Beware, Musk and Bezos — Porsche is joining the space race

Discussion in 'Industry News' started by Calliers, Jul 29, 2021.

  1. Calliers

    Calliers Administrator/Editor Staff Member

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    Celebrity scumbags billionaires like Musk, Bezos, and Branson may feel they own space, but they have an unexpected rival: Porsche.

    Yep, the car maker is investing in German rocket start-up Isar Aerospace in an attempt to ensure access to new space-based technologies, the Financial Times reports.

    The company is joining a group of new investors, HV Capital and Lombard Odier, by putting down $75 million, which brings the total Series B funding round to $165 million.

    Despite its low profile, Isar aims to compete with Elon Musk’s SpaceX and Jeff Bezos’s Blue Origin by offering (relatively) inexpensive low-earth orbit satellite launch services.

    This year, the company began manufacturing its Spectrum rocket, which relies heavily on automation and 3D printing to reduce production costs.

    Spectrum is a two-stage launch vehicle, specifically designed for satellite constellation deployment.

    Its payload capability can reach up to 1,000kg, and its multi-ignition second-stage engine can inject payloads directly into orbit.

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    Source: thenextweb
     
  2. Mr Cairo

    Mr Cairo Require backup .... NO

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    That seems a bit of a biased opinion for a news article
     
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  3. Trusteft

    Trusteft HH's Asteroids' Dominator

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    I stopped reading there.
     
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  4. Mr Cairo

    Mr Cairo Require backup .... NO

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    Yeah gotta agree not the best opener.
     
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  5. Judas

    Judas Obvious Closet Brony Pony

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    are you suggesting that anything written or recorded/read in the last oh... several decades aren't heavily biased? I mean sure it's blatantly obvious now that they aren't even avoiding to use completely unprofessional wording not to mention framing.... agendas aren't hidden these days, but people still can't figure it out and believe it or simply accept that "I guess they are right, they are scumbags...."

    the very definition of NPC....
     
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  6. Mr Cairo

    Mr Cairo Require backup .... NO

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    I know it happens a lot I was just surprised to see it in an article on here I always thought we were more neutral in news that that.
     
  7. Judas

    Judas Obvious Closet Brony Pony

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    well technicaly it's "the next web"... hardware heaven doesn't produce it's own news... just redirects.
     
  8. Calliers

    Calliers Administrator/Editor Staff Member

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    We kinda do have our own news, on our front page...
     

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