Typically we burn natural gas and coal to produce the heat needed for these manufacturing processes.
Creating these materials requires a significant amount of heat, so much in fact, that electricity alone cannot achieve the levels required. Currently 20% of our energy is used to make cement, steel, aluminum, and other building materials. Using a system deploying thousands of computer controlled mirrors, Heliogen can continuously reflect sunlight to one spot and produce 1500 degrees centigrade of heat (⅓ the heat of the sun). In the podcast episode we learn that Bill is driven by the belief that in order to lift people out of poverty’s gravity, we must create and enable low cost energy proliferation, worldwide.īill has dedicated his life to solving this problem and we hear about 3 of his latest companies that have made tremendous progress on this front. 3 January 2023.Founder Bill Gross is the most prolific entrepreneurs in our modern era, with more than 45 IPOs and acquisitions, 7 of which were valued at over a billion dollars.
#SPACE PIONEER MOMENTUS UPDATE#
The specific impulse of these propulsion systems is targeted to be "two or three times" that of chemical propulsion systems, putting them at the low end of existing electric propulsion systems (this conversely puts them at the high end of the specific thrust, or thrust per unit input power). These tugs are propelled by the company's Microwave Electrothermal Thruster (MET), a form of spacecraft electric propulsion in which water is ionized by microwaves and accelerated out of the spacecraft. A still larger tug, called Valoride, has since been removed from their website. The website lists three models of tug with successively larger payload masses and Delta-v capabilities, in ascending order, name Vigoride, Ardoride, and Fervoride. Space transportation in the form of space tugs is particularly emphasized. Momentus space lists plans to offer "space infrastructure" services, including space transportation, on-orbit refueling, and on-orbit services of satellites. Momentus space had its first demonstration launch of a vehicle in 2022, which achieved mixed results. In 2020, Momentus was merged with a SPAC which valued it at 1.2 Billion US dollars though its valuation quickly dropped to half of this value when it began public trading.
Securities and Exchange Commission accused it of misleading investors via this claim. In 2019, Momentus claimed that its Microwave Electrothermal Thruster (MET) was successfully tested in space, though the U.S. The investors were Prime Movers Lab, Liquid 2 Ventures, One Way Ventures, Mountain Nazca, Y Combinator, and others. Momentus space received 8.3 million US dollars of seed funding in November 2018. Momentus space was a 2018 graduate of the Y Combinator program. As of late 2022 the company has launched one demonstration mission, which produced mixed results. The company advertises three orbital tug services which are based around spacecraft electric propulsion and vary in payload mass and Delta-v. Momentus Inc, sometimes styled Momentus space, is an American spaceflight company founded by Mikhail Kokorich which plans to offer space infrastructure services in the form of on-orbit services.
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