Trump sends Weapons to Ukraine via the EU/NATO with a 50-day deadline. The Raytheon Missiles & Defense business unit, part of RTX, manufactures the Tomahawk missile....
Read moreTrump sends Weapons to Ukraine via the EU/NATO with a 50-day deadline. The Raytheon Missiles & Defense business unit, part of RTX, manufactures the Tomahawk missile....
Read more“The U.S. Air Force's B-2 stealth bomber is a key component of the nation's long-range strike arsenal and one of the most survivable aircraft in the world. Its unique stealth characteristics allow it to penetrate the most sophisticated enemy defenses. July 17, 2019, marked 30 years since the...
Read moreTranscript =Welcome to today's discussion, my name is Glenn. I'm joined by Alexander Mercouris and Jack Matlock the US ambassador to the Soviet Union who had a very important role in contributing to negotiating an end to the Cold War in 1989....
Read more“The BAE SYSTEMS-British Challenger 3 has been unveiled as the UK’s newest and most lethal main battle tank (MBT)?” - The Challenger 3 is produced by modernizing existing Challenger 2 MBTs with 127 planned for conversion from the UK’s existing 221 Challenger 2s; 127...
Read moreGlobal Firepower Index: The Armed Forces of the Russian Federation surpassed all countries of the world in many indicators. “The compilers of the Global Firepower Index, which is published under the auspices of the British University of St. Andrews, compared the main indicators of the Russian and US armies. Russia Federation took 1st place in the strength of the ground for...
Read more“A significant cultural shift during the early years of the global war on terror led to the development and adoption of capabilities and tactics to counter improvised explosive devices (IEDs).Today, unmanned aerial systems (UASs) pose a threat similar to that of IEDs. The Marine Corps must develop counter-UAS (C-UAS) tools to improve battlefield survivability service-wide,...
Read more“Why is the uni party risking a war we’re so ill-prepared to fight? When Richard Nixon lost the election to John F. Kennedy, Nixon told supporters, “I know Jack Kennedy. He’s a patriot.” Nixon knew that the nation would be safe in President Kennedy’s hands. Most Americans do not have the same confidence in President Biden. In April 2023, fewer than four in ten U.S. adults ...
Read more“In the case of Ukraine, the U.S., it seems, is tilting towards a more permanent (yet less intense) war into 2026.. The so-called ‘Israeli formula'. The Corporations of Europe, UK, 32 NATO slaves of the USA Wealth Oligarchs, +, Japan all funded by the US Congress BILLIONS. They all get on their knees to the rich elitist Israel's in New York. But leaving the Ukraine conseq...
Read moreAccording to documentation from the US White House, America’s Defense Contractors will provide, as Zelensky ordered, 200,000 rounds of artillery Shells /month to the US Congress and $145 billion to the Ukraine State. (i.e.-Russia MOD uses 200,000 rounds each four days). Why would the Democratic Party controlled by the White House, the US Senate, and the Secretary of Defense, Lloyd ...
Read moreAncient War Machines Since the beginning of warfare, military planners and generals dreamed of engineered machines to destroy military enemies first before they could inflict any destruction upon their own military forces...
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Read moreEvent 1 - May/June 2021 May 25-27 2021 -Intelligence Symposium 2021- to be held virtually Jun 7, 12 Military Space San Diego CA -to be h...
Read moreSmall Sat Symposium 2018 Computer History MuseumFebruary 5-8, 2018Mountain View, CA ...
Read moreReturning for its 8th year the 2015 Mobile Deployable Communications Conference will address the key topics of CIS networks and tactical com...
Read moreGMCStream Flash News Virgin Galactic Space Tourism Gamble - “Virgin Galactic, Richard Branson’s space-tourism venture, is preparing for liftoff as a publicly traded company. Social Capital Hedosophia Holdings Corp. IPOA -a special-purpose acquisition company, or SPAC, is planning to invest roughly $800 million in Virgin Galactic for a 49% stake. As part of the deal with Social Capital Hedosophia, a publicly traded shell, Virgin Galactic later this year would become the first publicly listed human-spaceflight company.
Virgin Galactic expects that this deal will give it enough capital to fund the business until its spaceships can commercially operate and turn a profit.” Jeff Bezos’ Blue Origin and Elon Musk’s Space Exploration Technologies Corp., have not the billions in capital to venture into the high risk of space tourism that may lead to high insurance rates and the deaths of travelers. SpaceX boosters have exploded in the past and Blue Origin is still a pipe dream in the mind of Amazon’s CEO.
Richard Branson said in a WSJ interview that most of the proceeds from this deal will be used “to make sure we can enable as many people in the world as possible to become astronauts.” Eleven years ago Virgin Galactic was the pioneer space effort to propel tourists and small satellites into space using cheap rockets and various other unconventional launch systems. Financial analyst project space tourism will be the fastest-growing segment in commercial space. Branson has sold 600 people to invest $80 million in total to secure seats on his space plane platform.
Virgin Galactic has already raised more than $1 billion since it was founded fourteen years ago. Saudi Arabia’s Public Investment Fund announced plans to invest $1 billion in the company but did not see a reasonable return and pulled out. “Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP and a former Facebook Inc. executive, contacted Branson about a potential investment through the SPAC. The $800 million includes about $100 million that Mr. Palihapitiya is putting into the deal. He will serve as chairman of the company. “There’s nothing as exciting as this next-generation space race,” said Mr. Palihapitiya. “It’s attracting the most talented and respected entrepreneurs of our generation.” SPACs typically have two years to use capital they raise to buy a company and take it public. Social Capital Hedosophia has been trading on the New York Stock Exchange since September 2017 and is nearing the end of the time allotted to purchase a company. Mr. Branson said in an interview that most of the proceeds from this deal will be used “to make sure we can enable as many people in the world as possible to become astronauts.”
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Maureen Farrell contributed – Branson’s Space Unit to Go Public
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