Quote from: TrevorMonty on 07/23/2024 04:35 pmQuote from: Tywin on 07/23/2024 01:08 pmLockheed gave a BIG launch contract to Firefly, and they are investors in ABL ... so it's not a good sign for the ABL company.Doesn't mean LM won't use ABL when they have operational LV.Yet to see small LV company fail because of lack of customers. VO, Astra, Vector have all gone bankrupt trying to get LV operational. VO had customers for LauncherOne just not money to see them through last failure. Has Astra filed for bankruptcy? They've gone private, but I'm not sure about bankruptcy. - Ed Kyle
Quote from: Tywin on 07/23/2024 01:08 pmLockheed gave a BIG launch contract to Firefly, and they are investors in ABL ... so it's not a good sign for the ABL company.Doesn't mean LM won't use ABL when they have operational LV.Yet to see small LV company fail because of lack of customers. VO, Astra, Vector have all gone bankrupt trying to get LV operational. VO had customers for LauncherOne just not money to see them through last failure.
Lockheed gave a BIG launch contract to Firefly, and they are investors in ABL ... so it's not a good sign for the ABL company.
Quote from: edkyle99 on 07/23/2024 04:51 pmQuote from: TrevorMonty on 07/23/2024 04:35 pmQuote from: Tywin on 07/23/2024 01:08 pmLockheed gave a BIG launch contract to Firefly, and they are investors in ABL ... so it's not a good sign for the ABL company.Doesn't mean LM won't use ABL when they have operational LV.Yet to see small LV company fail because of lack of customers. VO, Astra, Vector have all gone bankrupt trying to get LV operational. VO had customers for LauncherOne just not money to see them through last failure. Has Astra filed for bankruptcy? They've gone private, but I'm not sure about bankruptcy. - Ed KyleMay as well given value of shares before it went private.
ABL have nearly halved in size starting today (August 30).
The goal of the ARMR [Affordable Reusable Modular Rocket] portfolio is to radically change the current space access engine design paradigm. We seek to reduce the development time for a new engine by 70% and reduce the development cost by 50%. The program leverage efforts started under 3GRB as well as USET. Under the Aerospike Rocket Integration and Suborbital Experiment (ARISE) AFRL, working in Public Private Partnerships with Invocon and ABL Space Systems, will fly the first ever modular aerospike engine. Each company has their own launch vehicle and chosen approach to implementing the ARMR architecture. ABL’s vehicle has been designated X-63 while Invocon’s is designated X-64. Follow-on efforts will continue to refine and validate this engine architecture.
Isn't pivoting to feeding off the military hypersonic feeding trough just a late stage newspace symptom though?