Dec 23, 2015 09:59 PM EST
December 21, 2015, was a historic day for SpaceX, the company started by Elon Musk. Their Falcon 9 rocket was able to successfully land for the first time after their last attempt failed six months ago.
The Falcon 9 rocket went to space, successfully deployed a payload of 11 satellites into low Earth orbit, and then was able to land vertically on the designated landing pad. The New York Times reported that Musk, who was at the launch site in Florida that evening, described the scene, "It really felt like it was right on top of us."
The landing was an impressive feat for the company. After the Falcon 9 was able to reach orbit and deploy the satellites, the engines from the booster stage reignited to push it back into Earth's gravity and direct it to Cape Canaveral. Only ten minutes after its departure from the surface of the earth, it was able to land, intact, six miles south from its origin as the team planned.
This year, the company had tried twice to land and retrieve rockets. Each time, the rockets were able to complete their space missions and come back to Earth, but they were unable to control their descent well enough to touch down on the floating landing platforms in the Atlantic.
These failures prompted the SpaceX team to update the designs for the Falcon 9 rocket, chilling the liquid oxygen 40 degrees colder than before and the kerosene fuel 50 degrees cooler. Musk explained in a tweet that the decrease in temperatures would help the performance of the engines.
The major goal of SpaceX is to retrieve the rocket boosters used for their rockets after it launches.
As CNET noted, "the rocket boosters for most space launches have fallen into the ocean, never to be used again."
The success of this launch brings the promise of reusable rockets closer to reality and, therefore, the possibility of cost-effective space travel.
The Verge reported that the cost of creating a rocket would cost $16 million and $200,000 to fuel so if SpaceX were able to consistently re-use their rockets it would remove the necessary $16 million fee each time a space mission was required.
Despite the promises of an improved space industry, Musk has said that it would take the company some years to figure out the process, especially since this is only the first successful landing the company has had.
For those dreaming of the opportunity to fly to the moon on a private space shuttle, they will have to wait a little longer.
By examining key aspects such as security measures, customer service, user experience, transaction convenience, and potential for innovation, we strive to offer an in-depth perspective on this reputable trading platform.
And the world of NFTs expands far beyond art and collectibles. A new era of tokenized digital assets is being created using the blockchain. Here are seven unique NFT use cases that the interested investor should know.
However, there are some simple steps that anyone can take which will help to improve their performance when it comes to trading foreign exchange markets. Here are ten small things that can make a big difference in your FX trading success.
o prevent significant losses, risk management expertise is essential. His adage, "Rule No. 1: Never lose money," has become a stock market classic. Never forget Rule No. 1; this is Rule No. 2. This practice is followed by even the most successful investor, Warren Buffett, who advises others to follow suit.
One of the significant advancements is shifting the payment operations for remote workers. If the compliances are not met, it may lead to severe legal complications. The owner and organization may be held labially separately. The remote working lifestyle continuously grows and is a testament to becoming an endless working mode. Today we discuss components for payroll for remote workers
BRG International Founder Matias Alem had recognized this fact for a few years. So he remodeled his real estate brokerage into something completely new to solve the problem for his jet-setting international client base.
Ryan Early, hailed as 'Farmer Ryan' among sustainable agriculture experts, is a busy man. He has a laundry list of companies to his name, including Blue-Green Ventures, the company behind the revolutionary product, Blue MagicTM, a non-toxic and eco-sustainable pest preventative product using his patented BiomeMax TM Pheromonal Replication Technology.
Investor, financier, and expert in both cryptocurrencies and blockchain technology, Joy Mbanugo is the go-to in the sector. She has vast experience and knowledge across tax services, auditing, business operations, financial analysis, capital markets, and other specializations.
When Nick Collins was just 14 years old, he started his first business, which included around-the-clock phone calls and numerous questions from his parents. In fact, he began building his stout portfolio in the seventh grade by doing web design, incorporating creative content with brand strategies and plugging in a then-fledgling tech Flash.
Barry Gabster is the founder of InitiateU and is a leading proponent of the marketing mailer revolution, having already taken his company to 10x growth in 2021, alone. In fact, the exponential growth has seen the company rise from $800K-$8.5M just on word-of-mouth referrals.