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A Week of Constellations
Paxton Pettit
February 06, 2024
Frontier Focus Newsletter
Your Comprehensive Guide to the New Space Economy
G. Pettit here,
Welcome to the 9th edition of the Frontier Focus Newsletter, your top source for political, economic, and social developments in the New Space Economy and other emerging markets.
From breaking industry news and event announcements, to labor market reports and financial analysis, the glorious future has never been closer, nor a more entertaining read! Our mission is to collect and distill only the most newsworthy, exciting, and inspirational info for your weekly updates on the Second Space Age.
Join us on this journey into new frontiers.
This Week’s Next-Gen Newsflash
🚀 The ultra-expensive Mars Sample Return project by NASA is on the funding chopping block, but key stakeholders have submitted a letter to the White House urging extensions to the historic program.
🛰️ 20-year-old regulation shouldn’t guide the New Space Economy, states startups at the annual SpaceCom conference, including orbital refueling startup Orbit Fab and surveillance venture True Anomaly.
🗑️ Good news for space junk alarmists, SpaceX has entered a partnership with the US government to research how its debris avoidance software can keep Starlink satellite constellations safe.
State of the New Space Economy
Amazon billionaire Jeff Bezos’ Blue Origin has had a good 2023, and that momentum seems destined to continue growing into 2024. On top of winning billions in contracts, the company has revealed new space projects that are sure to be a boon for the thriving space economy.
Chief among these new projects is a multi-purpose satellite tug called Blue Ring, which Blue Origin believes will help revolutionize the way satellites are docked, refueled, and repositioned in Earth orbit, essentially creating an orbital truck stock.
The satellite constellation fever has gone international. In addition to notable commercial projects like SpaceX’s Starlink and Amazon’s Project Kuiper, international governments are hopping on the future of the internet too. And as usual, it’s all in the name of national security.
China’s Shanghai Spacecom Satellite Technology has raised $6.7 billion yuan ($943 million dollars) from various investment groups to build a national satellite constellation of 12,000 strong called G60. What’s one more to the pile?
While the precise launch date has yet to be confirmed, a mid-February launch of US-based Intuitive Machines’ lunar lander Odysseus is in final preparations, according to joint statements released by the company and NASA alike.
The mission, titled IM-1, carries the hopes of the lunar economy. With Astrobotic’s Peregrine lander suffering a fuel leak mere hours after launch, and Japan making a tense (albeit successful) landing on the lunar surface with only a single functioning engine on its national SLIM lander, the Moon has not been kind to landers lately. Intuitive Machines states it has learned from the lessons and transparency of other institutions, and is optimistic in the outcome.
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