on the Boeing 502 Phoenix platform. On the Space Agency side, we saw the 2015 NASA budget set to $18 billion. This includes $549 million more than what was requested by President Obama, indicating support for Space Exploration across the isles. The Chinese have their sights set firmly on the moon, while Russia announced a staggering $52 billion investment in their space program, including a possible Russian space station which could rival the International Space Station (ISS).  When we look at the combined government and private investments now coming online, you can quickly see why space is going to be a trillion dollar industry.  

Space is not a forgiving place. There will always be setbacks and failures in the space industry, and 2014 was no exception. The Orbital Science Corporation Antares Rocket carrying supplies to the ISS exploded shortly after liftoff on October 28, 2014.  Later that same week the Virgin Galactic Spaceship 2 crashed killing one of the test pilots. We were instantly reminded that space travel is not easy, it is the hardest thing we can do, and yet therein lies its importance. We must continue to move forward if we are going to insure the survival of our species. After the disasters, Orbital Sciences announced they would turn to the United Launch Alliance and the Atlas V rocket to ensure the completion of their future ISS deliveries and Richard Branson reaffirmed he would push forward with Virgin Galactic even after the crash.  

All of these developments are part of our journey out into space. Small steps forward amassed over decades are what will take humanity to the stars. Triumphs and tragedy leads to focus, and we are finally beginning to focus on the big problems that must be solved in order for us to take our next evolutionary leap. The dream ignited by the race to the moon is rising again in the public consciousness. The new space industry is driven by discovery and exploration, supported by government, and rooted in sound business plans searching for resources and riches. We are developing the engine that will drive us into the solar system. This engine has many components: investment, engineering, education, competition, capitalism, combined with the thirst for knowledge that makes us who we are. Humanity is finally taking the steps necessary to becoming a spacefaring civilization. 

Foundations of a Spacefaring Civilization, Part I: Rocket Technology

The Deadalus Interstellar Spacecraft. Image Credit: Adrian Mann &  Icarus intersellar.org  If you do know what this website is...please, please check it out. 

The Deadalus Interstellar Spacecraft. Image Credit: Adrian Mann & Icarus intersellar.org If you do know what this website is...please, please check it out. 

Humanity's journey to become a spacefaring civilization is not a sprint. It is not one giant leap. It is the greatest marathon in history. It requires perseverance and grit. A slow crawl against all odds to fight our way out of Earth's gravity well and gain a foothold in space...and eventually on another world. The cosmos is a truly inhospitable place, and we will need all of our technology and willpower to survive as a species. You will not wake up one day and realize that humans colonized the solar system. This is aspiration unlike any other...one that can only be achieved by stacking experience and technological advancement on top risk-taking, huge investments, and cutting edge engineering. To get there we need to see profitable growth and big returns as private companies forge partnerships with governments to open new markets. State Space agencies must begin rethinking their strategic goals as a the commercial space economy begins to emerge. 2014 was a hallmark year for the space industry -- one filled with both triumphs and tragedy in pursuit of the stars. There were more space launches in 2014 than in any year in the previous two decades. It was a year greater than the sum of its parts, and one that will go down in history as one of the foundation years for our spacefaring civilization. Humanity is finally developing the framework and infrastructure necessary to become make the impossible...possible. Big things are starting to happen and the public and the investment community is becoming engaged in a way we have not seen since the space race of the 20th century. Over the next three weeks, we will show you why you should be so excited. We will start with rockets:

Rocket Technology is Advancing to New Territory

The rocket technology we use today is surprisingly similar to the rockets that were used 40 years ago. This is particularly odd when you consider how much humans love to improve upon useful technology.  Most transportation modes we use today are vastly superior, more reliable, and more cost effective than they were 40 years ago. This was far too long to go without a major breakthrough if we hope to expand into space. Luckily, things are beginning to change. The first area of innovation is in rocket fuel itself. We are beginning to see a shift away from Kerosene based rocket fuel (known as RP-1) and over to liquid methane (also known as liquefied natural gas). We already know that SpaceX's next generation Raptor engine will be fueled by methane and liquid oxygen. This was an obvious choice given SpaceX's focus on Mars. Methane rocket fuel can be sourced from the Martian atmosphere and other areas of our solar system, making it an ideal fuel for a spacefaring civilization. In 2014 we saw the announcement of a surprising partnership between Blue Origin, the space firm run by Jeff Bezos (the founder of Amazon) and the United Launch Alliance (ULA).  The ULA is the largest and most successful space launch provider in history and an established giant of US defense department and NASA launches. The two companies announced they would jointly develop a new liquid methane rocket engine known as the BE-4, which will power the ULA's Next Generation Launch System (NGLS). This marks the first major fuel shift we have seen in the space industry, hopefully with more innovations just around the corner. 

On the engineering side of the equation, SpaceX is getting very close to one of the greatest achievements in space launch capability. A true game changer. The traditional problem with rockets is they are incredibly expensive and they can only be used once. Therefore the best way to reduce the cost of space launch systems is to re-use the rocket core. This is a simple idea that is incredibly hard to achieve. It is known as the "holy grail of rocketry". If we can create re-usable rocket boosters, we can exponentially lower the cost of launching material to space. This is one of the most basic concepts required to if we are going to expand our reach into the solar system. On January 10, 2014, SpaceX successfully launched an unmanned dragon cargo ship to the International Space Station (ISS).  After the deployment of the spacecraft, the rocket booster successfully navigated back to an autonomous drone platform in the Atlantic Ocean where it attempted to land. The rocket did make it to the platform but landed "hard" and was destroyed. This marks one of the first times anyone has successfully controlled a rocket's reentry and navigation back to a platform in the ocean. SpaceX continues their relentless technological forward progress and hopes to successfully land a booster in 2015. Here is how they are going to do it:  

Image Credit: SpaceX and  Karl Tate for Space.com

Image Credit: SpaceX and Karl Tate for Space.com

The SpaceX autonomous ocean drone platform Image Credit: SpaceX

The SpaceX autonomous ocean drone platform Image Credit: SpaceX

SpaceX testing the reusable rocket stage in Texas. Image Credit: SpaceX

SpaceX testing the reusable rocket stage in Texas. Image Credit: SpaceX

Coming Next week, Part II: Space Mining & Orbital Manufacturing.  Subscribe below to have part II and III delivered to your inbox. 

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The Importance of Space Exploration: Why We Must Press On

Last week was hard for the commercial Space industry. An Orbital Sciences Antares rocket headed to the International Space Station exploded shortly after launch. Then Virgin Galactic's SpaceShip Two, the first craft built specifically for space tourism, crashed in the desert after firing its main rocket engine, killing the co-pilot and severely injuring the pilot. What followed was a media flurry surrounding the "deep uncertainty" of the commercial space industry, and this article explaining why Virgin Galactic is a apparently a waste of time. So...listen up people. 

In the distant future, our sun will expand and destroy the planet we call home.  Image Credit: Wikipedia - Future of Earth

In the distant future, our sun will expand and destroy the planet we call home. Image Credit: Wikipedia - Future of Earth

Space exploration is one of the most important endeavors our civilization will undertake. If we are unable to extend our reach into the solar system (and beyond), then humanity is destined for extinction. If humanity cannot develop a method to reliably track and redirect asteroids, we will go extinct. If we find a way not to destroy this planet we call home, and we decide to simply enjoy our time here, we will go extinct.  Earth has an expiration date. Yes, it is (hopefully) true that that date is very, very far into the future, but it is a date regardless. Ultimately we need that time to develop the technologies that will allow us to meet the insanely difficult challenge we are up against. But we have to get started today, and we must keep moving forward, forever.  This is one movement that cannot end. It is the only way to ensure the continuation of our species. The hoard of billionaires investing in space exploration are not doing it because it is some hobby, as the media likes to claim. They do it because they view the world on a longer horizon than only their short lives. They see a civilization with a much greater destiny. 

Virgin Galactic's goal is to commercialize space travel through selling tickets to wealthy individuals. This is very similar to Space Adventures, founded by Eric Anderson in 1998, which helps coordinate visits to the ISS by private citizens.  Space Adventures still operates today and Eric Anderson has gone on to co-found Planetary Resources, one of the first private space mining ventures. Saying that commercial space travel should not involve the sale of tickets to wealthy individuals is one of the most short-sighted statements you can make.  ANY activity that creates a sustainable business around space travel of any kind is worthwhile.  Why?  Do you really think Virgin Galactic has the ultimate goal of "being a roller-coaster ride for the rich and famous"?  Of course not.  That is the same as saying SpaceX's ultimate goal is to put a plant on mars. It is not the goal, it is just the beginning of a much greater journey. The hard part about commercial space activity is developing a business case around something that is incredibly expensive, dangerous, and difficult. We are just now beginning to understand what these industries are and how they will generate a profit for investors. Virgin Galactic focuses on selling tickets to wealthy individuals because this is the path of least resistance.  It is a great place to start, and this is no less noble than the other commercial space endeavors currently underway.  Space-capitalism works just like terrestrial-capitalism. You must start somewhere. Space tourism will play an important role in the commercial space economy for the simple fact that it will be one (of many) economic drivers that enables future space exploration technology.  Richard Branson and Virgin Galactic will continue to push the envelope to make the impossible...possible. Having a rocketplane in humanity's technological arsenal is a good idea, regardless of how we get there and how it is funded.

The Virgin Galactic SpaceShip Two.  Image Credit: Virgin Galactic

The Virgin Galactic SpaceShip Two. Image Credit: Virgin Galactic

Robert Zubrin lays out one of the best cases for the exploration of frontiers in his book  The Case for Mars .   Image Credit: Wikipedia

Robert Zubrin lays out one of the best cases for the exploration of frontiers in his book The Case for Mars.  Image Credit: Wikipedia

Space exploration creates incredible business opportunities both here at home and in deep space. History has proven that frontiers and exploration generate waves of technological advancement. The American western expansion was followed by the greatest explosion in innovation the world had ever seen.  In a short 100 years after this frontier was closed,we saw the electrification of cities, telephones and radios were released, and aviation grew from the Wright Brothers to the safe commercial airline travel. We saw the introduction of interplanetary spacecraft, antibiotics, computers, television and nuclear power. A frontier is a core component of human advancement.  Unfortunately, there are no terrestrial frontiers left on this planet, we have colonized the majority of the planet. Looking to history again, we know that civilizations without frontiers fall into stagnation, decline and resource wars. This idea lies at the very heart of commercial space exploration. Having a lofty goal and an unexplored place to expand into is the deepest driver of innovation that exists. Along the way, we will develop new technologies that will enrich humanity on a day-to-day basis. We will set the bar higher than we ever have, and we will find incredible business opportunities along the way. Just look at the moon race, the number of technological spin-offs that resulted from the program is staggering. If a technology is cordless, fireproof, automated, or lightweight and strong, there is a good chance it was born at NASA. 

So tuck yourself in, this is going to be a long journey. The commercial space industry is here to stay. It is led and staffed by people who want to leave a mark on civilization itself and literally reach for the stars. They will not back down due to failures, and we cannot let them. To ensure the survival of our species, we must press on.