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Posts Tagged: "SpaceX"

House Subcommittees Hold Hearing on Space Situational Awareness and Space Traffic Management

A joint hearing of the House Subcommittee on Strategic Forces and the House Subcommittee on Space was recently convened to discuss the responsibilities of various U.S. government agencies on space situational awareness (SSA) and space traffic management (STM) efforts. The hearing occurred just days after the administration of President Donald J. Trump issued Space Policy Directive-3 (SPD-3) to set a new national space policy to address issues related to both SSA and STM including tracking the existence of space debris, encourage commercial activities in space and improve the national security of the United States in a world where foreign powers are increasing their presence in space.

When Will Wall Street Wake Up to Elon Musk’s Broken Promises?

Reports about Musk’s talks with Cortica comes one day after Goldman Sachs analyst David Tamberrino affirmed his sell rating for Tesla stock on his expectation that Tesla stock would drop by 30 percent over the next six months because of production issues… On the same day that Goldman Sachs reaffirmed its sell rating on Tesla stock, Musk posted a video to Instagram, which is emblematic of the CEO’s Alfred E. Neuman-esque style of response to any perceived corporate turbulence. The video shows Musk in a bar in Jerusalem pouring flaming absinthe. Musk’s Instagram declaration that “Everything’s better with fire …” smacks of the same “What, me worry?” attitude that has allowed him to navigate uncertainty in meeting production goals without eroding shareholder confidence.

Following the money trail from Mapbox to the Kushners and Trump Administration

There are clearly many thousands of companies both large and small with far greater experience and in a far better position to advise Congress on the issue of patent reform. So why Mapbox? As is so frequently the case whenever business and politics intersect, follow the money! We have done just that and we’ve found that a no-name, no-experience company like Mapbox, without any patent applications and no patent litigation experience became thrust into the public debate over patents because all the money people behind Mapbox are card carrying members of the anti-patent efficient infringer lobby.

SpaceX Falcon 9 failure is a setback to the private space industry

SpaceX and NASA suffered a serious setback when the unmanned SpaceX Falcon 9 craft exploded, rendering its mission to deliver supplies and hardware to ISS a complete failure. Excessive pressure building up in a liquid oxygen tank of one of the craft’s upper stages caused the space launcher to break up shortly after leaving Cape Canaveral, FL. Air Force safety officers gave the command for the SpaceX Falcon 9 to self-destruct, largely so that fuel reserves could be burnt off and not dropped into the ocean.