Video: CNBC Experts Talk Virgin Galactic, Space Stocks

Video Caption: Andrew Chanin, the CEO of ProcureAM, talks his firm’s Procure Space ETF (UFO) as its top holding skyrockets. With CNBC’s Bob Pisani, ETF Trends’ Tom Lydon and Astoria Portfolio Advisors’ John Davi.

Virgin Galactic’s rally began two months ago but trading in the speculative space company has recently accelerated in a way that tops even the momentum behind Tesla.

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Rogozin Crows About a Year Without an Anomaly

Roscosmos head Dmitry Rogozin. (Credit: A. Savin)

Roscosmos Director General Dmitry Rogozin is taking a bow for the state corporation’s successful 2019 launch campaign, which was the first since 2003 to not record a single partial or complete failure.

An Interfax report highlighted one under appreciated advantage of not losing satellites year after year.

Rogozin said the year 2019 was not an easy one for global aerospace insurers from the angle of indemnities. European insurers were affected by the failed launch of the Vega satellite in summer 2019, their U.S. colleagues incurred losses from incidents involving low-orbit crewed ships, and there were also unsuccessful missions in China.

Rogozin assured Russian insurers and Western reinsurance companies that Roscosmos “will stay committed to the policy of transparency” in their interaction.

For instance, Roscosmos will be holding traditional annual meetings with aerospace insurers, and three international meetings will be arranged abroad in 2020. The developing dialogue between Roscosmos and the insurers “will allow them to discuss a package insurance agreement,” Rogozin said.

He invited insurers to visit Vostochny Cosmodrome in the middle of this spring.

NASA’s Mars InSight Lander to Push on Top of the ‘Mole’

NASA InSight recently moved its robotic arm closer to its digging device, called the “mole,” in preparation to push on its top, or back cap. (Credits: NASA/JPL-Caltech)

PASADENA, Calif. (NASA PR) — After nearly a year of trying to dig into the Martian surface, the heat probe belonging to NASA’s InSight lander is about to get a push. The mission team plans to command the scoop on InSight’s robotic arm to press down on the “mole,” the mini pile driver designed to hammer itself as much as 16 feet (5 meters) down. They hope that pushing down on the mole’s top, also called the back cap, will keep it from backing out of its hole on Mars, as it did twice in recent months after nearly burying itself.

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NASA Wants Your Help Designing a Venus Rover Concept

Venus hides a wealth of information that could help us better understand Earth and exoplanets. NASA’s JPL is designing mission concepts to survive the planet’s extreme temperatures and atmospheric pressure. This image is a composite of data from NASA’s Magellan spacecraft and Pioneer Venus Orbiter. (Credits: NASA/JPL-Caltech)

PASADENA, Calif. (NASA PR) — NASA’s Jet Propulsion Laboratory in Pasadena, California, under a grant from the NASA Innovative Advanced Concepts program, is running a public challenge to develop an obstacle avoidance sensor for a possible future Venus rover. The “Exploring Hell: Avoiding Obstacles on a Clockwork Rover” challenge is seeking the public’s designs for a sensor that could be incorporated into the design concept.

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NASA Adds Return Sample Scientists to Mars 2020 Leadership Team

This artist’s concept depicts NASA’s Mars 2020 rover exploring and taking a core sample on the Red Planet. The mission will investigate the geology of Jezero Crater. It will acquire and store samples of the most promising rocks and soils that it encounters, setting them on the surface of Mars for a future mission to bring back samples to Earth for deeper study. (Credit: NASA/JPL-Caltech)

The leadership council for Mars 2020 science added two new members who represent the interests of scientists destined to handle and study the first samples from Red Planet.


PASADENA, Calif. (NASA/JPL-Caltech PR) — In the fall of 2019, the Mars 2020 rover team welcomed ten members to serve as Returned Sample Science Participating Scientists. Scheduled to launch in July 2020 as NASA’s next step in exploration of the Red Planet, the Mars 2020 mission will search for signs of past microbial life, characterizing the planet’s climate and geology, and will be the first planetary mission to collect and cache Martian rock core and dust samples. Subsequent missions, currently under consideration by NASA (in conjunction with the European Space Agency), would send spacecraft to Mars to collect these cached samples from the surface and return them to Earth for in-depth analysis.

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Video: Jim Cramer Breaks Down Virgin Galactic’s Soaring Stock

Video Caption: Investors owning surging speculative stocks should take some off the table and protect profits, “Mad Money” host Jim Cramer says.

Virgin Galactic shares swung back-and-forth in heavy trading Thursday, with the stock giving dropping midday after climbing earlier.

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Blue Moon Program Fact Sheet

Blue Moon crewed landing vehicle. (Credit: Blue Origin)

Jeff Bezos’ Blue Origin released a fact sheet about its programs when it opened its new Huntsville manufacturing facility on Monday. Below is an excerpt on the company’s advanced development programs and Blue Moon lunar lander.

BLUE ORIGIN FACT SHEET

Advanced Development Programs

Blue Origin is developing advanced technologies to enable space exploration and development, including a NASA Tipping Point contract to mature cryogenic liquid propulsion for integrated large-scale lunar lander applications and several years of progress on the Blue Moon Lunar Lander and its BE-7 lunar landing engine.

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NASA Announces Next Round of Candidates for CubeSat Space Missions

Space Test Program Satellite-4 (STPSat-4) reaches its final orbit after deploying from the International Space Station, Jan. 28, 2020. (Credit: NASA)

WASHINGTON (NASA PR) — NASA has selected 18 small research satellites from 11 states to fly as auxiliary payloads aboard rockets launching in 2021, 2022 and 2023. The selected CubeSats were proposed by educational institutions, nonprofit organizations and NASA centers in response to NASA’s CubeSat Launch Initiative (CSLI) call for proposals issued in August 2019.

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Harbor Commissioners Approve SpaceX Lease at Port of Los Angeles

Harbor commissioners for the Port of Los Angeles have approved a lease with SpaceX under which Elon Musk’s company will build a research, development, manufacturing and recovery facility at a dilapidated terminal.

The lease agreement, which the harbor board approved on Thursday, now goes to the Los Angeles City Council for a vote.

SpaceX would pay $1,699,990 during the first year, with the cost adjusted annually according to the consumer price index (CPI). Assuming SpaceX renews the lease for years 11-30, total lease payments through year 20 would total $52,888,933.

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Video: Virgin Galactic Shares Soar

Video Caption: CNBC’s space reporter Michael Sheetz and FinTech reporter Kate Rooney break down why Virgin Galactic’s stock has taken off with the “Power Lunch” team.

Virgin Galactic’s rally began two months ago but trading in the speculative space company has recently accelerated in a way that tops even the momentum behind Tesla.

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Blue Origin Fact Sheet on New Glenn, Engine Development

New Glenn is a reusable, vertical-landing booster with 3.85 million pounds of thrust, (Credit: Blue Origin)

Jeff Bezos’ Blue Origin released a fact sheet about its programs when it opened its new Huntsville manufacturing facility on Monday. Below is an excerpt on the company’s New Glenn rocket and its BE-3, BE-4 and BE-7 engine development program.

BLUE ORIGIN FACT SHEET

New Glenn

Named after John Glenn, the first American astronaut to orbit Earth, New Glenn is a single configuration, heavy-lift orbital launch vehicle capable of carrying people and payloads routinely to low Earth orbit, geostationary transfer orbit, cislunar and beyond. Its first stage is fully reusable and built for 25 missions initially.

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DARPA Launch Challenge Nears End with Modified Rules, One Competitor

The DARPA Launch Challenge is nearing its end with modified rules and only one of three finalists left standing to win $12 million in prize money.

Astra Space will attempt to conduct two launches within days of each other from the Pacific Spaceport Complex — Alaska on Kodiak Island. The launches will take place from different pads at the spaceport and place satellites into different sun-synchronous trajectories.

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Improving Shoes, Showers, 3D Printing: Research Launching to the Space Station

NASA astronaut Serena Auñón-Chancellor mixes samples for the Microgravity Investigation of Cement Solidification (MICS) experiment and installs them into the Multi-use Variable-g Platform. The research uses the microgravity environment aboard the International Space Station to investigate the complex process of cement solidification. (Credits: NASA)

HOUSTON (NASA PR) — A variety of science investigations, along with supplies and equipment, launch to the International Space Station on the 20th SpaceX commercial resupply services mission. The Dragon cargo spacecraft is scheduled to leave Earth March 2 from Space Launch Complex 40 at Cape Canaveral Air Force Station in Florida. Its cargo includes research on particle foam manufacturing, water droplet formation, the human intestine and other cutting-edge investigations.

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Former CASIS Chief Economist Pleads Guilty to Tax Fraud

TAMPA, Fla. (Department of Justice PR) – Charles R. Resnick (69, Charlotte, NC, formerly from Florida) has pleaded guilty to one count of filing a false income tax return. He faces a maximum penalty of three years in federal prison. Resnick also agreed to make restitution to the Center for the Advancement of Science in Space (“CASIS”). A sentencing date has not yet been set.

According to the plea agreement, on October 15, 2013, Resnick filed a 2012 Individual Income Tax Return (IRS Form 1040), which he signed under penalty of perjury. On the return, Resnick attested that his total income for tax year 2012 was $225,947, when he knew that his income was substantially greater.

Resnick understated his total income by approximately $209,916 and failed to report approximately $158,000 in gross receipts that he had earned from consulting clients.

In addition, he improperly deducted business expenses in the approximate amount of $51,500, despite the facts that (1) he had been reimbursed for the expenses and (2) some of the deducted expenses were not ordinary and necessary business expenses.

For sentencing purposes, Resnick is responsible for the total tax loss for tax years 2010 through and including 2013. That amount will be determined at sentencing.

This case was investigated by the National Aeronautics and Space Administration, Office of Inspector General and the Internal Revenue Service-Criminal Investigation. It is being prosecuted by Assistant United States Attorney Rachelle DesVaux Bedke.