July 28, 2005

Grounded Yet Again

The cameras worked. For the first time in the history of the program, clear data was obtained on debris coming off the system. That data has resulted in the fleet being grounded yet again.

The decision is one of prudence, especially given the already hostile tone in the Old Media over the decision to launch even if the same sensor problem came up yet again. Ignorance of things technical rules, and quite a few have shown their ignorance in the last couple of days (anyone else catch E.D. Hill on Fox showing her rear yesterday morning?). Rand has a good post that deals with this.

Yet, it may also be a case of information overload. NASA has known that debris, mostly insulation and ice, has come off since day one. This is not a new issue, for if you go back to the "glory days" of Apollo and look at the footage, you will see lots and lots of ice falling away as the Saturns start up off the pad. In the case of the Shuttle, you will find that NASA has cataloged thousands, repeat thousands, of hits and damage to tiles on the orbiter. Repairs are required every mission, which incidentally helps reduce the rate of flight. What matters is where the damage happens: in most areas it is not a significant problem. In the wrong area, you have a catastrophic failure -- which does not require a "huge" hole as oft reported of late -- such as Columbia.

Politics and an abundance of caution have grounded the fleet yet again. Mayhaps it is time to ask the question any household must eventually ask itself: should we put more money into the old car, or is it time to invest in a new vehicle? Before, asking this question would have meant a massive and protracted design process within NASA. Now, however, with companies such as XCOR and Scaled Composites there are options. The number and quality of options are growing.

Mayhaps NASA and the administration should consider a competition using the X-Prize as a model. Why not offer contracts to the first three companies who can demonstrate a truly reusable system for delivering people to and from space? Why not offer contracts to the first companies that can demonstrate a truly reusable system for delivering cargo to space? Maybe it is time that we start seeing the space equivalents of sedans, sports cars, pickups, and more in space...

Just some thoughts, amidst some mixed emotions, this fine morn...

LW

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July 26, 2005

Discovery Is Up

And I just can't get worked up about it. I am glad that they are up and that all goes well so far. I have had professional contact with members of the crew in the past, and wish them well. Yet, this rings hollow for me.

The shuttle system is an outdated kludge, and needed replacement years ago. Today shows it can fly, but it can't fly reliably.

I may post more on this later, but for now I feel I am watching at best a last hurrah, an extolling of a space Maginot line.

LW

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December 24, 2004

Acceptance Of Risk

Courtesy of Rand Simburg, I was treated to comments from John Young that detail the lack of change at NASA and offer a refreshing view: the acceptance of risk. That is something lost in today’s culture, where the concept of zero-risk life, litigation, and cultures-of-victimization have taken significant control.

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December 22, 2004

Excuses, Reasons, and O’Keefe

Rand notes that I have not written much about space lately, and that is true. I have not written about much of substance in a while for a number of reasons, including the fact that others have covered some things much better than could I under the circumstances. Yet, the departure of O’Keefe from NASA warrants a few words, even more than those in this good summation.

I must admit, I had very high hopes when O’Keefe came to the agency. NASA was a dysfunctional mess on many levels, and the previous administrator was, in my opinion, was far more interested in creating new problems and preventing effective management than in becoming a part of the solution. Yes, he did inherit some significant problems, but he left those and many more for O’Keefe.

Now, few people disagreed that NASA needed a major overhaul. Word is that a naughty and nice list was drawn up, as was an assessment of major organizational and philosophical problems. Word had it that O’Keefe would come in to do some things outright, but that the problems would be laid out to upper management and NASA given the chance to fix things. Word has it that this was done, and that nothing did get done, management chosing to go with business as usual for the most part.

Now, as the article referenced above notes, it should not be thought that O’Keefe was doing nothing, for nothing could be further from the truth. I do not believe for a moment the rumor that NASA accounting was still using an abacus by firelight in a cave somewhere under the Lincoln Memorial. I think they at least had a flashlight. The system in place was antiquated, disorganized, and – I suspect – deliberately fractured along Center lines.

O’Keefe started the long needed, and just plain long, process of updating it to something at least semi-effective and modern. While I have no first-hand knowledge, I suspect that there was some resistance in certain quarters, as having a system with little or no accountability and documentation allows a certain degree of flexibility that would otherwise not be present. Along the same lines, I am not convinced that the upgrading and such is truly finished.

While some of the people rumored to be on the “naughty” list did indeed end up leaving NASA, it was far short of what most people expected. Nor was the much vaunted and long-running re-organization close to what rumor had put it. In short, a great deal of what needs to be done still has not been done.

As an institution, NASA remains extremely anti-commercial/commercialization. All of the large programs allegedly for such look not to what industry wants or needs, but to what NASA wants and needs. Marketplace realities do not enter into the equation for the most part, and NASA wants a lot without giving much in return. While it is an old example, NASA was given years ago the option to have a private company with significant food service experience design and build a galley for them for use in space. The company was more than happy to do what would have amounted to hundreds of millions of dollars worth of development, testing, approval, and production for free. All they wanted was to have their logo on the galley. This was not acceptable to NASA, and it was turned down.

That basic attitude, along with the idea that doing research for money and to produce real products is somehow tainted and evil, is still very strongly entrenched at NASA. While some headway is being made, the campaign still has a long way to go. If you want a war analogy, I think we are at Dunkirk, not Normandy, in terms of revamping NASA.

I have heard the excuse being given by Mr. O’Keefe for leaving. Sorry, that is not a reason, but rather an excuse. Rumors abound about the true reason(s), ranging from not getting a more plum assignment in the second administration to a realization that neither he nor anyone else can do the job. My own bit of speculation goes more towards the latter. I wonder if he is leaving because he might not be allowed to do the job.

The loss of Columbia had a profound impact on the political equation. Before, I think Congress would have gone along with even an extremely drastic reorganization of the agency. Afterwards, I think that they would not because it might be seen as a vendetta of some sort. Whatever the reason, the loss significantly changed the political equation, and I for one am not sure that a number of the changes I think are necessary can now take place. If you are not going to be allowed to finish the job, and no other better assignment is available, leaving becomes the best option.

While I disagree, strongly, with several decisions made on his watch, I can say that he has made a good start towards much needed change within the agency. Sean O’Keefe was indeed the best administrator NASA has seen in many years. Starting to fix the financial system and the extremely dysfunctional safety culture were good things. My sorrow is that the job was not finished. My hope is that whomever comes after can and will continue the job, and so that the agency becomes a help to space exploration and exploitation, rather than the hindrance it has been.

LW

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October 04, 2004

SpaceshipOne Coverage

0948 hours Eastern: We have liftoff of the tandem unit from the runway. Looked smooth, nice. More later, will try my best to live-blog as it happens.

1005 hours: flipping through the coverage, not impressed by a lot of it. The lack of specialist coverage at the broadcast outlets is outstanding, and not in a good way. The only broadcast outlet with any such in evidence is CNN and Miles O'Brien, who is very knowledgeable on space and somewhat on aviation. Gone are the days when the Old Media three had people like the late, great Jules Begman. Lot of concern over the "new" pilot (more on him here), but Scaled has said all along they planned to use multiple and planned to do so last time, but had to switch because the planned pilot was not 100 percent.

1046 hours: Much as I don't care for the Communist News Network, they do have the best coverage on broadcast. Miles is a good science reporter, and quite the space enthusiast, and it makes a heck of a difference in their coverage. Stewart, in this post has it right.

1048 hours: Separation. Clean release, burn start looks good. Stable. No roll so far. Very stable in comparison with first two flights. Not much yaw either. some shaking reported. Very nice so far. Rocket shutoff. Coast underway. Very, very clean flight so far, remarkably stable. Still coasting up, configured for re-entry. Taking pictures onboard according to radio.

1054 hours: Re-entry underway. All still smooth.

1057 hours: Smoothest flight so far by my eye. Re-entry looks very good, very stable.

1103 hours: Confirmation of Mission Accomplished! Altitude is confirmed and Scaled has indeed won the X-Prize. Chase planes report the craft looks good and things proceeding smoothly for landing.

1105 hours: Well, they will win if he lands intact. My bad for misspeaking.

1107 hours: Low-chase planes have picked him up. Alll continues to look good. It will be interesting to learn how much of this is the result of system tweaks and how much from pilot tweaks based on lessons learned from the previous flights. Net result is a flight that looked very good.

1112 hours: Gear down. Final. Smooth landing. Damn that was smooth, not even a bump as he came on in. They have now indeed won the prize. And we and our children will reap the rewards.

Rand, as usual, has some good coverage and insights.

1117 hours: Chase planes finish(?) victory rolls.

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September 29, 2004

X-Prize Attempt Underway

FNC is doing some lame coverage, but at least it is live. The studio person seems determined to show "balance" by getting into all the negatives. Anti-NASA, more about passion than money, etc. One of the things dragged up is the chance of disaster and death.

It will happen. Deal with it. In pursuit of any new venture, any new opportunity, any new frontier, there will be setbacks, destruction, and death. Risk is a part of life, and NASA has quite a few names on the wall. There are many more around the world. The current zero-defect/perfect safety crowd would end all advancement because there is no advancement in any area without risk.

Yes, we will lose people. We will lose craft. And we will move forward.

Launch. Nice, good music, wish the studio anchor had shut up as she promised. She lied. Then again, she is a broadcast journalist, so why am I not surprised she lied?

BTW, launch delayed because of winds. More later when it reaches separation altitude.

FNC studio anchor really seems obsessed with the risk.

1110 hours: Launch! Beautiful start, but craft is now spinning on its way up. Interesting. Really more of a roll around the long axis than a spin. Looks like it is stabilized. Good image on Fox, reportedly a camera attached to a telescope.

1113 hours: At height? That is announcement, no confirmation.

1116 hours: On the way back home. Things look really good, stable, nice images. FNC continues to hit on the risk.

1120 hours: Reports now that engine had to cut off early because of the roll. Thought it had gone out early, but was not sure.

FNC really has the bit in its teeth over risk. For the umpteenth time in the coverage they have brought up that civilians will die, it will hurt government funding of space efforts, etc. Asked and answered, by multiple guests. Some small bits of good info, but a lot of blather and poor reporting/info too.

Really want to know more about the roll. That is troubling, even though it was dealt with. Still a few bugs in the system, but not surprising given all.

Bloody hell will FNC give it a rest? We know, we know it is dangerous and that it is landing as a glider. Really don't think the touchdown is the most dangerous part no matter what they say. Think the most dangerous time was on the ride up, not the landing. Yes, it is gliding but that is why they are where they are. Pilot deserves kudos for all he has handled.

1133: Touchdown!

Looking forward to hearing from real experts about the roll, most especially the pilot. May hit mute until then, but if FNC keeps on as it has they will blather over it all.

Think the reported repeat attempt on Monday will depend on a lot, including exactly what was going on with the roll. If all goes well, and the roll is not a real bad problem, would not be surprised if they don't try for Monday. They have two weeks, so will see.

Really do wish CSPAN or someone would do straight coverage, no blather, for the Ansari flights. Actually, really wish I could have been there today for this.

Short version is that the door is indeed kicked open. The first two flights have shown that private enterprise can make it up and back, even if not smoothly. Then again, the start of any new industry is never smooth. You can look to coaches, ships, and even the airline industry. Smooth was not the goal, just showing it could be done was enough for now. Smoothness will come with time, experience, and with competition. All that needs to happen for now is smooth enough to get up there and back in reasonably good shape. Even if the next flight is not smooth, the door is still open to real space commercialization. It will take a literal act of Congress to close it now.

Some good commentary on the roll issue, as expected, is up at Transterrestrial Musings.

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September 28, 2004

Virgin Galactic

One more sign that the space revolution is underway is the entry of Virgin Galactic. When people like Richard Branson take space tourism and space commercialization seriously, that means it is being taken very seriously indeed. I agree with Rand that the giggle factor is gone, and is being replaced by some serious market research, business plans, and preparations for even the next stage. That, to me, is one of the best single signs for truly taking humanity into space. Even if it means starting with a tourist or three at a time. The entry of Virgin ties into things said here, here, and in several other posts here.

LW

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July 18, 2004

Return To The Moon

The Return to the Moon conference is taking place, and I do wish I was there. Next best thing, however, is that Michael Mealling is there and Rand Simburg is LiveBlogging the event. Rand’s posts really, really, make me wish I was there.

This conference was the first one I went to where real, and realistic, business plans were floated and it impressed me. Up until that time, most plans I heard focused on elements of technology and were heavily dependent upon a technological deus ex machina to work. For example, a certain piece of technology would allow extraction of ores and material from asteroids for use in space structures and back on Earth. This technology was proceeding apace but needed funding to reach fruition. If the money were made available, the technology could be fully developed and the good fairy what sits in the sky would wave its magic wand and all the developments and infrastructure to use it and make money off of it would magically appear fully mature and ready for use.

Mr. Gump (LunaCorp) and others actually presented plans that had realistic costs and schedules, amortizations, how they would return the investment, and how they would make a profit. In short, everything a real business plan should include and no good fairy.

The reports Rand has posted are well worth reading, and my thanks to him for this outstanding service. I do wish I was there instead of packing…

LW

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June 21, 2004

SpaceShipOne

Good launch, just saw what appeared to be a clean separation and start of climb. More soon.

MADE IT! Coming home.

Pilot reported a couple of loud bangs, chase planes checked it out, report all looks good.

What a beautiful landing! SpaceShipOne is down safely. Ladies and Gentlemen, the door has just been kicked open.

Quick Notes on Coverage: Fox flat out sucked. Most all the news channels did, and the anchors seemed fixated entirely on tourism. Quite a few were very dismissive of such, and it was clear that most anchors don't have a clue about space or spaceflight, or even aviation for that matter. Lots of work to do in that field, but that is a post for another day.

UPDATE: Go check out Rand's on-site coverage including yet another wonderful media moment he points out. Gee, glad we made it to the atmosphere...

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June 02, 2004

Space Ship One: The Date Is Set

Rand Simburg has the news here. Keep your fingers crossed, as this may be what kicks open the doors.

LW

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May 15, 2004

Congratulations To Scaled Composites

Saturday is a good news day here, and I can think of little better news to share than this important bit of space commercialization: SpaceShipOne completed another test flight, this one taking them up to 200,000 feet. Things are moving along with true space commercialization, and with competition for the X-Prize. My congratulations to the team at Scaled, and I hope to see them and others do much more in the months ahead.

LW

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April 29, 2004

Commercial Space Roundup

Courtesy of the surgery and such, I am way behind on this important issue. However, all is not lost as Rocket Forge and Transterrestrial Musings are on the case. More importantly, they got to attend the conference. What conference, you ask? Just one of the most important ones for true space exploration and exploitation. What, you still say? Get thee hence, I say, and go to those sites to read posts and find out just what it is I am talking about. Belated congratulations to the Scaled Composites team and to the team at XCOR as well.

LW

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March 26, 2004

Some More Thoughts On The Commission

I was extremely glad I could make it yesterday, and I was pleased with much that was said there. Here are some thoughts and such to share:

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March 25, 2004

Semi-Live Coverage Of The Space Commission

This is an experiment, so bear with me as I attempt to semi-live blog part of the afternoon session from The President’s Commission On Implementation of U.S. Space Exploration Policy. I had wanted to attend, then things came up where I could not, then things changed yet again and I am here. The getting here was interesting at times and tedious, but I will be here for what I consider some key presentations on space commercialization.

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March 09, 2004

Space Commercialization Profile: Michael Mealling

Over the coming months, I want to try to start introducing you to the people who are truly shaping the future of space exploration. These are not the astronauts or others at NASA, but the people working to make it a frontier for all of us, a profitable frontier that brings rewards down to Earth, and rewards those that go up from Earth.

Friday, on my way south, I stopped in Atlanta and had an excellent lunch with Michael Mealling, the host of Rocket Forge. Michael has been a champion of space commercialization for some time, has put his money where is mouth is, and will continue to do so.

He is an excellent host, and the eatery, Depalmas, he chose for the meeting was quite enjoyable. I liked everything, and was quite taken with the mushrooms stuffed with pesto and feta cheese. My thanks to him for a very enjoyable meal and time!

The lunch conversation was even better, as we discussed options, business models, business plans, financing options, and much more. Not too many years ago, this would have been a boring conversation, since I was much more interested in smoke, roar, and pushing the throttle forward. Over the years, however, I came to realize that it took a lot more to put something on the pad, a realization that Michael appears to have had for some time.

So, check out him and his blog, and keep an eye on him. He is one of the people who will help create our future in space.

LW

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February 04, 2004

Fantastic Space News

Some great news on several fronts, though I am amazed that NASA did it. Maybe someone upstairs at NASA really is paying attention, and reading Michaels' blog.

LW

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December 31, 2003

Another Outstanding Year In Space Post

Go check out this post at Transterrestrial Musings by Rand Simburg. If you are not reading him on a regular basis, and are interested in space, they you are missing it.

LW

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2003: The State Of Space

Originally, I was going to declare the state of space as dismal. One thing has happened to make me change my mind about that, however. There are any number of reasons to think that this has been a dismal year for space, and I will go through a few of them.

First, there is NASA and the loss of Columbia. The state of NASA might best be described as ludicrous, and I see little or no hope of this changing any time soon. NASA is no longer the “can do” agency, and has not been for some time. The decline began in the early 1970s, and became a freefall under Truly and a bungee jump without the rubber band under Goldin. This is not the time or place to go into the sad history of NASA, but to examine where and what it is right now.

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December 06, 2003

Bush Space Letter: More Information

If you liked the letter and agreed with it, feel free to print it out and mail it to the White House along with a note from you. The only restrictions are that you not alter my letter in any way or try to claim it as your own, it is copyrighted after all.

Yes, I did send it both as a fax and by snail mail. We will see what happens now. There may well be no announcement in the near future, but things are at work and now is indeed the time to get inputs into the process. Make your voice heard.

For those who have liked and enjoyed it, simply allow me to say, “No, thank you!” for your kind comments. For those who somehow thought I was calling for a massive new NASA effort, allow me to suggest a remedial course in reading comprehension. For everyone else, let me repeat: “…things are at work and now is indeed the time to get inputs into the process. Make your voice heard.”

-30-

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December 05, 2003

An Open Letter To The Honorable George W. Bush

The Honorable George W. Bush
1600 Pennsylvania Avenue NW
Washington, DC 20500

Mr. President,

I write you to celebrate a rumor, and to express my hope that this rumor is true. Reports from inside your administration indicate that you are preparing to make a major policy statement about space, and America’s future in space.

I can think of no better thing to do, and no better time to do it than on the anniversary of the Wright Brother’s first powered flight at Kitty Hawk. Just as those two brothers put their personal time, money, and effort into the task of taking us to the air, there are today several companies that are putting their time, effort, and money into taking us to the stars. These companies represent the future even as they build on a proud American tradition of pledging lives, fortunes, and sacred honor to the tasks at hand.

These companies do this for the betterment of this great nation: the expansion of our technological base; the advancement of knowledge; the enrichment of our economy; and, the excitation and inspiration of our students and a new generation of entrepreneurs. Many of them do it without accepting money from the government, just as the Wright’s did all those many years ago. The time for reward is when success is achieved, not before.

Within the next few months or years, these companies will begin to take all of us to the stars, by giving us low-cost, reliable access to Earth orbit. Where we go from there is then up to us. Some desire to go to the Moon, others to Mars, and yet others to the rich potential represented by the asteroid belt and various moons. If they get there is up to them, the amount of work they are willing to put into the project, and the money that they can raise to fund such prodigious efforts.

It is my hope, Mr. President, that you consider these companies, the efforts they have made, and the results they are achieving even now. It is my hope that you will look upon what they have done, what they are poised to do, and what they need to move forward. The sad fact is that they are doing on a shoestring what NASA has been unable and unwilling to do on far larger budgets. They are innovating, they are daring, they are the modern repository of the can-do spirit that was the hallmark of the early NASA, and that was lost to the agency many years ago.

What these companies do is risky. Technological innovation and advancement is fraught with peril, from test failure to financial ruin. No effort to advance mankind is without risk to life, limb, and reputation; yet, there are those always willing to accept such risks, and it is to them that you must speak in the days ahead.

Your speech will address the future. I urge you to use as the foundation for your effort not the declining edifice of government, but rather the solid base of commercial efforts undertaken by the same types of citizens as those who colonized this country and settled the West. Those who were not content with the status quo and a sinecure job, but who chose rather to build new lives and new fortunes by exploring and exploiting new frontiers.

NASA did indeed take us to the moon, and that effort must not be belittled. The technological and related advancements that enabled that still reverberate within our economy and our national consciousness to this day. We should be proud of what we dared, for in daring we achieved great things.

To that end, it is my sincere hope that you will truly dare great challenges once again. Rather than attempting to recapture the past, let America move forward and once again set a standard, a new standard, that will shine as a beacon to the world. Freedom and free enterprise have always been a major portion of the light in Columbia’s torch. On the ground, this great beacon is limited by the curvature of the Earth. So let us instead place that beacon into the sky so that it can shine over the Earth and all the planets of the solar system. Let that great light serve as a goal to those below, and serve as a beam that will take mankind to the stars. Let us ride the light of free enterprise to the stars.

The government does indeed have a crucial role to play in this endeavor. It must provide the structure and regulation that will encourage private launch companies and private space ventures. It must safeguard the rights of individuals and corporations to go forth and explore and exploit the opportunities that await in space and on non-terrestrial bodies. It can assist those private companies in the same way that the government enabled commercial aviation, by purchasing those services rather than competing with them or attempting to stifle them. The government can provide knowledge, laboratories, and other resources to help overcome scientific and technological problems that are more than a single company can handle. It can do this through existing structures and partnerships, and by this bring those things new life and new purpose.

Mr. President, let us not send NASA back to the Moon, or on to Mars. Instead, let us send the best and brightest that are America to these places and beyond. The solar system is too vast for one single organization; but, it is just right for a country founded in individual liberty and the right to pursue life, liberty, and the pursuit of happiness. Let loose the almost unlimited potential that is private, free enterprise. Reward those that succeed, and mourn not those that fail. Remove the barriers, refocus the government on its true and essential role in this process, and show the world what a free and willing people can accomplish. Set the challenge high, and place no limits on its achievement.

Just as few people of the day could have foreseen the myriad benefits that came from that one giant leap, few if any of us today can foresee the multitude of benefits that will come from setting a worthy challenge at this time. Make no mistake, however, but that such is needed. As the world is mired in a war with those that would bring down all, such is all the greater need for a goal that stretches the imagination and inspires to untold heights.

The country you lead, indeed all the world, now needs this more than ever before. Your people have come to expect you to do with a dogged determination the bold thing, the needed thing, and the right thing – no matter the cost. As you have set the example in other things, set the example now. Your people, the companies they form and invest in, and your Country deserve no less. Recreate not the past, but a new future that is the best of what America has to offer.

Sincerely,

C. Blake Powers
former Director of Outreach, NASA Space Product Development Program

-30-

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October 10, 2003

New Commercial Space Legislation

Rand Simburg has a very good post up about some new legislation that is much needed. The bill as it currently stands does have a problem or two, but that is to be expected. Anyone truly interested in real commercial space activities needs to read Rand's post, read the bill, and then start dropping some dimes to relevant Congresscritters.

LW

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September 22, 2003

A Great Space Round-Up

And I’m not just saying that because he is my Blogfather. Joe Katzman has put together a great round-up of the round-robin space posts that have been going on, and provided some thoughtful insight to go with it. I think we all need to take a look at it, and then start the next round.

LW

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September 18, 2003

Talking At Cross Terms

In recent discussions with Rand and others, both on and offline, there have been some difficulties, namely we appeared to be talking past one another. When this happens, there is usually a very simple reason for it, and that is the case here. We are using similar terminology for some issues, but with very different meanings. The fact is, this is true in a much larger sense and with a much broader audience, so it behooves us all to deal with what we truly mean when we talk about something.

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September 17, 2003

Making Government Count In Space Commercialization

There are several threads that have come out in the round robins going on between myself, Rocket Forge, and Transterrestrial Musings, that come together as one: the need to make government count. The fact is, the government is in space and is not going to get out of it, even if NASA is abolished. It is also a fact that we need to make our government work for space and space commercialization, not against it. Finally, we need to do things not from the viewpoint of space and technology, but from the viewpoint of the customer and – most of all – the investor.

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September 16, 2003

Space Commercialization: Loosing A Harmful Mindset

Recently, another blogger posted a comment in response to one of my posts, saying that it was obvious that I had been at NASA too long. Knowing that this person usually gives much more thought and is not subject to posting bigoted cheap shots, I sat back and thought a bit. Then, it occurred to me that we have volleyed things back and forth before, and that this was the perfect set-up to address two areas that have severely hurt space/commercial space enthusiasts.

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September 15, 2003

Commercial Space: Changing The Approach

On Rocket Forge, Michael Mealing has an outstanding article that picks up on my two most recent space business posts and takes the idea behind them to the next level. In it, he outlines four steps that need to be taken by those serious in space commercialization. “True Believers” will scream a bit, but that is the subject of tomorrow’s post. The rest of us will take this as a great starting point, and move even further.

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September 08, 2003

Near-Term, Incremental Space Business Development

While I have covered this before in a series of extended entries (go check out the space commercialization archive), it is time to address the topic in a single post. The fact is that there are many large, grandiose schemes for space businesses. I used two of the larger ones as examples in yesterday’s post: Helium Three and asteroid mining. These are indeed two promising and potentially huge business opportunities. They are also, for now, a sure way to die as a business.

As unpalatable as it may be, the world is not yet ready for serious discussion of such topics. Or, I should say, the financial community is not yet ready to look at anything with that as its major or only means of revenue pro