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#42
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High Launch Costs - Result of Physics?
Jonathan Goff wrote: Dick, My newsreader automatically tosses stuff from AOLers (not a bad troll-filter eh?), but I'll respond to both your comments and Ordover's in the same message. Dick Morris wrote: John Ordover wrote: I am exactly the kind of person you have to convince if you want investors who would just as soon invest in cheese as space. You have to show the short-term profit return. No, actually you're not. First off, are you a qualified investor? Do you have assets over $1M? Second off, of the pool of qualified investors, there is a subpool of people interested in space. You obviously don't fit into that pool, as you think that doing anything economic in space is impossible. It wouldn't matter if I had a contract signed in hand for $100M, you wouldn't believe me. Other investors in the subgroup I'd be looking at are more open minded. I still will have to show short-term profit return to them, but it is actually not that tough to come up with space applications with short term profitability. Unlike what you think. So, no people like you don't matter too much when it comes to getting investment capital. You throw out terms like "infrastructure will be developed" that seem to assume that infrastruture will appear from nowhere, at no cost, by magic. The reality is that the infrastructure you describe is wildly expensive, and no one wants to pay to put it in place. Actually, the infrastructure I'm envisioning is developed in stage, with each (or almost every) step being a self-sustaining short-term return stage. It does cost money, and it does take time, but it isn't impossible, doesn't require magic, and doesn't have to be wildly expensive. I'm hoping that other profit seeking ventures will beat me to those punches, as I find some of the intermediate steps to be outside my primary areas of interest, but if nobody else has succeeded by the time I'm ready to entery the market, then I'll go after them myself. Space can actually be rather profitable actually. I don't believe that there is a short-term profit potential in space that would justify any substantial private sector investment. It will require billions of dollars to develop an RLV large enough to handle existing markets, and with low enough recurring costs to develop new markets. This is where I disagree. Sure, a large RLV that can meet everyones' needs may take billions of dollars to develop, but you are leaving out several other possibilities, and especially several other steps between here and there that can be taken. First off, payloads don't have to be as big as they currently are. If you develop some simple on-orbit infrastructure (maybe not much more complicated than a SpaceHab module with some solar panels, a docking port, some radiators, some commo equipment, some station-keeping system, and an assembly truss. No need to be horribly expensive, most of those are almost OTS components. Then, you launch the satellites on smaller RLVs in two-three pieces. Or launch them on lower cost ELVs (or semi-RLVs like the SpaceX Falcon). Instead of having folding solar arrays, launch them rigid on separate launches, and have it put together on orbit. I didn't necessarily mean large enough to handle ALL existing payloads, just the majority, like communications satellites and scientific spacecraft. A new vehicle has got to be targeted to some established markets to support early operations if it's going to have much of a chance of developing new markets. It's going to be hard enough without trying to build everything up from scratch. A TSTO VTOL RLV big enough to do that will require at least several billion, IMHSWAG. I agree with the "simple on-orbit infrastructure" idea, though maybe not for the same reason. We need to have a safe haven in orbit for all the orbits that manned spacecraft would normally use. If a problem develops with your return vehicle, you can stay there for months if need be until the problem is resolved or a rescue can be mounted. Any spare payload capacity can be used to carry spares and consumables to the safe haven. So, yes if you redesign the shuttle, it is going to be expensive, but if you design a more rational RLV, and combine it with a simple staging base, you can get it done for far less than billions of dollars. In fact, some of the early work could be done without the need for orbital infrastructure at all (ala Dave Salt). Yes. An RLV able to launch comsats (one at a time) would be much smaller than the Shuttle, especially if it were a relatively simple, VTOL design. The only potential market large enough to make that kind of investment pay off is LEO tourism, and with exactly 2 customers through the gate so far I don't blame anyone for being sceptical about the size of the potential market. I personally own several thousand shares of Boeing stock, but I have not invested a single red cent in any start-up launch vehicle or X-Prize company, and don't intend to. Well, that's your bias. If I was working for Boeing I wouldn't likely be able to see anything but my company's way of doing things as working either. You might be right, but I don't think you are, and I have good reason to disagree. You might be surprised at some of the things I have said to some of our Space Division folks. It just drives me ballistic when I hear somebody say we should keep the Shuttle flying another 30 years. I've threatened to file a stockholder resolution, if it would do any good. As for space tourism, that 2 is likely to expand a lot over the next year. And if costs can go down, the number of interested people will go up. I've been looking at a near term system that could put people up into orbit for around $5M/person. The costs would likely go down even further over time. Development costs would be under $100M, likely in the ballpark of $20-50M (excluding test flights). So, I'm not quite as skeptical as you are. We'll just see who was more accurate in their assesment. You definitely have history on your side. Actually I'm an optimist as far as space tourism is concerned. If I were Bill Gates I would be selling tickets right now, and making tons of money. I think the government is going to have to take the first step by developing a true RLV, and by making it as simple and reliable as possible to keep support costs to a minimum. After that, I think you will be shocked at how quickly things develop. Unfortunately, I see little evidence that NASA is interested in doing any such thing in the forseeable future. Which is exactly the problem. I don't think the government is going to do it, so that just leaves it up to us to use our creativity and find another way of doing it. I think it'll be tough but doable. People with enough sense to make a lot of money are not likely to invest in something that is tough just because some of us say it's do-able. Those are not the words they want to hear. We're basically stuck between the devil and the deep blue sea. ~Jon |
#43
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High Launch Costs - Result of Physics?
John Ordover wrote: I don't believe that there is a short-term profit potential in space that would justify any substantial private sector investment. It will require billions of dollars to develop an RLV large enough to handle existing markets, and with low enough recurring costs to develop new markets. The only potential market large enough to make that kind of investment pay off is LEO tourism, and with exactly 2 customers through the gate so far I don't blame anyone for being sceptical about the size of the potential market. I personally own several thousand shares of Boeing stock, but I have not invested a single red cent in any start-up launch vehicle or X-Prize company, and don't intend to. Thank you - I agree, of course. However, I own 100 of Space Development, because it cost me only 50 bucks so what the heck. I think that's 100 more shares in a space-oriented company than most of the "there's gold in them thar space" people chiming in here have. I think the government is going to have to take the first step by developing a true RLV, and by making it as simple and reliable as possible to keep support costs to a minimum. After that, I think you will be shocked at how quickly things develop. Unfortunately, I see little evidence that NASA is interested in doing any such thing in the forseeable future. NASA, for the last 30+ years, has been fixated on pushing the technology envelope and on doing things the hard way in order to "justify" a lot of technology development to make more work for their research centers. That approach virtually guarantees high costs and low reliability. In the case of NASP and X-33, it guaranteed outright failure. See, this is where we differ. IMHO, NASA is, and pretty much always has been, an R&D outfit. They come up with stuff, then let the private sector jump in where and when it's intersted, which the private sector has done repeatedly with tech either developed by NASA or that NASA has shown the utility of. They R&D's moon landing and return technology, proved the concept, then moved on to other things, as they should. Private industry saw no point in going to the Moon, picked up the ancillary tech where it could, and moved on to other things. If Boeing or GE or Microsoft saw a profit potential in going ot the Moon, the tech has been proven. They just don't see any such potential. NASA has been an R&D organization since their origins as the NACA. It's a valuable function and should continue. It's the "tail wagging the dog" aspect that needs to end. Back in the 60's, NASA had a clear goal and a time limit. They had to use proven technology wherever possible in order accomplish the mission on time. They succeeded brilliantly. Since then, the technology development folks have been in the drivers seat, and it simply has not worked. Where you are going wrong, IMHO, is in assuming that it will require technology breakthroughs to develop a reliable, fully-reusable launch vehicle. You seem to think that the Shuttle has done the best that can possibly be done with existing technology, which is an incorrect assumption. The politicians and bureaucrats FUBAR'd the Shuttle design right from the start and it never had any chance of reducing costs. You appear to lack the engineering experience to understand how much better we could have done even at the state of the art in 1970. A 2-stage, VTOL RLV has been within the state-of-the-art for 30 years, but NASA is uninterested in such an unglamorous approach. Instead, we got stuck with a complex, partly-expendable design like the Shuttle, and to replace it NASA chose aerodynamically complex horizontal landing SSTO designs, which are beyond the state-of-the-art even now. I'm not basing anything on the shuttle, really. I'm basing my point on the zero-profit-potential of the Moon or anything in LEO beyond comsats. What would we be going up and down to do? How would private industry make a buck at it? I'm insisting that the price has to come down by huge orders of magnitude that require a massive breakthrough because the profit potential is so low. I'd say we need an order-of-magnitude vs. the Shuttle for starters. Another order-of-magnitude is possible as the traffic builds up. The bottom line is that we don't have low cost space transportation now because most of the politicians and bureaucrats have never been able to find their a******* with both hands in order pull their heads out of same. God only knows when this situation will change substantially for the better, so, in the meantime, I would recommend you put your money into cheese futures. I think the area we differ on is how low the "low cost" has to be. I'd say that for regular access to space, the cost would have to come down to the cost of owning and operating a mid-sized private yacht, and for that, you would need a tech breakthrough. If you mean that a ticket to space needs to be about the same as the cost of a mid-sized yacht, then I would not argue. I personally would pay $50,000 tommorrow if someone were selling tickets. I would pay more if it got down to a "now or never" situation. The part about needing a technology breakthrough, however, is an opinion, not a fact, and I still don't have a clear picture of what you're basing it on. You say it isn't the Shuttle, but I don't know what else it could be. |
#44
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High Launch Costs - Result of Physics?
On Thu, 3 Jul 2003 22:10:31 GMT, in a place far, far away, Dick Morris
made the phosphor on my monitor glow in such a way as to indicate that: The part about needing a technology breakthrough, however, is an opinion, not a fact, and I still don't have a clear picture of what you're basing it on. You say it isn't the Shuttle, but I don't know what else it could be. Let me guess, based on his many other similar posts--it's based on rank ignorance. -- simberg.interglobal.org * 310 372-7963 (CA) 307 739-1296 (Jackson Hole) interglobal space lines * 307 733-1715 (Fax) http://www.interglobal.org "Extraordinary launch vehicles require extraordinary markets..." Swap the first . and @ and throw out the ".trash" to email me. Here's my email address for autospammers: |
#45
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High Launch Costs - Result of Physics?
"John Ordover" wrote in message om... (Alan Anderson) wrote in message ... (John Ordover) wrote: ...I've been waiting for Moon exploitation on some kind of grand scale since it was first suggested in 1969. Since then, we've done -nothing- to move that forward, and aren't doing so now. Do you know what Clementine did? Name one product of which we are short of on Earth that can be more cheaply made on the Moon, and sold at a great profit. Here are two I can think of without even trying: Whole-hemisphere views of Earth with the unaided eye. Which will grow dull, like everything else, in a day or so. How long can you stare at the Grand Canyon? I've spent 9 days of my life in the Grand Canyon proper, another 15 in Havasu and have barely touched it. I could spend twice that and still go away unsatifisied. In any case, I'll add another. What does the Moon offer, why the Moon itself. Your question is like asking "what does the Grand Canyon offer?" Yet a number of companies seem to make a profit off of it, despite it being an incredibly hostile place. Low gravity (bringing with it the possibility of Daedelus-style flight, among other things). You can do that now, here on Earth, in a hang glider or ultralight aircraft, unless you think that flapping your arms is somehow a draw. I do. I'm amazed at how willing you are to speak for others. |
#46
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High Launch Costs - Result of Physics?
On Fri, 04 Jul 2003 02:37:48 GMT, in a place far, far away, "Greg D.
Moore \(Strider\)" made the phosphor on my monitor glow in such a way as to indicate that: Low gravity (bringing with it the possibility of Daedelus-style flight, among other things). You can do that now, here on Earth, in a hang glider or ultralight aircraft, unless you think that flapping your arms is somehow a draw. I do. I'm amazed at how willing you are to speak for others. Didn't you know? Mr. Ordover is omniscient. No one understands markets better than him. Who are you to question him? -- simberg.interglobal.org * 310 372-7963 (CA) 307 739-1296 (Jackson Hole) interglobal space lines * 307 733-1715 (Fax) http://www.interglobal.org "Extraordinary launch vehicles require extraordinary markets..." Swap the first . and @ and throw out the ".trash" to email me. Here's my email address for autospammers: |
#47
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High Launch Costs - Result of Physics?
"Rand Simberg" wrote in message ... On Fri, 04 Jul 2003 02:37:48 GMT, in a place far, far away, "Greg D. Moore \(Strider\)" made the phosphor on my monitor glow in such a way as to indicate that: Low gravity (bringing with it the possibility of Daedelus-style flight, among other things). You can do that now, here on Earth, in a hang glider or ultralight aircraft, unless you think that flapping your arms is somehow a draw. I do. I'm amazed at how willing you are to speak for others. Didn't you know? Mr. Ordover is omniscient. No one understands markets better than him. Who are you to question him? Oh I know. I'm still just amazed. -- simberg.interglobal.org * 310 372-7963 (CA) 307 739-1296 (Jackson Hole) interglobal space lines * 307 733-1715 (Fax) http://www.interglobal.org "Extraordinary launch vehicles require extraordinary markets..." Swap the first . and @ and throw out the ".trash" to email me. Here's my email address for autospammers: |
#48
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High Launch Costs - Result of Physics?
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#49
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High Launch Costs - Result of Physics?
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#50
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High Launch Costs - Result of Physics?
(Allen Thomson) wrote in message . com...
(John Ordover) wrote I'd say that for regular access to space, the cost would have to come down to the cost of owning and operating a mid- sized private yacht, What is that? A few million up front and a few hundred kilobucks a year (guessing)? That's about right. It varies, of course, just like the price of a luxury car can vary. |
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