With Virgin Galactic’s ‘big move” of its SpaceShipTwo to New Mexico expected to occur sometime in 2018, Spaceport America officials say they need taxpayers to ante up more money.
Dan Hicks, Spaceport America CEO, told attendees at the Greater Las Cruces Chamber of Commerce 2017 Space Update Luncheon on Thursday that more spaceports are poised to enter the commercial space industry, with 10 other licensed spaceports operating and an additional nine applications pending with the Federal Aviation Administration. And, with Virgin Galactic set to begin manned flights as soon as next year, more funding is needed to accommodate the increased traffic expected to follow, he said.
Hicks said he will seek an additional $600,000 from the Legislature to increase staff levels and continue with infrastructure improvements. At a cost of nearly $220 million, the taxpayer-financed Spaceport America opened in 2011. At the time, officials envisioned a new commercial space economy that would transform southern New Mexico. That economy has yet to come to fruition, but officials are hopeful.
The funding is necessary to stay on par with other spaceports around the country, Hicks said. With 16 people currently on the Spaceport America staff, Hicks hopes to increase that number to 26 “very quickly” to accommodate Virgin Galactic’s planned move to New Mexico….
New Mexico’s Spaceport America has a $6.1 million operating budget with a current state appropriation of $375,000 with $600,000 in local gross receipts taxes generated solely from Doña Ana and Sierra counties. Customer revenue generates $2.1 million.
The Kardashians — America’s first family of WTF? reality show programming — is apparently eager to blast off into space.
Kris Jenner is said to be keen to fly the family further than she ever has before to shoot an episode of Keeping Up With the Kardashians – which recently celebrated its 10th anniversary – on Richard Branson’s Virgin space shuttle.
An insider close to Kris told heat magazine: “Kris is fascinated by outer space, and is looking into paying for her and the family to be among the first passengers on Virgin’s commercial space shuttle.
“Kris just signed a $150 million deal that will keep their reality show until the end of 2019. The pressure is on to keep things exciting, and what better way than by filming an episode in space?
“They’d be the first family to orbit the planet, and Kris is convinced she’s hit on the ultimate storyline.”
If they want to orbit the Earth, they shouldn’t be talking to Branson. SpaceShipTwo will only get them about four to five minutes of weightlessness in suborbital space.
Hopefully that would be enough. But, then again, when is anything ever enough for the Kardashians? Their appetite for money, fame and attention seems as boundless as space itself.
Testimony of Greg Wyler Founder and Executive Chairman, Worldu Satellites Limited (OneWeb)
Before Senate Committee on Commerce, Science, and Technology Oct. 25, 2017
This is a great time to discuss our progress as we are investing over $4 billion to build the world’s first large scale satellite constellation, and will begin launching our fleet in the coming months.
RIYADH, October 27, 2017 (CIC PR) – Sir Richard Branson has said that he would not only invest in Saudi Arabia but also partner with the Kingdom on his ambitious space projects, including a space-centric entertainment center that may be built in the capital city of Riyadh.
“It’s an exciting time to invest in Saudi Arabia,” the Virgin Group founder told the closing session of the October 24-26 Future Investment Initiative (FII) summit in Riyadh, hosted by the Saudi Arabian Public Investment Fund (PIF), the country’s main sovereign wealth fund.
Video Caption: Richard Branson, Founder & President, Virgin Group will start his space operations in 4 months with the launching of small satellites. But he also presents the project for his Space Center in Saudi Arabia.
Saudi Arabia’s non-binding agreement to invest $1 billion in Richard Branson’s three space companies is part of a broader set of ventures that includes Branson’s Virgin Group investing in a new mega city on the Red Sea and suborbital space tourism flights from the Saudi capital.
“Branson has become the first international investor to commit to involvement in the Red Sea Project and nearby Al Ola/Madain Saleh, another prime site for the development of tourism, both domestic and international,” the Saudi government proudly announced on Oct. 1, more than three weeks before the space deal was unveiled.
The nonbinding memorandum of understanding involving $1 billion in investment from Saudi Arabia is Richard Branson’s latest success in obtaining financial support from governments for his Virgin Group’s space companies.
The table below shows funding invested directly into the group’s space ventures and indirectly for infrastructure.
VIRGIN GROUP SPACE COMPANIES — DIRECT & INDIRECT GOVERNMENT INVESTMENT
Custom built spaceport named Spaceport America constructed on 18,000 acres of land — Virgin Galactic signed 20 year lease to serve as anchor tenant
Government-owned sovereign wealth fund Aabar Investments obtained 31.6 percent share of Virgin Galactic — plans for a spaceport where SpaceShipTwo would fly in Dubai — future commitment of $100 million more when Virgin Galactic developed viable plan for small-satellite booster (LauncherOne)
Aabar Investments increased share of Virgin Galactic to 37.6 percent
Under non-binding MOU, government-run Public Investment Fund (PIC) would obtain undisclosed share of three Virgin Group space companies: Virgin Galactic, Virgin Orbit and The Spaceship Company — Virgin Group to maintain majority ownership
PIC has an option to invest nearly a half-billion more in Virgin Group space services
This image was posted on Twitter by Saudi Arabia’s Center for International Communications. It appears to be from an event announcing the non-binding memorandum of understanding under which Saudi Arabia would invest $1 billion in the Virgin Group’s space companies (Virgin Galactic, Virgin Orbit and The Spaceship Company). Virgin Group Chairman Richard Branson appears to be on stage.
The press release announcing the deal mentions that the funding would “accelerate our programme for point to point supersonic space travel,” a plan that Branson has long talked about but for which there has been almost no details. That vehicle has been unofficially called SpaceShipThree.
I don’t know if this is that, or how accurate the illustration is if it indeed represents the vehicle mentioned in the press release. But, it’s interesting nonetheless.
RIYADH, Saudi Arabia, October 26, 2017 — The Public Investment Fund (PIF) of Saudi Arabia and Virgin Group (Virgin), have signed a non-binding Memorandum of Understanding (MoU) for a partnership under which PIF intends to invest approximately $1 billion into Virgin Galactic, The Spaceship Company and Virgin Orbit, with an option for $480 million of future additional investment in space services.
Ah, yeah…about that….Maybe if Virgin Galactic was already in powered flights. As it is, they still have at least one more glide flight to conduct. And they haven’t conducted one of those in two months.
It’s possible they only get one powered flight test off the ground by the end of the year. Would that leave them prepared to begin commercial flights by April? Probably not. There are a lot of variables involved — number of test flights, pace of testing, problems they discover — but six months would be pushing it.
The morning of Dec. 3, 2016, began like so many others in Mojave. The first rays of dawn gave way to a brilliant sunrise that revealed a cloudless, clear blue sky over California’s High Desert.
This was hardly newsworthy. For most of the year, Mojave doesn’t really have weather, just temperatures and wind speeds. It had been literally freezing overnight; the mercury was at a nippy 28º F (-2.2º C) at 4 a.m. As for Mojave’s famous winds – an enemy of roofs, trees and big rigs, but the lifeblood of thousands of wind turbines that cover the landscape west of town – there really weren’t any. It was basically a flat calm.
Pete Siebold and Mike Alsbury heard the sound of hooks disengaging and felt a sharp jolt as SpaceShipTwo was released from its WhiteKnightTwo mother ship. Relieved of a giant weight, WhiteKnightTwo shot upward as the spacecraft plunged toward the desert floor.
“Fire,” Siebold said as the shadow of one of WhiteKnightTwo’s wings passed across the cabin.
“Arm,” Alsbury responded. “Fire.”
The pilots were pushed back into their seats as SpaceShipTwo’s nylon-nitrous oxide hybrid engine ignited behind them, sending the ship soaring skyward on a pillar of flames.