Sierra Nevada Corporation is creating Sierra Space, an independent commercial space company, with a portfolio that totals $3 billion in active contracts, reports @MorganLBrennan:
Billionaire-owned Sierra Nevada Corp. creating new space company to bet on a low-Earth orbit economyPUBLISHED WED, APR 14 20217:00 AM EDTMorgan Brennan@MORGANLBRENNANKEY POINTSPrivately 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.
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.
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.
Great alliance...https://twitter.com/SierraSpaceCo/status/1531666964120317956I hope they make an IPO soon...
Wow...https://spacenews.com/sierra-space-signs-agreement-with-turkish-space-agency/
Sierra Space signs agreement with Turkish Space AgencyWASHINGTON — 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.>
https://spacenews.com/sierra-space-signs-agreement-with-turkish-space-agency/QuoteSierra Space signs agreement with Turkish Space AgencyWASHINGTON — 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.>
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.
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.
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Quote from: docmordrid on 06/30/2022 12:49 amIt'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.
Sierra Space has signed a Cooperative Research & Development Agreement (CRADA) with @US_TRANSCOM to work together to develop solutions using Sierra Space’s Dream Chaser spaceplanes, Shooting Star cargo modules, and on-orbit infrastructure.https://twitter.com/SierraSpaceCo/status/1567875538412343296
Sponsored PostThe next and most profound industrial revolution in human history is underway in Low Earth Orbitby Tom Vice - Sierra Space CEO — November 21, 2022Riding on the shoulders of the Apollo generation, the Artemis missions will pave the way for humans to return to the moon, begin human exploration of Mars, and someday for humanity to reach the edges of our solar system and beyond.
Apr 12, 2023Today, we celebrate International Day of Human Spaceflight and humankind’s remarkable progress towards the future of space. Since the space shuttle program ended, we have come a long way in science and technology. We look forward to being a part of humanity's next giant leap.
Scoop – Sierra Space is raising near $300 million at about a $5 billion valuation from a consortium of Japanese investors, per CNBC sources, as the company pushes to get its Dream Chaser spaceplane flying:
https://twitter.com/thesheetztweetz/status/1706383170583581149QuoteScoop – Sierra Space is raising near $300 million at about a $5 billion valuation from a consortium of Japanese investors, per CNBC sources, as the company pushes to get its Dream Chaser spaceplane flying:https://www.cnbc.com/2023/09/25/sierra-space-fundraising-nearly-300-million-at-5-billion-valuation.html
Sep 27, 2023Sierra Space is a leading, pureplay commercial space company at the forefront of innovation and the commercialization of space in the Orbital Age™, building an end-to-end business and technology platform in space to benefit life on Earth. With more than 30 years and 500 missions of space flight heritage, the company is enabling the future of space transportation with Dream Chaser®, the world’s only commercial spaceplane, and is bringing LIFE™ (Large Integrated Flexible Environment) to Low Earth Orbit with its modular, three-story commercial habitation and science platform. Sierra Space also builds and delivers a host of systems and subsystems across solar power, mechanics and motion control, environmental control, life support, propulsion and thermal control, offering myriad space-as-a-service solutions for the new space economy.
A rumor heard chatting with people at the #ascendspace conference today: the head of Sierra Space's commercial space station work, Neeraj Gupta, has left to go work for a competitor, Voyager Space. It comes amid questions about the future of the Orbital Reef station.
Scoop – Sierra Space, the private company valued at over $5 billion, laid off hundreds of employees and contractors after shipping its first Dream Chaser spaceplane “Tenacity” for pre-launch testing this week:
Sierra Space lays off hundreds in push toward first Dream Chaser spaceplane launchPUBLISHED THU, NOV 16 20236:29 PM ESTMichael Sheetz@IN/MICHAELJSHEETZ@THESHEETZTWEETZKEY POINTSSierra Space, one of the sector’s most valuable private companies, laid off several hundred employees and contractors this week, CNBC has learned.A spokesperson confirmed Sierra Space let go of about 165 employees on Thursday, but declined to specify the number of contractors affected.Sierra Space’s realignment also includes adding nearly 150 employees with security clearances from Sierra Nevada Corp. to work on several classified contracts.
BIG NEWS!!!!!!!!! Sierra prepare for go PUBLIC!!!Subscription Paywalled:https://www.bloomberg.com/news/articles/2024-02-01/sierra-space-hastens-ipo-groundwork-ahead-of-spaceplane-debutMod edit updated URL to updated permalink.
CNBCOvertime@CNBCOvertimeFor this week's #ManifestSpace @MorganLBrennan sat down with @SierraSpaceCo CEO Tom Vice to discuss the company's potential IPO and the key sectors it expects to disrupt here on Earth
At Sierra Space, AI is strategically segmented into three key domains to optimize its impact on our space operations. The first domain includes commercial solutions, which offer a range of AI tools designed to be deployed rapidly, which offer support functionality to team members and streamline administrative tasks while not requiring extensive training.The second domain focuses on custom solutions that derive insights from Sierra Space’s unique datasets, employing AI to leverage historical data for strategic foresight and informed human decision-making. These intelligent algorithms significantly reduce time and cost, outpacing traditional methods for engineering design optimization and efficiency.Lastly, the most advanced domain where AI comes to the forefront is with autonomous systems like those in the Dream Chaser spaceplane, granting spacecraft the ability to autonomously navigate to and dock with the International Space Station, while dynamically adapting to changing conditions in space. This adaptability extends to monitoring and tracking through real-time data analysis.
Sierra Space, a leading commercial space company and defense-tech prime that is Building a Platform in Space to Benefit Life on Earth® and protect economic freedom in the Orbital Age®, announced today the successful completion of Preliminary Design Review (PDR) for the missile warning and tracking satellites the company is developing for the Space Development Agency (SDA) under a prime contract valued at $740 million.The satellites are part of the SDA’s Proliferated Warfighter Space Architecture, specifically the Tranche 2 Tracking Layer, which is a segment of the Defense Department’s Low Earth Orbit constellation.“In response to the evolving threat environment, we are retooling our commercial capacity to focus on revitalizing the U.S. defense industrial base through innovative satellite and spacecraft systems technology,” said Tom Vice, CEO of Sierra Space. “Our company is focused on innovation at speed to support an entirely new era in National Security Space – at Sierra Space we care deeply for this planet and have the responsibility to protect it.”SDA awarded the contract to Sierra Space through an Other Transaction Authority (OTA) in January 2024 for the design, production, delivery, operations and sustainment of 16 missile warning and tracking satellites, as well as two (2) satellites for missile defense with fire control fidelity. Additionally, the agreement includes two operational ground segments.Sierra Space’s solution aims to enhance the capability to provide global, persistent indications, detection, warning, and tracking of conventional and advanced missile threats, including hypersonic missile systems. The company’s solution also offers preliminary missile defense capability by incorporating fire control quality sensors into the constellation. These sensors will generate fire control quality tracks that enable missile defense kill chains, a critical defense capability, to the warfighter.Since 2023, Sierra Space has secured $1.5 billion in national security and defense contracts for the production of 30 satellites, including the SDA’s Tranche 2 Tracking Layer deliverables. In addition, Sierra Space continues to make strides in its spacecraft systems business, boasting more than 20 active contracts for solar arrays and other components.Sierra Space will develop, integrate, and test its space vehicles at its satellite production facilities in Colorado.
I got a tip that Sierra Space CEO Tom Vice was fired this morning. I asked the company, and they say he retired, effective Dec. 31.
Tom Vice retired as of Dec. 31st. Here's a statement for you:After three and half years in the role, Tom Vice has retired as Sierra Space CEO as of the end of 2024 - we thank him for his leadership and wish him well in his retirement.Sierra Space has experienced substantial growth and success through several key defining points throughout its history, becoming a leader in the space industry with significant investments made since its inception.This year will be another defining point for us following the establishment of Sierra Space as a standalone company three and a half years ago and the additional major technology investments made for growth since then after a record capital raise.To ensure a smooth leadership transition while we identify a new CEO, Chairman of the Sierra Space Board of Directors, Fatih Ozmen will serve as interim CEO alongside Eren Omen as President.
<snip>QuoteI got a tip that Sierra Space CEO Tom Vice was fired this morning. I asked the company, and they say he retired, effective Dec. 31.<snip>
Sierra Space, a leading commercial space company and defense-tech prime that is Building a Platform in Space to Benefit Life on Earth® and protect economic freedom in the Orbital Age®, announced today a key development milestone for the company’s Resilient GPS (R-GPS) program, marked by the successful completion of Systems Requirements Review (SRR). The SRR completion comes after the program’s kickoff in September and is a notable moment for Sierra Space’s national security program, with the ultimate goal of benefiting civilians and military operations through the protection of U.S. satellites.GPS technology relies on satellite infrastructure and supports everything from ride-share and food delivery apps for civilians to critical navigation for military and defense operations. The increasing sophistication of adversarial threats, however, such as jamming and spoofing, necessitates advancements in GPS resilience. The U.S. Space Force’s (USSF) R-GPS program plans to address these challenges by integrating proliferated small satellites into the existing GPS architecture. Sierra Space’s expertise in small satellite technology and rapid deployment provides a competitive edge in achieving this goal.“The successful Systems Requirements Review of our R-GPS program is a proof point for Sierra Space technology and a notable commercial milestone with our DoD customers,” said Erik Daehler, Vice President of Defense, Satellites & Spacecraft Systems at Sierra Space. “We are focused on efficiency and speed of development to outpace adversaries. The quick turnaround of two months from R-GPS program launch to this next step of development is exactly the speed at which commercial space companies should be moving. We look forward to the next phase of our R-GPS program and getting our satellite technology into orbit.”
Optical and infrared sensor supplier Geost has filed a $17.1 million breach of contract lawsuit against Sierra Space, alleging the company reneged on an agreement to use Geost’s sensor payloads for missile-tracking satellites under a U.S. Space Force program.Geost, a subsidiary of LightRidge Solutions based in Arizona, filed the complaint on Jan. 4 in the U.S. District Court in Denver. The lawsuit accuses Sierra Space of engaging in subcontracting negotiations and encouraging Geost to pre-purchase materials, only to later abandon the deal in favor of a competing supplier, Leidos, after securing a $740 million contract from the Space Force’s Space Development Agency (SDA).
We successfully completed the test campaign for our VR35K-A upper stage engine, securing a $16M follow-on contract with the @AFResearchLab. This new engine, featuring our patented VORTEX® technology, delivers 35,000 lbs. of thrust with unprecedented efficiency and reliability. Press Release: https://www.sierraspace.com/press-releases/vortex-35000-lbf-engine-test-campaign/
Sierra Space@SierraSpaceCoSierra Space is teaming up with Honda and Tec-Masters to advance energy solutions in space. As the mission manager, Sierra Space will oversee the groundbreaking collaboration to test Honda’s high-differential pressure water electrolysis system aboard the International Space Station (ISS). This project is a significant step toward enabling sustainable human life on the lunar surface and advancing clean energy solutions for both space and Earth. Honda’s regenerative fuel cell system will continuously produce oxygen, hydrogen, and electricity, supporting human life on the Moon. Sierra Space will manage the mission, working with CASIS and NASA to transport materials aboard our Dream Chaser® spaceplane.
Regenerative fuel cells don’t really outperform lithium batteries for the most part. Not for daily cycling, at least.
Quote from: Robotbeat on 04/11/2025 03:13 amRegenerative fuel cells don’t really outperform lithium batteries for the most part. Not for daily cycling, at least.What do you mean by perform here? Cause it would seem to me there are a lot of metrics to judge by.
Quote from: JEF_300 on 04/27/2025 05:40 amQuote from: Robotbeat on 04/11/2025 03:13 amRegenerative fuel cells don’t really outperform lithium batteries for the most part. Not for daily cycling, at least.What do you mean by perform here? Cause it would seem to me there are a lot of metrics to judge by.total system mass for earth or mars.For the moon, it can potentially go the other way, but it’s still close.
We have had another successful demonstration of our Resilient GPS (R-GPS) technology for the U.S. Space Force (USSF). In this third milestone, our team demonstrated an early integration of the R-GPS satellite technology through FlatSat flight software and hardware subsystem testing, in addition to successful communication with ground software. Press Release: https://sierraspace.com/press-releases/sierra-space-marks-third-testing-milestone-with-space-force-r-gps-satellite-program
