“This business will mark a milestone in world history, and it will launch a new space industry — a private space industry, driven by innovators and entrepreneurs and new technologies and bold thinkers.” — Richard Branson
“What we are calling the second space age will open up a wide range of commercial opportunities, including point-to-point cargo delivery, with personal and business travel.” — Gov. Bill Richardson
Ten years ago today, Virgin Galactic and New Mexico announced a deal for development what became known as Spaceport America. New Mexico would built a $225-million spaceport with taxpayer’s dollars in the desert near Truth or Consequences. Sir Richard Branson’s new space company would sign a 20-year lease to fly tourists aboard SpaceShipTwo from the facility beginning in 2008. New Mexico also expected the spaceport to be used by UP Aerospace, Starchaser Industries, and Peter Diamandis’ Rocket Racing League and X Prize Cup.
X PRIZE Founder Peter Diamandis is attempting to raise $200 million for a new venture capital fund that will target exponential technology companies, according to a regulatory filing with the Securities and Exchange Commission (SEC).
Diamandis is co-founder of the Singularity University, which focuses on exponential technology development.
The filing for Bold Capital Partners, L.P., lists three other executives involved in the limited partnership. They include:
Teymour Boutros-Ghali, co-founder and managing partner of Monitor Ventures. A nephew of former United Nations Secretary General Boutros Boutros-Ghali, he was founder and CEO of AllBusiness (acquired by NBC), Zowie Intertainment (sold to LEGO), and Thrive Online (acquired by AOL).
Neal Bhadkamkar, co-founder and managing partner of Monitor Ventures. Bhadkamkar previously served as VP of Manufacturing and Engineering at Zowie Intertainment and headed up the commercialization process at Interval Research, which is Paul Allen’s research and commercialization company.
Emilio Diez Barroso, a Mexican-American businessman who is chairman and CEO of NALA Investments, which has holdings in communications, energy, transportation, consumer products, real estate, technology and media.
Planetary Resources has raised $12.2 million in new financing as part of an offering of $20 million, according to a company filing with the Securities & Exchange Commission. The funding came from 16 unnamed investors.
The Redmond, Wash., company is focused on mining asteroids. It was co-founded by Peter Diamandis and Eric Anderson.
One Year Ago, the Ansari X Prize Turned 10 It Was an Uncomfortable Birthday
By Douglas Messier Managing Editor
The planes kept coming and coming. One after another, they swooped out of a blue desert sky and touched down on the runway at the Mojave Air and Space Port. By mid-morning there were at least a dozen private jets stretched along the flight line running east from the Voyager restaurant toward the control tower. And even more were on their way.
And to what did Mojave owe this ostentatious display of wealth by the 1 percenters? They had come to the sun-splashed spaceport last Oct. 4 to celebrate the 10th anniversary of the Ansari X Prize. A decade earlier, Burt Rutan and his Paul Allen-funded team had won $10 million for sending the first privately-built manned vehicle into space twice within a two-week period.
Eleven years ago today, Brian Binnie flew SpaceShipOne to an altitude of 112.014 km (69.6 miles), breaking a record of 107.8 km (67 miles) set by Joe Walker in the X-15 rocket plane 41 years earlier. As Binnie landed the small, experimental space plane at the Mojave Air and Space Port before a cheering crowd, he clinched the $10 million Ansari X Prize for Burt Rutan and his financial backer, Paul Allen.
The air during the post flight events was full of promises, boasts and hopes that today appear positively cringe worthy.
With an end-of-the-year deadline looming for the Google Lunar X Prize to continue, the $30 million competition to land a private rover on the moon has shrunk in half to 16 teams from the original 33 or 34 (more on that later).
At least one of the teams has to demonstrate that it has a firm launch contract in place by Dec. 31 for the competition to continue. If at least one team can show a contract this year, then the remaining teams in the competition will have until the end of 2016 to secure contracts in order to stay in the race.
The IEEE Spectrum has an interesting update on the $30 million Google Lunar X Prize, which recently slipped its deadline for landing a rover on the moon from the end of 2015 to Dec. 31, 2016.
The story confirms what I’ve suspected for quite some time now: it’s much easier to build and test hardware on Earth than it is to get it to the lunar surface. With two years, not one of the 18 remaining teams has locked down a firm launch date. If none of them does by the end of 2015, the competition will end without a winner.
The crash of SpaceShipTwo and the tragic loss of Scaled Composites test pilot Mike Alsbury were stark reminders that despite all the promises about the safety of new space tourism vehicles, space travel is a dangerous business where death can come in seconds.
If outsiders were stunned by the tragedy, it had a sickeningly familiar feel to long-time Mojave denizens. Mike Alsbury was not the first Scaled employee to die developing SpaceShipTwo for Richard Branson’s Virgin Galactic spaceline. He was the fourth. Three engineers preceded him seven years earlier in a horrific accident at the Mojave spaceport.
The 2007 tragedy was quite different from the one that occurred over Jawbone Canyon on Halloween. The response to it was both different and eerily familiar.
It appears as if “about 30” people signed up for the trip, grossing the X Prize Foundation about $1.2 million. The group includes W. Brett Wilson, whom Canadians will remember as having formerly starred on the CBC show Dragon’s Den, and mining magnate Rob McEwen, whom Canadians will remember as the guy who digs big holes in the ground.
Burt Rutan, Paul Allen and Richard Branson are among those who will gather at the Mojave Air and Space Port on Oct. 4 to mark the 10th anniversary of SpaceShipOne winning the $10 million Anari X Prize, Parabolic Arc has learned.
X Prize Foundation Chairman and CEO Peter Diamandis will preside over the invitation-only event, which is expected to draw hundreds of guests. The foundation sponsored the prize for the first privately-funded vehicle to fly into space twice in two weeks.
Congratulations are in order to X Prize Foundation Founder Peter Diamandis and the team behind the Mars Curiosity rover.
Popular Mechanics selected them for their 2013 Breakthrough Awards. Diamandis won the Leadership Award for his work in creating prizes and technology breakthroughs with the X Prize Foundation. The magazine includes a Q&A with Diamandis.
The Mars Curiosity team were among 9 other individuals and groups singled out in the innovators category. They landed the car-sized rover on the Red Planet.
The magazine also cited the team behind the U.S. Navy’s X-47B aircraft, a prototype for unmanned combat jets that landed on an aircraft carrier without a pilot in July. Popular Mechanics also singled out 10 innovative products for 2013, which included a desktop milling machine and a 3D scanner/printer.
Editor’s Note: Strangely unmentioned in the press release below is the announcement last month that 3D Systems “had joined Planetary Resources’ core group of investors and will be a collaborative partner in assisting Planetary Resources to develop and manufacture components of its ARKYD Series of spacecraft using its advanced 3D printing and digital manufacturing solutions.” This is one of Diamandis’ companies. You think that would be relevant, but apparently not.
ROCK HILL, S.C., July 24, 2013 (3D Systems PR) – 3D Systems (NYSE:DDD) announced today that its Board of Directors has elected Peter H. Diamandis a director of the company.
Dr. Peter Diamandis is the Chairman and CEO of the X PRIZE Foundation, which leads the world in designing and launching large incentive prizes to drive radical breakthroughs for the benefit of humanity. Diamandis is also the co-Founder & Executive Chairman of the Singularity University, a Silicon Valley based institution teaching graduates and executives about exponentially growing technologies and their potential to address humanity’s grand challenges.