Hoyt Davidson, Sunday, 12-30-12 December 30, 2012
Posted by The Space Show in Uncategorized.Tags: " SpaceX, aerospace, angel financing, citizen science, commercial satellite industry, Cube Sats, Death Valley for businesses seeking capital, Direct TV, entrepreneurs, Hoyt Davidson, human spaceflight, international commercial space opportunities, investment banking, launch competition., launch reliability, low cost debt, Near Earth LLC, public private partnerships, return on investment, satellite financing, space business risks, space markets, space project financing, space solar power, space tourism, venture capital, XM Satellite
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Hoyt Davidson, Sunday, 12-30-12
http://archived.thespaceshow.com/shows/1920-BWB-2012-12-30.mp3
Guest: Hoyt Davidson. Topics: Commercial space financing, markets, and risks. Please direct all comments and questions regarding Space Show programs/guest(s) to the Space Show blog, http://thespaceshow.wordpress.com. Comments and questions should be relevant to the specific Space Show program. Written Transcripts of Space Show programs are a violation of our copyright and are not permitted without prior written consent, even if for your own use. We do not permit the commercial use of Space Show programs or any part thereof, nor do we permit editing, YouTube clips, or clips placed on other private channels & websites. Space Show programs can be quoted, but the quote must be cited or referenced using the proper citation format. Contact The Space Show for further information. We welcomed Hoyt Davidson to the program to discuss commercial space from the perspective of markets and financing. Mr. Davidson, founder and managing Partner of near Earth LLC (www.nearearthllc.com) shared with us his expertise and experience in a very instructive discussion on these important topics. While much of the focus was on the commercial satellite industry, the applications apply across the board in the commercial space industry. One of the topics we discussed in great detail was market risk. In fact, our gust suggested market risk was a bigger challenge and more of a possible road block than technical or regulatory risks. Mr. Davidson also said what many others in the commercial space arena say and that is that the companies prefer to see themselves within their overall general industry such as media and communications rather than as a space company. We talked about several popularly touted possible commercial space industries from a market perspective, the length of time needed for a return on investment, and what is referred to as Death Valley for space entrepreneurs. Death Valley refers to an opportunity being too large for an angel investor but too small for venture capital. In talking about market risks, we also talked about getting investor partners to strengthen the deal. XM Radio was cited as an example. The pursuit of market research was discussed, both from the perspective of using a market research company and doing the market research in-house. Other potential commercial space industries were examined including space tourism, citizen science for orbital with cubesats as well as suborbital, space solar power, satellite internet services, and the use of public/private partnerships.
In our second segment, a listener wanted to know about space focused investment banking career opportunities for MBA graduates. Next, we talked at length about public/private partnerships and being “pure” regarding what constitutes a commercial space company. In this context, pure refers to not having a mix of government and private capital, instead being 100% private. SpaceX with Cots and Commercial Crew served as one of our company examples but we also noted that no such 100% pure private company was out there given the costs and challenges of space ventures. Listeners asked about private capital financing for NASA science missions such as a Europa mission. Other listeners wanted to know about commercial opportunities for human spaceflight. Here, our guest suggested the opportunities were more with the robotic missions that come before the human missions. Toward the end, a listener asked how higher tax rates might impact risky commercial space investments. We also talked about geographical areas of special investment expertise in the U.S. and in other countries. Silicon Valley is not the only player in this field.
Please post your comments/questions on The Space Show blog above. You can email Hoyt Davidson through me or by using his website.
Dr. Armen Papazian, Friday, 12-21-12 December 22, 2012
Posted by The Space Show in Uncategorized.Tags: " Keipr Ltd., "Space Exploration and Money Mechanics, banking system, cost of money, creating money, crowd sourcing, debt based monetary system, Dr. Armen Papazian, global economy, inflation, International Space Development Hub (ISDHub), LIBOR Rate, money mechanics founded on debt and credit, NASA, Planetary Referendum for Cosmic Awareness, Public Capitalization Notes (PCN), Return on Investment (ROI), scarcity., space development leads to wealth, space investment, space value of money, Time Value of Money, U.S. economy, wealth based monetary system
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Dr. Armen Papazian, Friday, 12-21-12
http://archived.thespaceshow.com/shows/1918-BWB-2012-12-21.mp3
John Batchelor Hotel Mars with Dr. Maria Zuber, Wednesday, 12-19-12 December 20, 2012
Posted by The Space Show in Uncategorized.Tags: : John Batchelor, Dr. David Livingston, Dr. Maria Zuber, Ebb and Flow, GRAIL, lunar crust, lunar fractures, lunar high resolution gravity map., lunar water, The John Batchelor Show "Hotel Mars, the Moon
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John Batchelor Hotel Mars with Dr. Maria Zuber, Wednesday, 12-19-12
http://archived.thespaceshow.com/shows/1917-BWB-2012-12-19.mp3
Guests: John Batchelor, Dr. Maria Zuber, Dr. David Livingston: Topics: The Lunar GRAIL Mission & Ebb and Flow probes crashing into the Moon. You are invited to comment, ask questions, and discuss the Space Show program/guest(s) on the Space Show blog, http://thespaceshow.wordpress.com. Comments, questions, and any discussion must be relevant and applicable to Space Show programming. Written Transcripts of Space Show programs are not permitted without prior written consent from The Space Show (even if for personal use) & are a violation of the Space Show copyright. We do not permit the commercial use of any Space Show program or part thereof, nor do we permit Space Show programs to be edited, placed on YouTube, or other private channels & websites. Space Show programs can be quoted in news articles, papers, academic & research work but must be cited or referenced in the proper citation format. Contact Dr. Livingston for questions about our copyright and trademark policies which we do enforce. This program is archived on The Space Show website, podcasting, and blog sites with permission from John Batchelor. Please visit the John Batchelor Show website for more information about this fine program, www.johnbatchelorshow.com. During our 11 minute plus discussion, we specifically talked with Dr. Zuber, the PI of GRAIL, about the Moon, the Ebb and Flow probes crashing into the lunar surface, the high resolution gravity map GRAIL has made of the Moon, lunar surface fractures and lunar water, and large lava-filled cracks that may be hundreds of miles long and many miles under the lunar surface. We talked about the significance of all of these GRAIL findings and addressed why Ebb and Flow crashed into a lunar mountain named after Sally Ride, the first American woman in space.
Please post any comments/questions you might have on The Space Show blog. You can contact Mr. Batchelor or Dr. Zuber through me at drspace@thespaceshow.com.
Mark Bray, Monday, 12-17-12 December 18, 2012
Posted by The Space Show in Uncategorized.Tags: " SpaceX, "Crossing the Chasm, commercial space, commercial space government subsidy, commercial space markets., commercial space products, cubesats, domestic economics, early adopters, Falcon 9. , fiscal cliff, Geoffrey Moore, global economics, high technology, innovation, ISS, Mark Bray, NASA science missions, space investments, space regulatory issues, space tourism, space visionaries., suborbital space vehicles, sustainable commercial space business
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Mark Bray, Monday, 12-17-12
http://archived.thespaceshow.com/shows/1916-BWB-2012-12-17.mp3
Guest: Mark Bray. Topics: Commercial space market development. Please direct all comments and questions regarding Space Show programs/guest(s) to the Space Show blog, http://thespaceshow.wordpress.com. Comments and questions should be relevant to the specific Space Show program. Written Transcripts of Space Show programs are a violation of our copyright and are not permitted without prior written consent, even if for your own use. We do not permit the commercial use of Space Show programs or any part thereof, nor do we permit editing, YouTube clips, or clips placed on other private channels & websites. Space Show programs can be quoted, but the quote must be cited or referenced using the proper citation format. Contact The Space Show for further information. We welcomed back Mark Bray to discuss the development of a commercial space market, the applications of Geoffrey Moore’s “Crossing The Chasm” theories, space policy and the challenges of transitioning the aerospace industry to a full commercial space industry. Our first segment began with Mark explaining how he sees commercial space development in the context of the Geoffrey Moore book, “Crossing The Chasm.” The main idea expressed in the book and by our guest focuses on businesses that are able to leap from the very early adopter period of a product to the broader based product acceptance in the consumer markets. Mark’s quick summary suggested we were not yet there with our developing commercial space industry. He talked about the existing commercial space segment, the idea that we cater to our own community rather than finding a need in the broader consumer markets, then supplying that need through commercial space development. Until that happens, commercial space remain hindered. He also suggested that that space tourism would not be the business that crosses the chasm as he did not see it as being sustainable. We talked about the ISS and its potential uses, NASA science missions, and the need to transition to an actual commercial industry which he does not believe exists today. His focus during this discussion was market driven saying the lack of sustainable broad based commercial space market today is a problem. As the segment was ending, Doug emailed in to inquire about Dragon Lab and the possibility of NASA taking on more characteristics of the old NACA were in line with his perspective commercial space, markets, and broadening the consumer user base. Mark had interesting comments about both and as we were going to break, suggested that the issues he was talking about dealt with how we get from where we are today to where we need to be to have a viable commercial space industry.
In our second segment, Todd emailed in questions about the impact of the U.S. and global economy on commercial space development. Later, Mark was asked what it would take to have a profitable commercial space industry. We talked about government subsidies in space, the Falcon 9, SpaceX, and ULA with the Atlas and Delta vehicles. Mark then addressed the issue of needing to know the real costs involved for a product or a launch vehicle saying there should be at least 5-7 successful missions before the costs can be classified as known and understood. Mark also addressed the difficulty with human spaceflight (HSF) and commercial space, then moved on to the boom in the cubesat sector which might actually end up being a product that does cross the chasm. Michael commented about mission insurance and Mark suggested that because of liability and insurance issues, we would not have a totally pure commercial space industry. A listener asked him about the NewSpace industry and Mark talked about this in the context of NASA and industry innovation and early adopters. Near the end of the program, Mark assessed the suborbital industry which is commercial but questioned the sustainability of the suborbital tourist market. As the program was ending, I asked Mark for a Huntsville space status report. He said things were stabilizing and it appears that worst of the layoffs and setbacks are now a thing of the past. Fiscal cliff worries exist but the situation was not getting worse. He said many were expecting new and larger projects within 2-4 years.
Please post your comments/questions on The Space Show blog. You can email Mark Bray through me.
Tabitha Smith, Gwyn Rosaire, Project Bifrost, Sunday, 12-16-12 December 16, 2012
Posted by The Space Show in Uncategorized.Tags: B4 core, chemical rockets, DARPAs 100 Year Starship Program, fission, Fukushima, fusion propulsion, graphite nuclear rocket fuel, Gwyn Rosaire, HSF to Mars, Icarus Interstellar, ITAR, NASA Marshall Decade Module 2 fusion project, nuclear economics, nuclear propulsion mission, nuclear space technologies, nuclear thermal rocket, Project Bifrost, Russian nuclear propulsion program, Saturn V rocket, Tabitha Smith, tungsten nuclear rocket fuel, White House nuclear rocket policy., Y-12 research
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Tabitha Smith, Gwyn Rosaire, Project Bifrost, Sunday, 12-16-12
http://archived.thespaceshow.com/shows/1915-BWB-2012-12-16.mp3
Guests: Tabitha Smith, Gwyn Rosaire. Topics: Nuclear propulsion, Project Bifrost, Icarus Interstellar. Please direct all comments and questions regarding Space Show programs/guest(s) to the Space Show blog, http://thespaceshow.wordpress.com. Comments and questions should be relevant to the specific Space Show program. Written Transcripts of Space Show programs are a violation of our copyright and are not permitted without prior written consent, even if for your own use. We do not permit the commercial use of Space Show programs or any part thereof, nor do we permit editing, YouTube clips, or clips placed on other private channels & websites. Space Show programs can be quoted, but the quote must be cited or referenced using the proper citation format. Contact The Space Show for further information. We welcomed Tabitha Smith and Gwyn Rosaire to our program to discuss Project Bifrost and nuclear space propulsion. For more information and to contact our guests, visit www.icarusinterstellar.org/projects/project-bifrost. If you are interested in joining Project Bifrost, or have suggestions, please use the “here” email link on the webpage. During our first segment, Ms. Smith started by giving us the origin and meaning of the project name, Bifrost (pronounced BEEFROST). This discussion included Icarus Interstellar and mention of the Darpa 100 Year Starship Program (100YSS). I asked Gwyn about our technical status in having a nuclear thermal rocket and he said we had more of an economic problem with nuclear propulsion than a technical problems. We talked about the lack of a mission for a nuclear rocket and that such a mission would be generated from the White House on down. Nuclear fuel was a topic as new research is focusing on tungsten fuels rather than graphite though our caller Dr. Jim Dewar suggested new opportunities existed with modern graphite fuels. Other listeners emailed in both questions and comments about fuel. Another topic included a discussion about a much larger payload to Mars with a nuclear thermal rocket (NTR) than a chemical rocket so I asked our guests about economic trades as to what would eventually be less costly, multiple chemical rocket launches or the use of a NTR. Using the Saturn V for our chemical rocket, We carried our analysis to the point of including additional launches to cover for a launch failure and also the human factors side in that a shorter trip means less radiation for the astronauts, thus less shielding and potentially less mass. I think you will find this discussion and analysis most interesting, including the NRC equation for astronaut exposure to radiation. In Dr. Dewar’s call, he also talked about the B4 core concept & the progress made with NERVA. We got emails from Bruce in Canada plus other listeners advocating private sector development, a change in ITAR, and the radiation policy changing after Fukushima per this article, www.world-nuclear-news.org/RS_UN_approves_radiation_advice_1012121.html, and the UN Scientific Committee on the Effects of Atomic Radiation (UNSCEAR).
In our second segment, Michael called in to ask about Russian outreach and the Russian nuclear propulsion program. We then asked our guests for the future Project Bifrost plans. We learned of several major issues. One issue centered on U.S. export control. Our guests also noted that the Russian economy was actually gaining in strength and this might cause them to think its better to go it alone than team up with a weak international partner. Other listener emails inquired about time lines for operation. It was suggested that about ten years would be needed for the NTR if all goes well. As for more routine Mars flights, it was suggested that it would take about twenty years after the first human flights to Mars to really have the program operational. We talked about the private sector and our guests suggested that the private sector will play a strong role in developing and using nuclear propulsion. Moving on, the second project our guests mentioned had to do with ablation technology using NASA Ames facilities. The third and final project mentioned was at Huntsville, the Decade Module 2 fusion project at Marshall. During both the first & second segments, our guests talked about Jupiter radiation and magnetic shielding. John asked about this when he called in the second segment. Doug inquired about Dr. Zubrin’s Mars plans & possible trajectories that could be used with the pros and cons for each. Bruce inquired about fuel vibration problems, then Tim called wanting to know about tours at the Marshall facility & the level of power needed for interstellar travel. As we were ending, our guests said we needed breakthrough propulsion or new physics for interstellar travel. Both our guests left us with important closing comments relevant to Project Bifrost & nuclear propulsion for our future with space development. Don’t miss what each had to say as we brought our discussion to a close.
Post your comments/questions on The Space Show blog. You can email our guests through me or through the above website URL for Bifrost.
Jim Keravala, Shackleton Energy Co., Friday, 12-14-12 December 15, 2012
Posted by The Space Show in Uncategorized.Tags: benefit sharing, capital markets, Cislunar space, energy crisis, Geostationary, global economy, infrastructure investment, insitu resource usage, ISS, ITAR, Jim Keravala, Kessler limits, LEO, Moon, Propellant Depots, public/private partnerships, Shackleton Energy Company, Shackleton Energy timelines, Shackleton industrial astronauts, space debris, space finance, SSP, Surrey Satellite, technology transfer, U.S. economy, water ice at lunar poles
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Jim Keravala, Shackleton Energy Co., Friday, 12-14-12
http://archived.thespaceshow.com/shows/1914-BWB-2012-12-14.mp3
John Batchelor Hotel Mars, Wednesday, 12-12-12 December 13, 2012
Posted by The Space Show in Uncategorized.Tags: : John Batchelor, Curiosity, Dr. David Livingston, Dr. Paul Mahaffy, Gale Crater, Mars, Martian organics., Martian soil samples, perchlorics, SAM, The John Batchelor Show "Hotel Mars, Viking, water molecules
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John Batchelor Hotel Mars, Wednesday, 12-12-12
http://archived.thespaceshow.com/shows/1913-BWB-2012-12-12.mp3
Guests: John Batchelor, Dr. Paul Mahaffy, Dr. David Livingston: Topics: Mars soil samples with Curiosity. You are invited to comment, ask questions, and discuss the Space Show program/guest(s) on the Space Show blog, http://thespaceshow.wordpress.com. You are invited to comment, ask questions, and discuss the Space Show program/guest(s) on the Space Show blog, http://thespaceshow.wordpress.com. Comments, questions, and any discussion must be relevant and applicable to Space Show programming. Written Transcripts of Space Show programs are not permitted without prior written consent from The Space Show (even if for personal use) & are a violation of the Space Show copyright. We do not permit the commercial use of any Space Show program or part thereof, nor do we permit Space Show programs to be edited, placed on YouTube, or other private channels & websites. Space Show programs can be quoted in news articles, papers, academic & research work but must be cited or referenced in the proper citation format. Contact Dr. Livingston for questions about our copyright and trademark policies which we do enforce. This program is archived on The Space Show website, podcasting, and blog sites with permission from John Batchelor. Please visit the John Batchelor Show website for more information about this fine program, www.johnbatchelorshow.com. During our 11 minute plus discussion, we specifically talked with Dr. Mahaffy, the PI of SAM, about Curiosity, the first Mars rover able to scoop soil into analytical instruments. The specific soil sample we discussed came from a drift of windblown dust and sand called “Rocknest.” The site lies in a relatively flat part of Gale Crater still miles away from the rover’s main destination on the slope of a mountain called Mount Sharp. The rover’s laboratory includes the Sample Analysis at Mars (SAM) suite and the Chemistry and Mineralogy (CheMin) instrument. SAM used three methods to analyze gases given off from the dusty sand when it was heated in a tiny oven. One class of substances SAM checks for is organic compounds — carbon-containing chemicals that can be ingredients for life. No definitive detection of Martian organics has so far been detected but as you will hear, it is way too early in the Curiosity exploration to rule out the possibility of organics on Mars. Dr. Mahaffy did say that perchlorics had been found based on questions by John, Paul talked about findings from Viking, Oppy, and Phoenix. In looking for organics, Paul told us that they needed to make absolutely sure that nothing being measuring came from Earth. Our guest of honor then explained the procedures being used to make sure there is no Earth contamination. Dr. Mahaffy had much more to say in this short segment so don’t miss it.
You can contact Mr. Batchelor or Dr. Paul Mahaffy through me at drspace@thespaceshow.com. Post your comments/questions on The Space Show blog.
Open Lines, Tuesday, 12-11-12 December 12, 2012
Posted by The Space Show in Uncategorized.Tags: " Robby the Robot., " SpaceX, "Forbidden Planet, "War of the Worlds, Batchelor Show Hotel Mars segments, EML2, Mars, Meetups, N-Prize, NANOSAT Challenge, NASA budget issues, North Korean Missile launch, Open Lines, sci-fi movies, sequestration, SLS, space economics, UFOs, X-37B, XPrize, Zubrin Mars op-ed
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Open Lines, Tuesday, 12-11-12
http://archived.thespaceshow.com/shows/1912-BWB-2012-12-11.mp3
Guest: Open Lines with Dr. David Livingston. Topics: Current events in space policy, NASA, DOD, & U.S. economic issues impacting space. Please direct all comments and questions regarding Space Show programs/guest(s) to the Space Show blog, http://thespaceshow.wordpress.com. Comments and questions should be relevant to the specific Space Show program. Written Transcripts of Space Show programs are a violation of our copyright and are not permitted without prior written consent, even if for your own use. We do not permit the commercial use of Space Show programs or any part thereof, nor do we permit editing, YouTube clips, or clips placed on other private channels & websites. Space Show programs can be quoted, but the quote must be cited or referenced using the proper citation format. Contact The Space Show for further information. Welcome to our December 2012 Open Lines show. As Open Lines programs go, this was a fairly quiet program. I opened with a list of possible discussion topics and our first call dealt with one of the topics, the North Korean missile launch. Mike called in to update us on the latest with the launch and then he continued to give us updates during the program to the point of confirming orbital insertion for its satellite. He also reported a successful 3 stage rocket launch for the N. Koreans. We talked about the significance of the launch, how it surprised our intelligence services and more. We got an email from Darren in Canada telling us he liked the “passionate exchange between Zimmerman and me from the day before as that exchange was also one of the topics I suggested for discussion. After a short break, we took a call from John in Atlanta who picked up from the night before with our science fiction movie discussion. We talked more about Forbidden Planet and John referenced the original War of the Worlds movie. John also talked about the UFO subject in the context of our sci-fi movie discussion, then he referenced the op-ed by Dr. Zubrin about Mars Sample Return missions and why Dr. Zubrin was not supportive of the EML2 mission. From here, we went to the SLS subject and knowing John to be a strong supporter of the project, I asked him if he thought the project would be cancelled and when. John suggested it might be slowed down before it was cancelled outright. After another break, I mentioned the X-37B successful USAF launch and responded to two emails. One was about my Hotel Mars John Batchelor Show segments and the other asked me to explain how and why I connect the dots regarding our economic problems in the country to possible adverse impact on NASA and even in the private capital markets. This opened the door for me to do a mini rant/lecture on how I see economics and why I connect these dots. If you disagree, do post on the blog and share your information and perspective with us all. Disagreement is always wanted and respected on The Space Show. Next, Charles called in and talked about the doomed NASA Nanosat Challenge. He compared it to XPrize which he believes set the model and tone for such prizes. Charles next flung barbs at NASA, especially for the JWST, the ISS, & SLS. At one point, he said NASA was “like a beached whale!” Charles told us about Meetups in Las Vegas and on the national scene & he provided a brief update on the N-Prize contest.
If you have comments/questions about this OL program, do post them on The Space Show blog. You can reach any of the callers through me at drspace@thespaceshow.com.
Robert (Bob) Zimmerman, Monday, 12-10-12 December 11, 2012
Posted by The Space Show in Uncategorized.Tags: " Robby the Robot., " SpaceX, "Forbidden Planet, "Genesis: The Story of Apollo 8: The First Manned Mission to Another World", Antares, Apollo 8, Arianne 5, Arianne 6, Baikonur Cosmodrome, Commercial Crew, Dragon, Dream Chaser, drones on Mars, EMLD, ESA, Falcon 9. , Golden Spike, heavy lift, ISS, James Webb Space Telescope, launch industry, lunar farside missions, manned space exploration, NASA budget cuts, NASA Mars Program, Orbital Sciences, Robert (Bob) Zimmerman, secondary payloads, sequestration, SLS, SpaceShip2, Stratolaunch, Virgin Galactic, XCOR
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Robert (Bob) Zimmerman, Monday, 12-10-12
http://archived.thespaceshow.com/shows/1911-BWB-2012-12-10.mp3