Money Matters - Simplified


Soon, Zoom into Earth’s Stratosphere in 15 min with Skylon

This is amazing news folks!! Space zipping will no more remain a dream. We have news that a revolutionary Spacecraft by the name of Skylon, may one day, in a matter of just 15 minutes, carry the adventure lovers into Earth’s Stratosphere.

Commercial rocket in successful launch

Cape Canaveral, Fla. -- Commercial U.S. spacecraft company SpaceX had a successful demonstration launch and recovery of its Falcon 9 rocket and Delta capsule Wednesday, NASA said.

The liftoff was at 10:43 EST from Launch Complex 40 at Cape Canaveral Air Force Station, and after a short orbital mission the capsule was recovered after a splashdown in the Pacific Ocean, NASA said.

The successful launch, safe reentry and recovery is the first demonstration flight for NASA's Commercial Orbital Transportation Services program, which will provide cargo flights to the International Space Station, the space agency said.

NASA Administrator Charles Bolden, a former astronaut, issued congratulations to SpaceX.

US military launches world's largest satellite

The National Reconnaissance Office (NRO) released a press note saying that the Air Force has launched its spy satellite from Cape Canaveral station on Sunday at 5:58 p.m.

Indonesia building satellite launcher

Jakarta -- Indonesia has announced it is building a rocket with a range of 125 miles as the first step toward a rocket capable of putting a satellite in orbit.

The country's National Aeronautics and Space Agency, or LAPAN, said Thursday the RX-550 rocket would undergo a static test in December and a flight test in 2012, Indonesia's official news agency ANTARA reported.

"This one, which will consist of four stages, will be part of an RPS-01 rocket to put a satellite in orbit," LAPAN spokesman Soewarto Hardhienata said.

LAPAN has successfully tested the RX-320 and RX-420 rockets whose components would be used to build the multistage RPS-01 rocket, he said.

Senate to scrap NASA's moon program

NASA's moon programme will come an end with a bill passed by Senate

The ambitious moon program of NASA will come to an end with the passage of a bill by the Senate directing NASA to work on a heavy lift rocket capable of going on long distance missions, may be up to Mars.

Danish rocketeers abort launch attempt

Copenhagen, Denmark -- Danish rocket enthusiasts hoping to send a dummy 19 miles into the sky say they aborted the launch when a valve on their rocket froze up.

A group calling itself the Copenhagen Suborbitals is attempting to launch its self-built rocket from a military test area in the Baltic Sea, the BBC reported.

As the countdown reached zero Sunday, nothing happened.After inspecting the rocket, the team found a valve controlling liquid oxygen had frozen up and did not open.

The Danish government has given the team the use of its test range until Sept. 17. If their rocket cannot fly before that date, the team will have to wait until 2011 for another chance.

China launches media satellite

Xichang, China -- China launched a rocket early Sunday carrying a satellite meant to provide live radio and television broadcasts for the next 15 years, officials said.

The "SinoSat-6" satellite was boosted into space at 12:14 a.m. local time aboard a Long March 3B rocket, the Chinese news agency Xinhua reported. The launch took place at the Xichang Satellite Launch Center in southwestern China's Sichuan province.

The satellite will be moved into its geostationary orbit in the coming days, and then begin relaying TV and radio programming.

The new satellite is expected to provide greatly improve service for Chinese living in remote and mountainous areas, China Satellite Communications Corp., which will operate the satellite, said.

Russian Soyuz spacecraft carries new crewmates to ISS

Moscow, December 21 -- Russia’s Soyuz TMA-17 spacecraft carrying three new flight engineers for the International Space Station (ISS), was launched early Monday from the Baikonur Cosmodrome in Kazakhstan.

Norway's mysterious spiral light solved

Oslo, Norway -- A Russian rocket gone awry appears to be responsible for a mysterious spiraling white and blue light show seen over Norway, officials say.

Thousands of people in Norway reported seeing the unusual light Wednesday, The Christian Science Monitor reported Thursday. Before long, the Russian Defense Ministry disclosed the third stage engine of a Bulava rocket its personnel had fired from a submarine in the White Sea near the Norwegian coast proved "unstable."

The online newspaper said while the Russians didn't specify that the their rocket caused the blue light special Norwegians witnessed, the two events appeared more than coincidental, given the powerful missile should have been high in the atmosphere when the problem occurred.

Ares 1 booster successfully test-fired

Salt Lake City, UT, September 13 -- A gigantic five-segment solid-fuel booster was test-fired by Alliant Techsystems (ATK) in Utah this Thursday.