WASHINGTON (AP) — Attention wealthy nations and billionaires: A team of former NASA executives will fly you to the moon in an out-of-this-world commercial venture combining the wizardry of Apollo and the marketing of Apple.
For a mere $1.5 billion, the business is offering countries the chance to send two people to the moon and back, either for research or national prestige. And if you are an individual with that kind of money to spare, you too can go the moon for a couple days.
Some space experts, though, are skeptical of the firm's financial ability to get to the moon. The venture called Golden Spike Co. was announced Thursday.
Dozens of private space companies have started up recently, but few if any will make it — just like in other fields — said Harvard astronomer Jonathan McDowell, who tracks launches worldwide.
"This is unlikely to be the one that will pan out," McDowell said.
NASA's last trip to the moon launched 40 years ago Friday. The United States is the only country that has landed people there, beating the Soviet Union in a space race to the moon that transfixed the world. But once the race ended, there has been only sporadic interest in the moon.
President Barack Obama cancelled NASA's planned return to the moon, saying America had already been there. On Wednesday, a National Academy of Sciences said the nation's space agency has no clear goal or direction for future human exploration.
But the ex-NASA officials behind Golden Spike do. It's that old moon again.
The firm has talked to other countries, which are showing interest, said former NASA associate administrator Alan Stern, Golden Spike's president. Stern said he's looking at countries like South Africa, South Korea, and Japan. One very rich individual — he won't give a name — has also been talking with them, but the company's main market is foreign nations, he said.
"It's not about being first. It's about joining the club," Stern said. "We're kind of cleaning up what NASA did in the 1960s. We're going to make a commodity of it in the 2020s."
The selling point: "the sex appeal of flying your own astronauts," Stern said.
Many countries did pony up millions of dollars to fly their astronauts on the Russian space station Mir and American space shuttles in the 1990s, but a billion dollar price tag seems a bit steep, Harvard's McDowell said.
NASA chief spokesman David Weaver said the new company "is further evidence of the timeliness and wisdom of the Obama administration's overall space policy" which tries to foster commercial space companies.
Getting to the moon would involve several steps: Two astronauts would launch to Earth orbit, connect with another engine that would send them to lunar orbit. Around the moon, the crew would link up with a lunar orbiter and take a moon landing ship down to the surface.
The company will buy existing rockets and capsules for the launches, Stern said, only needing to develop new spacesuits and a lunar lander.
Stern said he's aiming for a first launch before the end of the decade and then up 15 or 20 launches total. Just getting to the first launch will cost the company between $7 billion and $8 billion, he said.
Besides the ticket price, Stern said there are other revenue sources, such as NASCAR-like advertising, football stadium-like naming rights, and Olympic style video rights.
It may be technically feasible, but it's harder to see how it is financially doable, said former NASA associate administrator Scott Pace, space policy director at George Washington University. Just dealing with the issue of risk and the required test launches is inordinately expensive, he said.
Company board chairman Gerry Griffin, an Apollo flight director who once headed the Johnson Space Center, said that's a correct assessment: "I don't think there's any technological stumble here. It's going to be financial." The company is full of space veterans; American University space policy professor Howard McCurdy called them "heavy hitters" in the field. Advisers include space shuttle veterans, Hollywood directors, former House Speaker Newt Gingrich, former U.N. Ambassador Bill Richardson and engineer-author Homer Hickam.
Business
Company offering to send 2 people to moon for $1.5B
Company offering to send 2 people to moon for $1.5B
-
-
GM: 110 paid internships
General Motors is kicking the tires on a unique new internship program for Detroit-area high school students.
Continued ... -
Gas prices rise 10 cents over past week
AAA Michigan says gasoline prices have risen about 10 cents during the past week to a statewide average of about $3.88 per gallon.
Continued ... -
Couple, resort in Twitter tussle
An Internet entrepreneur and former Wall Street derivatives analyst contends central Idaho’s Sun Valley resort and the Twitter Inc. social media site heisted his handle.
Continued ... -
Court rules for Fannie Mae, Freddie Mac in Oakland lawsuit
A federal appeals court overturned a lower court ruling and threw out tax claims by Oakland County against the federally charted mortgage giants Fannie Mae and Freddie Mac.
Continued ... -
Ex-Saab execs arrested on accounting charges
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges.
Continued ... - Sunday, May 19, 2013
-
Oryana celebrates 40 years in business
In the early 1970s, a small group of Traverse City families got together to drive to Ann Arbor and purchase the grains and beans they couldn’t find locally.
Continued ... -
Chamber View: Multiple opportunities for learning
The people who make up our local business community often wear many hats – boss, line worker, ambassador, bookkeeper, mentor … the list goes on.
Continued ... -
Business Memoranda: 05/19/2013
Custer Workplace Interiors has added Emily Heilig to its northern Michigan sales team.
Continued ... -
Business in Brief: 05/19/2013
Become a contractor; Solar projec tbeing offered; MMC joins Spectrum. (Plus more)
Continued ... -
Building Permits: 05/19/2013
Building permits issued in Grand Traverse County:
Continued ... -
Real Estate Transfers: 05/19/2013
Address, asking price and sold price:
Continued ... -
The Record: 05/19/2013
Assumed names filed in Grand Traverse County:
Continued ... - Saturday, May 18, 2013
-
Ag Forum: Chestnuts a growing market
Various species of chestnut are found in Michigan — naturally in the landscape, in green spaces as ornamentals and also planted in orchards for nut production.
Continued ... -
Futures File: Even with large crop, soybeans shoot higher
Although U.S. farmers are expecting to harvest a large soybean crop this fall, the current supply of soybeans in storage is running low, lifting prices higher. This week, July soybeans shot up 45 cents (+3.2 percent), reaching $14.47 per bushel on Friday morning.
Continued ... -
Farm Focus in Brief: 05/18/2013
Beverage classes; Weed management; Compost Day. (Plus more)
Continued ... - Friday, May 17, 2013
-
Festival spotlights science, math
Newton’s Road, a regional nonprofit organization committed to increasing access to and appreciation of learning opportunities in science, technology, engineering and math, continues its Northern Michigan STEaM Film Festival on Saturday.
Continued ... -
Only 2 of 13 small SUVs do well in crash tests
Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations.
Continued ... -
Technology, labor spar on immigration
To the U.S. technology industry, there’s a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business.
Continued ... -
Compuware cancels events to honor company co-founder
The wife of a Compuware Corp. co-founder is upset that events to honor her husband’s legacy and the software development company’s history have been canceled.
Continued ... - Thursday, May 16, 2013
-
Eurozone recession is now longest in currency bloc
The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009.
Continued ... -
State economy still on upswing
Economists say Michigan’s economy is turning around for the fourth straight year in part because the housing sector is on the mend.
Continued ... -
State’s jobless rate decreases
Michigan’s seasonally adjusted unemployment rate edged down in April by one-tenth of a percentage point to 8.4 percent.
Continued ... -
Compuware plans IPO for Covisint subsidiary
Software development company Compuware Corp. says it’s planning an initial public offering for its Covisint Corp. subsidiary.
Continued ... -
House panel set to OK cut in food stamp program
A House committee rebuffed Democratic efforts Wednesday to keep the $80 billion-a-year food stamp program whole, as debate on the farm bill turned into a theological discourse on helping the poor.
Continued ... - Wednesday, May 15, 2013
-
Wind farms get pass on eagle deaths
It happens about once a month here, on the barren foothills of one of America’s green-energy boomtowns: A soaring golden eagle slams into a wind farm’s spinning turbine and falls, mangled and lifeless, to the ground.
Continued ...
-
GM: 110 paid internships



