Author Topic: Sierra Space  (Read 6470 times)

Offline FutureSpaceTourist

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Sierra Space
« on: 04/14/2021 11:22 am »
https://twitter.com/thesheetztweetz/status/1382289004855492608

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Sierra Nevada Corporation is creating Sierra Space, an independent commercial space company, with a portfolio that totals $3 billion in active contracts, reports @MorganLBrennan:

https://www.cnbc.com/2021/04/14/billionaire-owned-sierra-nevada-corp-creating-new-space-company-to-bet-on-a-low-earth-orbit-economy.html

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Billionaire-owned Sierra Nevada Corp. creating new space company to bet on a low-Earth orbit economy
PUBLISHED WED, APR 14 20217:00 AM EDT
Morgan Brennan
@MORGANLBRENNAN

KEY POINTS

Privately held Sierra Nevada Corporation (SNC) is creating Sierra Space, an independent commercial space company.

Sparks, Nevada-based Sierra is 100% owned by husband and wife team, Fatih and Eren Ozmen, Turkish immigrants-turned-billionaires.

“We envision a vibrant low-Earth orbit economy with fleets of Dream Chaser spaceplanes, a commercial space station, expandable LIFE habitats that can travel to the moon and Mars, and critical infrastructure like power generation, propulsion, and environmental systems,” according to an internal email with the announcement viewed by CNBC.
« Last Edit: 05/31/2022 05:40 pm by gongora »

Offline FutureSpaceTourist

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Re: Sierra Space commercial space company
« Reply #1 on: 04/14/2021 12:00 pm »
twitter.com/jeff_foust/status/1382296471580651521

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Sierra Nevada Corp. will spin off its Space Systems division into an independent company, Sierra Space, over the next several months. It projects current revenues of $400M/yr to grow by 10x in the next 5-10 years.

https://twitter.com/sciguyspace/status/1382302400824840194

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Part of Sierra Nevada may be preparing to go SPAC. Worth noting that the projected revenues are largely based on securing future NASA contracts for Dream Chaser and habitats. Certainly no guarantee of that.

Offline TrevorMonty

Re: Sierra Space commercial space company
« Reply #2 on: 04/14/2021 04:50 pm »
SPAC if SS  is one way to obtain large funding need for orbital projects while keeping SNC 100% privately owned.

SNC doesn't necessarily need to give up DC and habitat technolgy to SS. Maybe case of   SS contracting SNC to supply DCs and habitats.

« Last Edit: 04/14/2021 05:09 pm by TrevorMonty »

Offline TrevorMonty

Re: Sierra Space commercial space company
« Reply #3 on: 04/14/2021 04:54 pm »
From CNBC article

“We have this vision…we may get there sooner than later…if we leverage some of the capital markets. There is that excitement that one cannot ignore, whether SPACs, I mean valuations are top levels, investment is record levels,” added Fatih, who is CEO of SNC, during that same interview.

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Re: Sierra Space commercial space company
« Reply #4 on: 05/31/2022 04:51 pm »
Great alliance...

https://twitter.com/SierraSpaceCo/status/1531666964120317956

I hope they make an IPO soon...
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Offline Tomness

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Re: Sierra Space commercial space company
« Reply #5 on: 05/31/2022 05:41 pm »
Great alliance...

https://twitter.com/SierraSpaceCo/status/1531666964120317956

I hope they make an IPO soon...

This is great news for Spirit team in Wichita, hopefully becomes of something.

Offline TrevorMonty

Re: Sierra Space
« Reply #6 on: 05/31/2022 07:13 pm »
This explains Spirit for those of us who've never heard of them. Their revenue for 2021 was $4B, been hit hard by their involvement in 737 program.


Spirit AeroSystems is one of the world’s largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets. With expertise in aluminum and advanced composite manufacturing solutions, the company’s core products include fuselages, integrated wings and wing components, pylons, and nacelles. We are leveraging decades of design and manufacturing expertise to be the most innovative and reliable supplier of military aerostructures, and specialty high-temperature materials, enabling warfighters to execute complex, critical missions. Spirit also serves the aftermarket for commercial and business/regional jets. Headquartered in Wichita, Kansas, Spirit has facilities in the U.S., U.K., France, Malaysia and Morocco. More information is available at www.spiritaero.com.

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Offline Rondaz

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Re: Sierra Space
« Reply #7 on: 06/14/2022 08:44 pm »
Looks like we now know the company behind the astronaut training complex I wrote about last year..

https://twitter.com/baserunner0723/status/1536741436510674944

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Offline TrevorMonty

« Last Edit: 06/29/2022 05:44 pm by zubenelgenubi »

Offline docmordrid

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Re: Sierra Space
« Reply #10 on: 06/29/2022 07:50 pm »
https://spacenews.com/sierra-space-signs-agreement-with-turkish-space-agency/

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Sierra Space signs agreement with Turkish Space Agency

WASHINGTON — Sierra Space announced an agreement with the Turkish Space Agency and an affiliated company June 29 that could lead to cooperation on human spaceflight and lunar missions.

Sierra Space said it signed a memorandum of cooperation with the Turkish Space Agency and ESEN Sistem Entegrasyon, a Turkish company affiliated with Sierra Nevada Corporation, spanning a broad range of potential partnerships among the organizations that could include use of Sierra Space’s Dream Chaser spacecraft and inflatable modules it is developing for the Orbital Reef space station.
>
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Offline Asteroza

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Re: Sierra Space
« Reply #11 on: 06/29/2022 10:41 pm »
https://spacenews.com/sierra-space-signs-agreement-with-turkish-space-agency/

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Sierra Space signs agreement with Turkish Space Agency

WASHINGTON — Sierra Space announced an agreement with the Turkish Space Agency and an affiliated company June 29 that could lead to cooperation on human spaceflight and lunar missions.

Sierra Space said it signed a memorandum of cooperation with the Turkish Space Agency and ESEN Sistem Entegrasyon, a Turkish company affiliated with Sierra Nevada Corporation, spanning a broad range of potential partnerships among the organizations that could include use of Sierra Space’s Dream Chaser spacecraft and inflatable modules it is developing for the Orbital Reef space station.
>

Is Turkey (TSA) going to functionally try have a national space station via outsourcing to Orbital Reef, rather than doing something with ESA?

Offline docmordrid

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Re: Sierra Space
« Reply #12 on: 06/30/2022 12:49 am »
It's actually TUA, Türkiye Uzay Ajansı, and my pure guess is that they will rent space in modules and buy seats on Dream Chasers as needed. Minimizes their capital outlay.
« Last Edit: 06/30/2022 12:50 am by docmordrid »
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Offline Zabergan

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Re: Sierra Space
« Reply #13 on: 07/29/2022 08:28 pm »
It's actually TUA, Türkiye Uzay Ajansı, and my pure guess is that they will rent space in modules and buy seats on Dream Chasers as needed. Minimizes their capital outlay.
Doubt that this cooperation will result in anything other than to bring the first Turkish astronaut to space in some sort of a short patriotic mission.
I've been hearing about Turks ramping up their space game for about 20 years now and still they haven't achieved anything notable.
Not to mention that currently Turkiye's economy is in pretty bad shape.

Online yg1968

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Offline sdsds

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Re: Sierra Space
« Reply #15 on: 08/06/2022 05:33 am »
Ah! Once again there are predictions of a dreaded "gap."

Quote from: Tom Vice, CEO of Sierra Space
The future of the ISS and the risk of a gap for continued U.S. presence in LEO have garnered headlines for months.

We must not lose sight, however, of the biggest and most concerning risk to the United States’ leadership in the commercial orbital age: China.

[...] China is showing no sign of slowing down and, in fact, could outpace the rest of the world in space transportation and LEO infrastructure.

Quote from: The Washington Post
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