Wednesday, May 14, 2014

Rocket Men: A unique gathering of 13 companies showcases a coming year of launches

From MIT's Technology Review:

Intergalactic Entrepreneurs Prepare for Blast-Off
It was a rare meeting of minds. Representatives from 13 commercial space companies gathered on May 1 at a place dedicated to going where few have gone before: the Explorers Club in New York.

Amid the mansions and high-end apartment buildings just off Central Park, executives from space-tourism companies, rocket-making startups, and even a business that hopes to make money by mining asteroids for useful materials showed off displays and gave presentations.

The Explorers Club event provided a snapshot of what may be a new industry in the making. In an era when NASA can no longer support manned spaceflight and government funding for unmanned missions is tight, a host of startups—most funded by space enthusiasts with very deep pockets—have stepped up in hope of filling the gap. In the past few years, several have proved themselves. Elon Musk’s SpaceX, for example, delivers cargo to the International Space Station for NASA. Both Richard Branson’s Virgin Galactic and rocket-plane builder XCOR Aerospace plan to perform demonstrations this year that will help catapult commercial spaceflight from the fringe into the mainstream.

The advancements being made by space companies could matter to more than the few who can afford tickets to space. SpaceX has already shaken incumbents in the $190 billion satellite launch industry by offering cheaper rides into space for communications, mapping, and research satellites.

However, space tourism also looks set to become significantly cheaper. “People don’t have to actually go up for it to impact them,” says David Mindell, an MIT professor of aeronautics and astronautics and a specialist in the history of engineering. “At $200,000 you’ll have a lot more ‘space people’ running around, and over time that could have a big impact.” One direct result, says Mindell, may be increased public support for human spaceflight, especially “when everyone knows someone who’s been into space.”

Along with reporters, Explorer Club members, and members of the public who had paid the $75 to $150 entry fee, several former NASA astronauts were in attendance to lend their endorsements—including the MC for the evening, Michael López-Alegría, veteran of the space shuttle and the ISS. Also on hand, highlighting the changing times with his very presence, was the world’s first second-generation astronaut, Richard Garriott. Garriott’s father flew missions on Skylab and the space shuttle in the 1970s and 1980s, respectively. However, Garriott paid his own way to the International Space Station in 2008 as a private citizen....MUCH MORE
Previously:
Here Comes Another Asteroid Mining, 3D Printing, Robotic, Start-up
Branson to Accept Bitcoins for Space Travel 
Is Murder Legal on the Moon? and Other Questions Posed by the Current Space Land Grab 
The new market space: billionaire investors look beyond Earth 
The Top 10 Private Spaceship Companies 
Swiss Space Systems (S3) and Their Pudgy Bantam Spaceplane