Commercial Space Companies Buy NASA | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Sun, Apr 01, 2012

Commercial Space Companies Buy NASA

Musk: "Commercial Space Will Be The Only Space"

ANN April 1st Special Edition

SpaceX founder Elon Musk (shown below, with friends, in Zero-G) announced April 1st that a consortium of commercial space companies have closed a deal with the federal government for the outright purchase of NASA.

The consortium is led by SpaceX and ULA, which both have operational boosters that are nearly ready to begin carrying humans into orbit. "The Obama administration was thrilled to be shed of the agency, which it saw as nothing more than a cost center," Musk said. "Between the ULA Atlas boosters which are very reliable, and with Falcon 9 nearly ready to begin operations, we just saw this as the right deal at the right time. In very short order, commercial space will be the only space."

Other consortium members include Virgin Galactic, which will become the suborbital research arm of the new CASA ... the Commercial Aeronautics and Space Association. Sierra Nevada Corp and XCOR will be combining their talents to produce the NextGen Space Shuttle to ferry astronauts back and forth between the ISS. "Relying on Russia to carry astronauts to ISS using 40-year-old Soyuz technology is just unacceptable," said Sierra Nevada Corp. CEO Faith Ozeman. "We know we can get people to ISS more efficiently, and since we now own the company, we know that we can accelerate the process of getting human-rated spacecraft flying in very short order. We expect to be flying to ISS in just a couple of years.

Terms of the deal were not disclosed, but it does include launch facilities at Kennedy Space Center, as well as mission control in Houston and numerous assembly and support facilities nationwide. An Obama administration official not authorized to talk to the media told ANN that the President had been looking for a way out of the space business, and jumped at the chance to turn it over to a private company. President Obama issued a statement saying that the sale fell directly in line with his goals of reducing both government spending and the deficit. "I have long been a proponent of the commercialization of space," Obama said in the statement. "We need to let private industry do what they do best; innovate."

Musk said that revenues from the spinoffs of space research will go a long way towards funding the operations of the new company. "NASA never really knew what it had with the spinoffs. Now, we can capitalize on those billions in revenue and make space affordable," he said.

Fearful of being shut out of the space industry, Boeing announced that it was purchasing the ESA to directly compete with the new venture. EADS Astrium said it was in talks with the Chinese government for the purchase of its space agency.

FMI: Mi CASA es Su CASA

Advertisement

More News

ANN's Daily Aero-Term (04.24.24): Runway Lead-in Light System

Runway Lead-in Light System Runway Lead-in Light System Consists of one or more series of flashing lights installed at or near ground level that provides positive visual guidance a>[...]

ANN's Daily Aero-Linx (04.24.24)

Aero Linx: Aviation Without Borders Aviation Without Borders uses its aviation expertise, contacts and partnerships to enable support for children and their families – at hom>[...]

Aero-FAQ: Dave Juwel's Aviation Marketing Stories -- ITBOA BNITBOB

Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]

Classic Aero-TV: Best Seat in The House -- 'Inside' The AeroShell Aerobatic Team

From 2010 (YouTube Version): Yeah.... This IS A Really Cool Job When ANN's Nathan Cremisino took over the lead of our Aero-TV teams, he knew he was in for some extra work and a lot>[...]

Airborne Affordable Flyers 04.18.24: CarbonCub UL, Fisher, Affordable Flyer Expo

Also: Junkers A50 Heritage, Montaer Grows, Dynon-Advance Flight Systems, Vans' Latest Officially, the Carbon Cub UL and Rotax 916 iS is now in its 'market survey development phase'>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC