Dennis Tito, first space tourist, books trip around the moon on SpaceX’s Starship Spaceflight Now – Spaceflight Now

Akiko and Dennis Tito at SpaceXs Starbase facility in South Texas. Credit: SpaceX

Dennis Tito, an 82-year-old aerospace engineer-turned-financial analyst who paid Russia $20 million for a trip to the International Space Station in 2001, is working with SpaceX on plans to take his wife on what amounts to a belated honeymoon voyage to the moon.

In an interview with CBS Mornings, Tito said he and his wife of two years want to fly on Elon Musks futuristic Starship for the sheer adventure of it. They also want to inspire senior citizens who might think their horizons are increasingly limited.

And they want to play a part in humanitys initial steps out into the solar system.

Ive been thinking about flying to the moon for the last 20 years, since my space flight, Tito said. And here we were at SpaceX (recently) and they were interested in talking about a space flight. And I brought it up. And within a few minutes, we both were on board.

In a television interview Monday at SpaceXs sprawling Starship development complex near Brownsville, Texas, Tito and his Tokyo-born wife Akiko, 57, said they hope to blast off with 10 other yet-to-be-named passengers, booked by SpaceX, within the next five years or so, after the rocket completes a series of test flights.

We will be able to watch the Earth get smaller, and smaller and smaller, and the moon get larger, and larger and larger, Tito said, describing the planned trajectory. We will then, upon emerging from the far side of the moon, see the Earth from a perspective only the Apollo astronauts have enjoyed to date.

We will be literally out of this world, he said.

As it now stands, their voyage presumably would follow two other piloted flights of the Super Heavy/Starship rocket: one to Earth orbit, presumably with billionaire Jared Isaacman, who funded the first private orbital flight aboard a Crew Dragon capsule in 2021; and an around-the-moon flight chartered by Japanese entrepreneur Yusaku Maezawa.

Its not known when those missions might get off the ground or how much they might cost. Likewise, Tito would not discuss how much hell be paying for two seats aboard the Starship.

Whatever the amount, its obviously worth it to a man who describes his space station visit two decades ago as 100 percent enjoyment, adding Ive been thinking about it every day since.

One of the things I hope to do, we both hope to do, is inspire people that as we get older, there are so many things we still can do, Tito said. And flying in space actually is a lot easier than a lot of other things. I mean, Im beyond the age of skiing, but space is a lot easier than that.

Said Akiko Tito, a real estate investor and jet pilot: Like Dennis said, I think age is just a number. We just want to inspire people and especially me, inspire women, you know, young women (who) want to become a pilot in the future, want to become astronaut. You know, work hard and make it happen.

Star Trek actor William Shatner, then 90, set the age record last year when he flew to the edge of space aboard a sub-orbital New Shepard spacecraft. The oldest person to reach orbit was the late John Glenn, who was 77 when he flew aboard a space shuttle in 1998.

Tito could be nearing 90 himself when he finally gets his Starship flight, but he told CBS Mornings correspondent Janet Shamlian hes in better shape now than when he launched aboard a Russian Soyuz spacecraft to become the first so-called space tourist.

I am probably in better physical shape than I was 21 years ago, he said, because Ive taken up weightlifting in a serious way. And I wasnt able then to manage the kind of weight I can manage now. So I think Im in better shape.

But realizing it could be several years before he blasts off aboard the as-yet-untried Starship, weve engaged in upping our physical fitness activities and health monitoring to really make sure that were going to be in shape for many years into the future.

The regimen includes weight training in a fully equipped home gym along with walking and running on a quarter-mile track outside his house. The couple also has a Pilates studio.

Were not counting on (launching) next year, Tito said. So we have to stay in good shape, which is a great motivational thing for us because a lot of people when they reach my age, you know, will sit in a rocking chair and wait for the inevitable.

Akiko Tito said she started working out on a daily basis 20 years ago and now trains for beauty and fitness competitions that focus on total physical fitness. And then you have to be elegant as well at the same time.

She said she had no hesitation about joining her husband for a flight to the moon.

I know him very well, so, yes, here we go, you know? she said. I wanted to join him. So here we are. We want to make it happen together, as a couple.

Born in Tokyo, Akiko Tito holds a degree in economics and moved to New York in 1995 to work on Wall Street while raising a daughter. She and Tito were married in 2020 during the COVID outbreak.

So we didnt have a chance really to have a honeymoon, Tito said. Then, laughing, he added, so maybe this is our honeymoon.

The 394-foot-tall Starship will be the worlds most powerful rocket when it finally takes off, generating a staggering 16 million pounds of thrust from the 33 methane-burning Raptor engines powering its Super Heavy first stage twice the liftoff thrust of NASAs $4.1 billion Space Launch System moon rocket.

SpaceXs upper stage the Starship is equipped with six Raptor engines and will be capable of carrying passengers and payloads to the moon and beyond. Both stages are fully reusable and will descend to tail-first landings back on Earth using similar software and techniques perfected using the companys smaller Falcon 9 rockets.

The Starship upper stage has been launched seven times on low-altitude test flights, four of which suffered catastrophic failures during the landing sequence. The most recent test flight in May 2021 was fully successful.

Every time a rocket explodes, you learn something, Tito said. So the more rocket explosions we see, the better because then well get all the bugs out of it.

The Super Heavy first stage has not yet been launched. SpaceX is in the process of testing its engines and other critical systems before a test flight to boost an unpiloted Starship into orbit for the first time, possibly before the end of the year.

SpaceX already holds a $2.9 billion NASA contract to develop a variant of the Starship to serve as the initial lunar lander in the agencys Artemis moon program.

Under the current plan, astronauts launched aboard the agencys third piloted SLS rocket will dock with a Starship in lunar orbit and descend to touchdown near the moons south pole in the 2025-26 timeframe. SpaceX is required to carry out an unpiloted test flight, complete with moon landing, before the Artemis 3 mission.

To reach the moon with enough propellant for landing and takeoff, SpaceX plans to refuel the Starship lander in Earth orbit using multiple flights of Super Heavy/Starship tankers. Its not yet known what role refueling might play in Titos mission.

Whether SpaceX can perfect the huge rocket and test it to NASAs satisfaction by 2025-26 remains to be seen.

SpaceX does not provide details about its schedule and its not known how the NASA mission will fit in with the companys plans to launch the other two currently planned Starship missions before Tito and his wife get their turn.

Isaacman, who funded the first private-flight Inspiration 4 to low-Earth orbit in September 2021 using a Falcon 9 and Crew Dragon capsule, has announced plans for three more private missions with SpaceX, including one aboard a Crew Dragon that will feature the first spacewalk by a private citizen.

Isaacmans three-flight Polaris project could include the first piloted flight of the Super Heavy/Starship in Earth orbit, although no details are yet available.

Billionaire entrepreneur and art collector Maezawa, founder of ZoZotown, one of Japans largest retail websites, also has booked a Super Heavy/Starship flight to carry him and several companions on the first privately-funded passenger flight around the moon.

Titos flight presumably will follow Maezawas, but its not known whether one or both will precede NASAs lunar landing mission or whether Tito will get his wish within five years as hoped.

Were prepared to wait as long as it takes to get everything perfected, Tito said.

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Dennis Tito, first space tourist, books trip around the moon on SpaceX's Starship Spaceflight Now - Spaceflight Now

Remembering Enterprise: The Test Shuttle That Never Flew to Space – Gizmodo

Enterprise mounted to the top of a modified Boeing 747 during OV-101 Flight 7 on October 12, 1977. The Shuttles Tail Cone was removed for this mission, exposing its mock engines. Photo: NASA

Prior to the inaugural launch of the Space Shuttle Columbia in 1981, NASA conducted a series of performance tests with a prototype known as Enterprise. Named for the fictional Star Trek vessel, Enterprise provided our first glimpse of what a future spaceship might actually look like.

When I was a kid, I loved to play with my toy Enterprise Shuttle, which rested comfortably on top of its corresponding toy 747 jet airliner. NASAs Space Shuttle had not yet launched to space (yes, Im dating myself here), yet my imagination was already soaring, as I envisioned the black-and-white spaceplane soaring through the celestial void.

As an adult, I still hold a soft spot for Enterprise. The intrepid prototype set the stage for NASAs a 4.5-million-pound space truck, despite it never reaching orbit.

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Remembering Enterprise: The Test Shuttle That Never Flew to Space - Gizmodo

55 years ago, Russia changed spaceflight forever and lied about it a little – Inverse

After the USSR launched Sputnik 1 in 1957, the space race quickly gained momentum. A decade later, the first space probe that entered the atmosphere of another planet while still operational did so successfully 55 years ago today, on October 18, 1967. Venera 4 arrived on Venus and began sending data about the planets atmosphere until it lost contact thereafter, also making it the first space probe to send data from inside the atmosphere of another planet.

The spacecraft revealed more than any mission previously had about another planet, but the mission also alluded to how the USSR was managing its public image when it came to the space race.

Venera 4 landed on Venus just one day before the arrival of Mariner 5, a US spacecraft originally destined for Mars that had been modified and sent to our sister planet to collect data on its atmosphere, but as a flyby mission with no probe, marking a minor space race victory for the USSR.

Interestingly, although you might have thought that the Russians would concentrate on Mars, it being a Red Planet, they actually concentrated on Venus for a lot of the Soviet era, Jonathan McDowell, an astrophysicist at the Harvard-Smithsonian Institute, member of the Chandra X-ray Telescope team, and a space history archivist, tells Inverse.

Venera 4 mission prior to launch.Sovfoto/Universal Images Group/Getty Images

While the USSR set its sights primarily on Venus, it hadnt entirely forgotten about Mars.

According to McDowell, Americans were focusing on Mars, and [the Soviets] knew they couldnt beat the Americans at Mars. But, come to think of it, they did try Mars a number of times, [but] they just kept failing. They kept failing at Venus as well, but they tried enough with Venus that they eventually had some success.

The USSR actually had a Mars program where similar to NASAs approach with the Mariner 5 spacecraft, the same spacecraft design was used for both Mars and Venus.

They [the USSR] launched a bunch of them, and a lot of them failed before getting out of Earth orbit. So, they got codenames like Kosmos 21. Translation: it got as far as Earth orbit and then died, McDowell says.

In fact, there has been an entire slew of Kosmos missions since 1962. As of 2013, there were at least 2500. That is a lot of failed missions.

Initially, two versions of Venera 4 were constructed and launched. The second one launched just five days after the first, but it never left Earth orbit due to an engine malfunction. Unsurprisingly, given the USSRs modus operandi, this mission earned itself the name Kosmos 167.

What made Venera 4 stand out from its predecessors wasnt simply that it arrived at Venus intact without overheating before reaching the atmosphere like Venera 3 but also that the space probe was engineered to survive for a relatively long time once inside of the planets hot and high-pressure atmosphere, particularly compared to what we are used to here on Earth.

The surface pressure of Venus exceeds 75 times that of Earths at sea level (measured in bars), and temperatures can reach up to 900 degrees Fahrenheit.

Trying to make a piece of hardware that can survive crushing pressures and all those temperatures is not easy. Especially if you're trying to have parachute strings that dont melt, McDowell explains. The idea is that once it's down to a certain altitude, it releases a parachute and then floats down and lands on the surface and then makes measurements of temperature and pressure on the surface. But, in fact, it returns temperature and pressure data on the way down.

An example of Soviet space propaganda. Buyenlarge/Archive Photos/Getty Images

Despite the fact that after entering the atmosphere, the Venera 4 rapidly lost connection, the Soviets were confident that the probe had landed on the planets surface.

They [the Soviets] initially claimed it had landed. But later, they realized it hadnt. It just landed on the top of a very tall mountain, McDowell says. And then later they realized, no, actually, it was crushed in the atmosphere before it hit the surface. It took a long time before the Soviets kind of went back on it. Once Venera 7 landed successfully, like quietly, you know, [the USSR] started listing Venera 4 as not having landed.

The manufactured story about Venera 4s (faux) landing became another example of the USSRs tendency towards secretiveness and their tendency to dictate history as they desired, as opposed to how it actually happened.

Nonetheless, the incorrect interpretation of Venera 4s landing ultimately became attributed to the radio altimeter. It would give the same radio signal signature every 18 miles. This effect is called aliasing and makes altitudes that are a certain distance apart indistinguishable. Initially, the Soviet scientists interpreted the first signal to come from an altitude of 16 miles, which was thought to be approximately where the cloud tops were with respect to the surface (though, this was unconfirmed).

Were this the case, Venera 4 would have successfully landed. However, due to inconsistencies with other data, it later became clear that the actual altitude of the first signal was from 34 miles above the surface and that the ship never made it to the ground intact.

Illustration of the Venera 9 spacecraft on the surface of Venus. MARK GARLICK/SCIENCE PHOTO LIBRARY/Science Photo Library/Getty Images

Regardless of Venera 4s controversial, or supposed landing, on Venus, it provided important scientific insights.

Venera 4 carried a number of instruments on board designed to collect data relevant to the characterization of Venus atmosphere including gas analyzers, an altimeter, thermometers, a barometer, an atmospheric density gauge, and radio transmitters. All of these were contained within a 844-pound lander probe.

The main bus that had carried the lander and detached from it prior to its descent through the Venusian atmosphere measured that the planet had a weak magnetic field, but detected no radiation belts.

Prior to Venera 4, the temperature, pressure, and composition of the atmosphere were largely up for debate. While it was largely thought the planet was hot, one paper from MIT proposed that Venus was experiencing an ice age. Estimates for surface pressures ranged from several to thousands of atmospheres.

Finally, on October 18, 1967, Venera 4s lander entered the Venusian atmosphere. The space probes cabin decelerated 300 Gs upon descent and its heat shield reached temperatures of 19,830 degrees Fahrenheit. But it returned valuable information for future Soviet missions to Venus, including successful landers.

To sum up, it was the first in situ confirmation that Venus' lower atmosphere was indeed very hot (something that was suggested from prior remote microwave observations), Emmanuel Marcq tells Inverse. Marcq is a professor in atmospheric science at Universit de Versailles Saint-Quentin en Yvelines (UVSQ) and at Laboratoire Atmosphres, Milieux, Observations Spatiales (LATMOS) who specializes in telluric atmospheres and particularly the atmosphere of Venus.

It did pave the way for later missions that could reach and operate at the surface, like Venera 9 and 10 in 1975 (more historically significant in my opinion: first pictures taken from the surface of another planet, a few months before NASA's Viking pictures from Mars), Marcq says.

The data had been useful in 1967 to validate the atmospheric models that scientists had already predicted for the planet, but in the same sense that the geologic data from Venera 8 is still used for studies today, can data from the Venera 4 be helpful in the same way?

The fact that it was a Soviet mission more than 50 years old does not help in that regard (even some data from Apollo or later Viking missions cannot be read anymore because the digital file formats used back then were not documented and the scientists/engineers involved are now retired and/or dead...), said LeMarcq.

Venera 4 was a leap forward at the time, providing important data for scientists and meant big strides in aeronautical engineering. Fifty-five years later, it still has its place as a major landmark in space exploration history and serves as a reminder of revisionist history.

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55 years ago, Russia changed spaceflight forever and lied about it a little - Inverse

Pittsburgh’s Moonshot Museum offers a window into space exploration by inviting you to be part of it – Fox Weather

Sam Moore, Executive Director of the Moonshot Museum, joined FOX Weather to give a preview of the museum as it opens on Saturday.

PITTSBURGH A visit to the new Moonshot Museum in Pittsburgh is all the convincing you should need that Western Pennsylvania is about to enter the same class as well-known space towns such as Houston, Cape Canaveral and Huntsville with storied roles in spaceflight.

Focusing on the achievements of present and future space exploration, the Moonshot Museum is the only place in the country where you can watch engineers in a clean room work on a robot destined for another world without special access.

That experience is possible because the museum is located within Astrobotic's headquarters on Pittsburgh's north side. The lunar logistics and robotic company set aside 3,000 square feet to make room for the nonprofit museum and provide a window into their work.

"The real spark is when people step into the space for the first time, and they go, 'Oh, you weren't kidding. I am 10 feet away from a lunar spacecraft right now. I am waving through the glass to the engineers who are building, technicians who are building the spacecraft on the other side of the glass.'" Moonshot Museum Executive Director Sam Moore said.

ULA TARGETS EARLY 2023 FOR FIRST VULCAN ROCKET LAUNCH FROM CAPE CANAVERAL WITH MOON LANDER

Astrobotic is currently targeting early 2023 to launch the Peregrine moon lander, a mission that will carry the first NASA payloads to the moon under the Artemis program, setting the stage for a human landing in 2025.

Astrobotic engineers work on the Peregrine lunar lander at the company's headquarters in Pittsburgh, which is also home to the Moonshot Museum where visitors can see views into the cleanroom. (Image credit: Astrobotic)

Astrobotic's mission control is also located in the same building. During a mission, the museum will transform to be a seat at the table in mission control. All the screens in the building will carry a live feed from mission control, and the museum has events planned around the Peregrine moon landing.

The museum held a few soft openings ahead of the grand opening Saturday. The reactions so far validate the unique experience now open to everyone.

Moore said a local college student and space enthusiast became emotional when she saw the clean room for the first time.

"That moment where she could come in and stand on the other side of the glass. Take a look at this work that's happening behind me," Moore said, pointing to the clean room. "It was an overwhelming moment for her, and it was very, very cool to be here for that."

Among the goals of the nonprofit museum is to make sure their guests know there is a place in space for them, especially visiting students of all ages. While astronauts and rocket scientists are well-known career paths, making any space mission possible requires many different jobs.

"The reality is that it takes folks who can work on HVAC systems, and it takes folks who can market the space industry," Moore said. "It takes policymakers, and it takes designers to inspire the next generation of spacecraft."

A visitor to Moonshot can experience real space industry challenges, including assembling a lunar lander, finding a site for a moon base and learning how to survive in the lunar environment. The concept is that each interactive exhibit will introduce visitors to real careers within the space industry.

The Moonshot Museum has partnered with Pittsburgh Public Schools, Carnegie Mellon University, Saint Francis University and STEM education nonprofits to develop student-driven experiences. Moore said the museum will work specifically with both middle school and high school students to make sure those students know that, "space is on the menu for them in Pittsburgh."

"We want to get people up close to this work," Moore said. "We want them to find their place in the future of space exploration, and we want them to leave knowing that this is happening here in their backyard and that they can be involved in it."

The museum will be open Wednesday through Sunday from 10 a.m. to 4 p.m. Admission is $10 for adults, $5 for children and free for children 2 and under.

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Pittsburgh's Moonshot Museum offers a window into space exploration by inviting you to be part of it - Fox Weather

NASA to Host In-Flight Interview with First Indigenous Woman in Space, Nicole Aunapu Mann – Native News Online

Tomorrow, people around the world will get the chance to see the first-ever Indigenous woman in space in a live-streamed in-flight interview withNicole Aunapu Mann (Wailacki of the Round Valley Indian Tribes).

NASA selected Mann to become an astronaut in 2013. She is a California native with a Bachelor of Science in Mechanical Engineering and a Master of Science in Mechanical Engineering. Mann is a Colonel in the U.S. Marine Corps and served as a test pilot in the F/A-18 Hornet and Super Hornet. Additionally, she deployed twice aboard aircraft carriers to support combat operations in Iraq and Afghanistan.

I didnt figure that out until a little bit later on in life as a young girl growing up in Northern California, Mann said. I was certainly interested in math and science, but I didnt really realize that being an astronaut was in the realm of possibility. So it wasnt until I was flying jets in the Marine Corps, looking at my future career options, that I started looking at potentially becoming a test pilot and, from there, an astronaut. It took me a little time to get it all figured out.

Do you appreciate a Native perspective on the news?

For the past decade-plus, weve covered the important Indigenous stories that are often overlooked by other media. From the protests at Standing Rock and the toppling of colonizer statues during the racial equity protests,to the ongoing epidemic of Murdered and Missing Indigenous Women (MMIW) and the past-due reckoning related to assimilation, cultural genocide and Indian Boarding Schools, we have been there to provide a Native perspective and elevate Native voices.

Our news is free for everyone to read, but it is not free to produce. Thats why were asking you to make a donation this month to help support our efforts. Any contribution big or small helps us remain a force for change in Indian Country and continue telling the stories that are so often ignored, erased or overlooked. Most often, our donors make a one-time gift of $20 or more, while many choose to make a recurring monthly donation of $5 or $10. Whatever you can do, it helps fund our Indigenous-led newsroom and our ability to cover Native news.

Donate to Native News Online today and support independent Indigenous journalism. Thank you.

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NASA to Host In-Flight Interview with First Indigenous Woman in Space, Nicole Aunapu Mann - Native News Online

All of the World’s Spaceports on One Map – Visual Capitalist

Ranked: The Worlds Most Surveilled Cities

This may come as a surprise, but it wasnt until 2007 that the global urban population overtook the rural population. At that time, the two groups were split nearly 50/50, with around 3.3 billion people apiece.

Today, the percentage of people living in urban areas has grown to over 55%, and is expected to reach 68% by 2050. Due to this trend, many of the worlds largest cities have become home to tens of millions of people.

In response to such incredible density, governments, businesses, and households have installed countless security cameras for various purposes including crime protection. To grasp the scale of this surveillance, weve taken data from a recent report by Comparitech to visualize the most surveilled cities in the world.

Excluding China for the time being, these are the worlds 10 most surveilled cities.

Figures rounded

The top four cities all belong to India, which is the worlds second largest country by population. Surveillance cameras are playing a major role in the countrys efforts to reduce crimes against women.

Further down the list are cities from a variety of countries. One of these is Russia, which has expanded its use of surveillance cameras in recent years. Given the countrys track record of human rights violations, activists are worried that facial recognition technology could become a tool of oppression.

The only U.S. city on the list is Los Angeles, which contains some of the countrys wealthiest neighborhoods and municipalities. That includes Beverly Hills, which according to the Los Angeles Times, has over 2,000 cameras for its population of 32,500. That translates to about 62 cameras per 1,000 people, meaning that Beverly Hills would finish at #2 in the global ranking if it were listed as a separate entity.

IHS Markit estimates that as of 2021, there are over 1 billion surveillance cameras installed worldwide. The firm also believes that 54% of these cameras are located in China.

Because of limited transparency, its impossible to pinpoint how many cameras are actually in each Chinese city. However, if we assume that China has 540 million cameras and divide that amongst its population of 1.46 billion, we can reasonably say that there are 373 cameras per 1,000 people (figures rounded).

A limitation of this approach is that it assumes everyone in China lives in a city, which is far from reality. The most recent World Bank figures suggest that 37% of Chinas population is rural, which equates to over 500 million people.

With this in mind, the number of cameras per 1,000 people in a Tier 1+ Chinese city (e.g. Shanghai) is likely far greater than 373.

Chinas expansive use of cameras and facial recognition technology has been widely documented in the media. These networks enable the countrys social credit program, which gives local governments an unprecedented amount of oversight over its citizens.

For example, Chinas camera networks can be used to verify ATM withdrawals, permit access into homes, and even publicly shame people for minor offences like jaywalking.

This might sound like a dystopian nightmare to Western audiences, but according to Chinese citizens, its mostly a good thing. In a 2018 survey of 2,209 citizens, 80% of respondents approved of social credit systems.

If youre interested in learning more about surveillance in Chinese cities, consider this video from The Economist, which explores the opportunities and dangers of comprehensive state control.

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All of the World's Spaceports on One Map - Visual Capitalist

From the Space Shuttle to Starship | 90.7 WMFE – WMFE

Backdropped by a blue and white part of Earth, space shuttle Discovery is featured in this image photographed by an Expedition 26 crew member as the shuttle approaches the International Space Station during STS-133 rendezvous and docking operations. Docking occurred at 2:14 p.m. (EST) on Feb. 26, 2011. Photo: NASA

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For three decades, the Space Shuttle program carried 355 astronauts into orbit on 135 missions.

And it took a team of thousands of engineers, technicians and other employees to keep the program flying. A new documentary When We Were Shutte tells the stories of those working behind the scenes and what the program meant to them.

Well speak with director Zackary Weil about the film.

Then, SpaceX is making progress on its Starship spacecraftand work continues here in Florida at the Kennedy Space Center. Well hear from NASA Spaceflight dot coms managing editor Chris Gebhardt about the latest from Starbase and KSC.

RSVP to the Thursday, October 20 screening of When We Were Shuttle at Kennedy Space Center Visitor Complex.

Your trusted news source for the latest Central Florida news, updates on special programs and more.

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From the Space Shuttle to Starship | 90.7 WMFE - WMFE

Where No Policy Has Gone Before: Insuring the Risks of Doing Business in Space – Workers Comp Forum

Richard Parker has 29 years of experience in the space industry. He is currently head of space insurance at Canopius and divisional president of Assure Space, an underwriting agency that provides space insurance, which he co-founded in 2011.

As we enter a new frontier of space development, the insurance industry is playing a key role in propelling space endeavors.

Considering that a typical telecommunications satellite in geostationary orbit costs around $200 million, and launching it into its proper orbit costs another $100 million, space insurance is essential for financing commercial space ventures.

Commercial human spaceflight has arrived. Rockets from companies run by Richard Branson, Jeff Bezos, and Elon Musk are regularly going to space. Massive satellite constellations in low-Earth orbit are being built to provide global satellite services.

And new commercial missions are being planned to return humans to the moon and to explore Mars by the end of the decade. These endeavors represent both opportunities and risks for space insurers.

Most space-related insurance to date has centered around the satellite services on which modern life increasingly depends.

In our interconnected, data-driven world, spacecraft provide a vital link in telecommunications and internet infrastructure. Satellites enable internet, television, banking, Earth observation, the Global Positioning System (GPS), weather, national defense, and communication between cell towers and networks in remote areas.

With increasing satellite launches driven by demand for broadband, the need to replace older satellites, and more regular resupply schedules for the International Space Station (ISS), considerable opportunities exist for space insurers.

Spacecraft and the rockets that launch them are becoming increasingly more complex, as are the business applications that ensure their seamless integration into our daily lives. This, combined with a limited number of launches per year and the potential for large losses, makes space insurance one of the most challenging types of insurance to underwrite.

In addition, two new challenges are significantly affecting the core business of space insurers.

The first is the risk of collision due to an increasing number of objects in low-Earth orbit. The deployment of over 2,000 satellites for Starlink and OneWeb into an already-congested environment containing both active and derelict satellites and rocket bodies has greatly raised the probability of collision. Recent anti-satellite demonstrations have added to the amount of both trackable and un-trackable debris in these orbits.

Potential regulation surrounding debris in low-Earth orbit is possible, as space debris could ultimately cause significant losses for space insurers and limit the use of certain orbits. How it will be cleaned up and who will fund these efforts could affect space insurance in terms of risk analysis and the potential to insure debris removal operations.

Tracking technology, automatic collision avoidance systems, debris removal, and in-orbit servicing also have the potential to reduce the risk of collision.

The second new challenge facing space insurers is the introduction of new launch vehicles. Several companies are currently developing rockets, both small and large.

For these vehicles to be commercially successful, they will need paying customers, who in turn will need insurance, for early flights. Insurers will then have to decide whether to insure the first, second, or third launch of a new rocket.

Renewed interest in space exploration, as well as the predicted rise of the space-for-space industry (when goods and services are produced in space for use in space), are fueling a number of emerging space endeavors. For example, NASA is working on multiple moon missions as a prelude to returning humans to the moon by 2024 and establishing a potential staging point for traveling onto Mars.

Many of these missions will be implemented by the commercial space industry. Their objectives will include mapping, demonstrating technology, and exploring the moons natural resources.

Many other countries are also working on moon missions; some will orbit the moon, others will land, and some will deploy rovers for detailed exploration. Canopius is already considering the requirements for space insurance for all or elements of these missions.

Space tourism is another new project. In addition to buying a seat on a commercial rocket into space, a private citizen can pay NASA to take a trip to the ISS.

To date, most space tourism has been funded by high-net-worth individuals who have not typically sought insurance. As additional players enter the market, they will need access to both insurance and funding for cutting-edge space projects.

The space insurance industry cautiously welcomes growth in commercial space endeavors. New launch vehicles, new satellite technology, and ambitious space missions require careful analysis of the design, manufacture, and testing of the hardware.

Underwriters need to be comfortable with the heritage, margins, and redundancy of these programs. Policy expertise is needed to ensure that the coverage is appropriate and addresses all potential scenarios. Financial modeling of individual space insurance risks and the overall space portfolio is necessary to calculate premium, establish strategy, and ensure results.

Much excitement in the space industry stems from innovative ideas that are pushing well beyond the boundaries of traditional space exploration or commercial satellite use.

Many space-related entrepreneurial business opportunities are being explored. Some of these include sending objects to space for the sole purpose of raising their value once back on Earth, increasing use of Earth observation combined with artificial intelligence, assembling spacecraft with components already in space, expanding the internet of things, and mining asteroids for materials to construct habitats or fueling stations.

Indeed, a boom in the space-for-space economy is not only possible, its expected. It may soon be possible to assemble commercial satellites in space, further reducing risk and launch costs. Again, insurers will facilitate these opportunities by providing coverage for the first-party physical loss of the assets involved, likely a requisite to secure funding.

Evolving legislation opens the possibility for additional space-related risks and resulting insurance implications. Increased regulation of the commercial space industry is imminent as the congressionally-mandated learning period surrounding space travel ends in 2023.

The commercial space industry, worried about onerous regulations slowing progress made in space travel, may be in direct opposition to those members of Congress who feel space travel should be regulated like commercial aviation.

Space insurance is important for both existing and future commercial space endeavors. It provides financial protection for current satellite operators, new entrepreneurs, and investors in an industry facing potential significant losses due to collisions in orbit, failure of launch vehicles or spacecraft, and loss of human life.

If insurers pull back from space by reducing exposures or coverage, or dramatically increasing premiums, the effect will be felt across the whole space industry. &

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Where No Policy Has Gone Before: Insuring the Risks of Doing Business in Space - Workers Comp Forum

NASA asteroid-sampling mission on track for delivery next year – Space.com

The spacecraft at the center of NASA's first asteroid sample return mission has altered its trajectory in preparation for its return to Earth next year.

On Sept. 21 OSIRIS-REx spacecraft fired its thrusters for 30 seconds for a course correction. This is the first time the spacecraft carrying a sample of the near-Earth asteroid Bennu has altered its trajectory since leaving the space rock on May 10, 2021.

Asteroids are made up of material that is left over from the beginning of the solar system and the formation of its planets, including Earth. Scientists hope that by studying the dust and rock OSIRIS-REx returns on Sept. 24, 2023, they could learn more about the building blocks of the solar system, and potentially even those of life itself.

Related: The greatest asteroid missions of all time!

The sample-return mission OSIRIS-REx, formally known as the Origins, Spectral Interpretation, Resource Identification, Security-Regolith Explorer, is tasked with completing what is far from a straightforward "parcel drop," according to NASA.

The spacecraft must approach Earth with a precise speed and in the right direction to deliver the capsule containing the sample collected from Bennu to the planet's atmosphere safely.

"If the capsule is angled too high, it will skip off the atmosphere," Mike Moreau, OSIRIS-REx deputy project manager at NASA's Goddard Space Flight Center in Maryland, said in a statement. "Angled too low, it will burn up in Earth's atmosphere."

Additional course corrections like this one, therefore, will be essential over the coming year to ensure that the success of the seven-year-long mission, which launched on Sept. 8, 2016, and arrived at Bennu on Oct. 20, 2020.

If OSIRIS-REx stayed on its current trajectory, the spacecraft would pass Earth at a distance of about 1,370 miles (2,200 kilometers), so in July 2023, the spacecraft will begin a series of steering maneuvers.

"Over the next year, we will gradually adjust the OSIRIS-REx trajectory to target the spacecraft closer to Earth," Daniel Wibben, trajectory and maneuver design lead with KinetX Inc., which partners with Lockheed Martin's team that steers the spacecraft, said in the statement. "We have to cross Earth's orbit at the time that Earth will be at that same location."

The process will bring the spacecraft to around 155 miles (250 km) of Earth's surface. This is close enough to release its sample capsule into the atmosphere for a parachute-guided precision landing at the Air Force's Utah Test and Training Range in the Great Salt Lake Desert.

Next, NASA personnel will take the returned cargo to a newly built and specially engineered curation lab at Johnson Space Center in Houston. Scientists will use equipment such as specialized gloveboxes, tools and storage containers, all of which are being designed to keep the sample from being contaminated, and thus remain as close as possible to how it was when it was collected by OSIRIS-REx. Samples collected by the mission will also be sent to teams of scientists across the world and a large sample will be preserved for future generations to study.

Not all of the OSIRIS-REx mission's Bennu findings must wait for the sample, however.

Even before the spacecraft reaches Earth next year it has delivered data that could teach researchers more about the asteroid.

In July, scientists announced that data gathered by OSIRIS-REx about the surface of Bennu revealed that the asteroid is so loosely packed that if the spacecraft had attempted to land on it rather than firing its thrusters to back away quickly, it would have sunk beneath the asteroid's surface.

OSIRIS-REx has also provided NASA with data that is important in calculating the potentially hazardous object's future orbit until 2300. This information could be crucial in determining if Bennu, which has a diameter of 1,200 feet (490 meters), could impact Earth after its close approach in 2135.

"NASA's Planetary Defense mission is to find and monitor asteroids and comets that can come near Earth and may pose a hazard to our planet," Kelly Fast, program manager for the Near-Earth Object Observations Program at NASA, said in a 2021 statement.

"We carry out this endeavor through continuing astronomical surveys that collect data to discover previously unknown objects and refine our orbital models for them," she added. "The OSIRIS-REx mission has provided an extraordinary opportunity to refine and test these models, helping us better predict where Bennu will be when it makes its close approach to Earth more than a century from now."

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NASA asteroid-sampling mission on track for delivery next year - Space.com

Bay Area’s ‘The Infinite’ VR show is tribute to light, space – SFGATE

A couple of ground rules for living on the International Space Station: You never wear shoes (socks are just fine), and there is no shame in existing among clutter.

From my perspective, as viewed through immersive virtual reality goggles and headphones while inside a warehouse in the East Bay, the astronauts who float above Earth inside the space station are shoeless and messy.

I saw hallways crammed with boxes like ice cubes at the bottom of a glass, and there were floating wires sprouting out from the walls. The casual atmosphere helped to acculturate me to an otherwise out-of-world experience.

SFGATE travel editor Silas Valentino wears a VR headset as part of "The Infinite," an immersive space experience currently housedinside the Craneway Pavilion on the Richmond waterfront.

Like a ghost of the space station, I watched as astronauts floated between their regular duties growing greens in space, pumping iron to keep their muscles active and gazing over continents on the nearby blue planet relying on a calculated schedule to keep them, well, grounded.

The space station makes 16 orbits of Earth in a 24-hour period. Meaning, the astronauts are traveling through 16 sunrises and sunsets a day. To keep their sanity and busy workload, they abide by a constant schedule. Sometimes they need a reminder to return to their sleep chamber, which is attached to the ceiling and straps them in.

At 254 miles above us, the astronauts are no longer earthlings, but that doesnt mean theyve sacrificed their humanity. And drawing this connection is exactly the goal of the exhibit. Dubbed Space Explorers: The Infinite,the VR experience occupies part of the Craneway Pavilion in Richmond, which was once a Ford assembly plant located along the Richmond shoreline.

Astronaut Joseph R. Tanner, STS-115 mission specialist, waves toward the digital still camera of his spacewalk colleague, astronaut Heidemarie M. Stefanyshyn-Piper as the two share extravehicular activity (EVA) duties during the first of three scheduled spacewalks. The STS-115 astronauts and the Expedition 13 crewmembers are joining efforts this week to resume construction of the International Space Station.

Customers of The Infinite try out there headsets at Craneway Pavilion in Richmond on Thursday Oct. 13, 2022.

SFGATE culture editor Dan Gentile wears a VR headset as part of The Infinite, an immersive space experience currently housedinside the Craneway Pavilion on the Richmond waterfront, on Thursday Oct. 13, 2022.

A scene from VR scenes of The Infinite, an immersive space experience currently on display at Craneway Pavilion.

Footage from the International Space Station, upper left and lower right, is showcased in "The Infinite," which attendees view through a VR headset. (Images courtesy of The Infinite & by Charles Russo/SFGATE) Footage from the International Space Station, upper left and lower right, is showcased in "The Infinite," which attendees view through a VR headset. (Images courtesy of The Infinite & by Charles Russo/SFGATE)

The exhibition opened last week and will run until the end of the year, with the possibility of an extension. A joint venture of PHI Studio and Felix & Paul Studios, Space Explorers: The Infinite is a traveling circus that uses state-of-the-art technology (in particular, the Oculus Quest 2 headset) to place attendees inside the space station.

Each person is given a headset, and after a bit of fun initiation including a voiceover explaining how we are all a tribute to light and space you enter a large room with lightly padded flooring. After settling into your digital visuals, youre taught to avoid the red lines that indicate the barrier and to avoid stepping too close to other humans.

Jenna Starkey of San Francisco tries on the VR headset at "The Infinite," an immersive space experience currently housedinside the Craneway Pavilion on the Richmond waterfront.

The experience is broken up into four sections that softly guide you along to experiencing everyday life on the International Space Station. The finale has you seated in a theaterlike chair to sit back and view a spacewalk outside the station and above Earth.

The experience ends up becoming one part Neil Armstrong and one part P.T. Barnum. It is a dazzling outing and even brought a member of my group to tears by the time we returned to Earth.

Tickets for adults range from $44 on weekdays to $54 on weekends, and for children ages 8-12, its $24 on weekdays and $29 on weekends. The experience is wheelchair accessible and lasts for about an hour.

An advertisement on the exterior of the Craneway Pavilion in Richmond advertises "The Infinite," an immersive space experience currently housed inside.

Compared to Jeff Bezos Blue Origin (where a seat on a 2021 space flight was auctioned off for $28 million) or Virgin Galactics SpaceShipTwo (for which tickets are $450,000), the $54 ticket price for The Infinite feels manageable for the rest of us.

The experience is based on the series Space Explorers: The ISS Experience, which is billed as the largest production ever filmed in space, and its producers are not hyperbolic. Felix & Paul Studios worked with Time Studios to collaborate with the U.S. International Space Station National Laboratory, NASA and five other international space agencies.

The footage you see was shot over three years to compile more than 250 hours of virtual reality footage. The visual insights into life in space are parsed down into 60 mini clips that attendees activate by slapping at a glowing orb. To watch all 60 orbs would take at least two hours, and you really only have 35 minutes to spend inside the experience a wise marketing move by the producers to lure visitors back.

Attendees explore virtual space inside the Craneway Pavilion in Richmond as part of "The Infinite" on Oct. 13.

The show was designed and constructed in Montreal. For footage, the producers communicated with NASA in Houston to send directives to the astronauts on the space station. This was perhaps the most elaborate movie shoot of all time, and to top it off, the Canadarm contributed to some of the exterior shots from outside the space station.

Once the exhibit was finalized, it premiered in Montreal in July 2021, staying until November 2021. The plan is to stop in three cities per year until 2026. Prior to the Bay Area, the tour stopped in Houston and Tacoma, Washington.

Co-CEO Eric Albert told me it takes three weeks to set up each installation, and they hire about 50 people from each city to help put on the show. He added that the show is continuously evolving and adding or subtracting video clips for the orbs.

The Bay Area is the first to see a new clip from September 2019 of the astronauts gathering around the dinner table on the space station to celebrate one of the International Space Station crew members. Astronaut Hazza Al Mansouri from the United Arab Emirates was gifted a harmonica by one of his crewmates.

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Hazza, I know its not your birthday, he begins to say before another astronaut cuts him off.

Every day is your birthday in space! she says, as the crew continues floating in the most peculiar way.

A scene from "The Infinite," an immersive space experience currently on display at the Craneway Pavilion in Richmond.

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Orbex raises $63 million to help fund 1st vertical rocket launch from UK – Space.com

More money is pouring into the race to launch the first vertical rocket from the United Kingdom.

Scotland's Orbex received 40.4 million (roughly $63 million) in a Series C fundraising round as satellite launch activity accelerates rapidly in the region via companies like Virgin Orbit, Lockheed Martin and Astra.

Orbex CEO Chris Larmour stated Tuesday (Oct. 18) that his company has made "significant" strides in getting its environmentally friendly small-satellite launching rocket ready for action after the booster, called Prime, was unveiled to the public in May.

In photos: First look inside Orbex's Scotland rocket factory

Orbex has already notched numerous milestones including new customers, more manufacturing and "rapid development and testing" of Prime, Larmour said in the statement. "We're delighted to have closed this new funding round led by the Scottish National Investment Bank," he added.

Orbex has said it wants to get its Prime rocket off the ground later this year at Space Hub Sutherland, a new spaceport in northern Scotland that received planning permission in August 2020.

The 62-foot (19-meter) Prime is just one of a set of rockets competing for the small satellite business in the United Kingdom, however. The race to launch space rockets from the U.K. has attracted a clutch of companies seeking to prove not only business smarts, but environmental sensitivity as they launch in protected coastal areas or near heritage monuments.

Related: The UK really wants commercial spaceports. Will they see rockets fly in 2022?

A veteran Scottish rocket startup, Skyrora, plans orbital launches in 2023 from the Shetland Islands' SaxaVord Spaceport, using the 74-foot (22.7 meters) Skyrora XL. Skyrora has sent smaller rockets aloft before, but failed a debut vertical rocket launch to suborbital space earlier this month in Iceland with the 36-foot (11 m) Skylark L. Skyrora sent a shipping container to the Icelandic launch site with all the necessary rocket launch materials to make minimal mark on the coastal landscape, the company said at the time.

Lockheed Martin and its launch partner, ABL Space Systems, had hoped to launch into space from SaxaVord in 2022, but development and regulatory delays forced a slip into next year, according to SpaceNews (opens in new tab). ABL has yet to perform a test launch of the RS1 rocket from Kodiak Island in Alaska, which was initially slated for early 2022.

ABL may be close to that test launch; the usually quiet company announced via Twitter (opens in new tab) in September that they are finalizing their launch window with the U.S. Federal Aviation Administration. Last week, ABL released footage (opens in new tab) of a test fire of their E2 engines for an expected RS1 flight in Mojave, California.

Even Astra, a company based in California, is eyeing SaxaVord with hopes to launch ahead of the competition. The company already sent rockets to space from Kodiak Island and from Cape Canaveral, Florida. SaxaVord would offer even more orbital options for existing clients and launches may happen there as soon as 2023, Astra has said.

Related: Spaceport construction set to begin on UK's northernmost island

Horizontal launch capability is also coming to the UK soon. Virgin Orbit, which aims to send satellites into space from a horizontal rocket flying aboard a modified 747 plane known as Cosmic Girl, is readying to launch within weeks from another startup spaceport in Cornwall, on the southernmost tip of British land.

A quieter competitor, Black Arrow Space Technologies, is working on horizontal rocket launches using a repurposed crude bulk carrier near the coast of Wales. It is aiming for a maiden launch in 2023 using a small rocket to launch into low Earth orbit, with plans to heft as much as 5.5 tons (5 metric tons) on a larger launcher sometime down the line.

Outside of the U.K. there are even more European companies racing for orbital business, such as Bavaria's Rocket Factory Augsburg and Munich's Isar Aerospace, both of which have 2023 launches on the roster. Examples of other European competitors include HyImpulse, which is a spinoff from the German Aerospace Center, and Spain's PLD Space for suborbital launches.

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Orbex raises $63 million to help fund 1st vertical rocket launch from UK - Space.com

New Publication from Exosome Diagnostics Demonstrates Proof-of-Concept for Monitoring Astronaut Health in Space – Yahoo Finance

Study indicates that noninvasive exosome-based liquid biopsy would be feasible for monitoring health and disease in people traveling in space

MINNEAPOLIS, Oct. 18, 2022 /PRNewswire/ --Bio-Techne Corporation (NASDAQ: TECH) today announced that Exosome Diagnostics, a Bio-Techne brand, has reported results from a proof-of-concept study for a novel exosome-based platform that could monitor key biological changes in astronauts in space. The peer-reviewed publication was issued in npj Microgravity, a Nature publication.

Astronauts who return from microgravity environments in space often suffer from vision impairment, intracranial pressure, and other health problems that are not well understood. Collectively, these symptoms are known as spaceflight-associated neuro-ocular syndrome (SANS). As astronauts are sent on longer missions, and as commercial spaceflight allows non-astronauts to reach microgravity, there is increasing demand for research into the biological mechanisms responsible for SANS and a reliable technique for diagnosing the syndrome.

Exosomes are particles packed with molecular cargo, including proteins and RNA, that are released by cells as part of a natural cell-to-cell communication system. Their molecular contents can reveal important information about health and disease. Exosomes are found in bodily fluids such as blood, cerebrospinal fluid, and urine. They can be accessed with noninvasive liquid biopsy methods, making them an ideal solution to the challenge of monitoring dynamic changes in astronauts traveling in space.

In the study reported in npj Microgravity, scientists from Exosome Diagnostics, Baylor College of Medicine, and NASA contractor KBR demonstrated that exosomes could be extracted from biofluids collected at the International Space Station and stored for future analysis, and that their molecular contents could reveal transcriptome-wide information about key pathways that could shed light on SANS.

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"Exosome Diagnostics has spent years developing and optimizing a platform for whole-transcriptome profiling based on exosome isolation and analysis. Our platform is designed for noninvasive monitoring of health and disease with a depth and breadth that are not possible using other approaches," said Johan Skog, Chief Scientific Officer and Vice President at Exosome Diagnostics. "We have worked closely with NASA to ensure that this technology will be applicable for space travelers, who are exposed to microgravity, different air composition, and radiation. This demonstration clearly shows that exosome-based analysis is a feasible and powerful approach for longitudinal monitoring of the dynamic biological changes that may arise from those conditions."

"We are excited about the potential for our technology to keep astronauts healthier, and also believe that our multi-analyte exosome analysis platform will enable a wide range of precision medicine applications here on Earth," said Kim Kelderman, President of the Diagnostics and Genomics Segment at Bio-Techne. "With an extremely robust and reproducible workflow, our approach to exosome analysis is useful for any research group interested in pathway profiling, patient stratification, and biomarker development."

Paper cited: Chakrabortty, S.K., Khodor, Y.L., Kitchen, R.R. et al. Exosome based analysis for Space Associated Neuro-Ocular Syndrome and health risks in space exploration. npj Microgravity 8, 40 (2022). https://doi.org/10.1038/s41526-022-00225-4https://www.nature.com/articles/s41526-022-00225-4

About Bio-Techne Corporation(NASDAQ: TECH)Contact: David Clair, Vice President, Investor Relationsdavid.clair@bio-techne.com612-656-441

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New Publication from Exosome Diagnostics Demonstrates Proof-of-Concept for Monitoring Astronaut Health in Space - Yahoo Finance

Kings Island plans major announcement Wednesday: What it could be – WCPO 9 Cincinnati

MASON, OhioKings Island has done it again.

Cincinnati's favorite theme park has tweeted that they will announce something new for 2023 on Wednesday, without giving any hint about what it could be.

"What's new for 2023? Visit our website tomorrow to find out! Let the speculation begin," the park tweeted with a photo of the Eiffel Tower.

So we took up their offer and decided to speculate.

Why it probably won't be a roller coaster

While fans would love to see a new roller coaster, possibly to fill the empty space where Vortex once stood, that seems unlikely. Why? Because every time they announced a major coaster in the past decade, the park put out teasers weeks in advance.

Think about the posters hinting about space flight before Orion's announcement in 2019. Or all the teasing about axes, and broken wood, before the Mystic Timbers announcement in 2016.

A coaster rollout usually comes after a whole season of clues, and there have been none this year.

A flat ride?

Some coaster enthusiasts have speculated that Kings Island could get a new "flat" ride, or ground-based ride in 2023, that might possibly replace Sling Shot, the capsule on steel cables that was removed back in May.

Currently, that is just a big empty space near Adventure Express.

In addition, with parent Cedar Fair closing its California's Great America theme park near San Francisco, it is already moving some of those rides to other parks. Kings Island could get one of them.

Planet Snoopy revamp to "Camp" Snoopy

This one is getting some buzz, because several Cedar Fair parks have rebranded Planet Snoopy as Camp Snoopy the last few years.

Among them, Cedar Point and Carowinds, where the children's area has been repainted, spruced up, and turned into a summer-camp like environment.

Kings Island has not made many changes to Planet Snoopy in recent years: it might be time for an update.

Year-round operations?

This one was getting the most talk on Tuesday on Kings Island discussion boards, such as KI Central.

It is possible the park will add some weekend operations in January, February and March to make it officially a "year-round" park.

Why? Because sister parks Carowinds and Kings Dominion this week just announced they will be going to year-round ops.

And Kings Island doesn't want to sit there, closed, while Kings Dominion is running rides. After all, Kings Dominion has always been looked at as Kings Island's "kid sister."

Of course, the weather in Mason is a lot colder in January than in Charlotte, NC.

So the park would probably not be able to operate much more than it does during Winterfest, which means Mystic Timbers and Flight of Fear.

But Kings Island said "let the speculation begin," so we speculated.

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Kings Island plans major announcement Wednesday: What it could be - WCPO 9 Cincinnati

The View from ARK Invest: A Discussion with Simon Barnett and Ali Urman – Genetic Engineering & Biotechnology News

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During the recent biotechnology financing boom, investors pumped billions of dollars into startups across specialties ranging from cell and gene therapy to cancer immunotherapy and CRISPR genome editing. But that boom has given way to a bear market in the past year.

Simon Barnett and Ali Urman are senior analysts with ARK Invest, an investment management firm that specializes in public companies with a bent for innovation. Because public markets remain dry, ARK is now also looking to invest in private companies as well.

In this discussion with GENs Fay Lin, PhD, and Alex Philippidis, Simon Barnett and Ali Urman explain how ARK Invest came to focus on disruptive public companies, how the firm approaches advancing innovation in its portfolio companies, and their search for startups with promising technologies and enough business expertise to commercialize them. The pair also describes how the new ARK Innovation Center in St. Petersburg, Florida, will allow the firm to accelerate the growth of early-stage companies in the area.

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The Best Online Gambling Sites for 2022 – casino

Whether you live miles from Las Vegas, or even your nearest casino or bookmakery, the truth is most land-based casinos and sportsbooks can't compete with what online casinos and gambling sites have to offer. Internet gambling can provide hassle-free sign-ups, super-quick banking and a choice of games and sports betting opportunities you won't find in a live setting.

Gambling online offers a huge selection of games that you can try out for free first. Lots of casinos even have sportsbooks, bingo and poker rooms attached. Funds can easily be transferred from one tab to another, giving real-money players in USA even more choice. Simply log into your preferred casino or sports betting website to play hundreds of slots games, craps, blackjack and roulette, or have a bet on the big football match or UFC fight.

Online gambling sites offer lucrative welcome bonuses to new players. These bonuses give you hundreds of dollars, pounds or Euros in free cash in return for choosing them as your number one casino or bookmaker. You may get free spins on the latest slot, or free bets to use on specific sports events, which are great ways of earning real money with minimal risk.

All online casinos and sportsbooks abide by the strictest security standards. Regulated online gambling sites use industry-standard 128-bit or higher encryption to protect players. They also have independent auditors in place to test the software before it hits the market. Auditors make sure that a casino site's payouts are accurate on a regular basis.

Players across the globe can log in to a gaming account from their mobile device and access the best in sportsbooks, table games and slots. This means you can play for real money at a time and place to suit your needs. All the sites we recommend have optimised their mobile gaming experiences, so check out our shortlist and download the top gambling app for your smartphone, whether youre playing on iPhone, iPad or Android.

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The Best Online Gambling Sites for 2022 - casino

Online Gambling Market – Mordor Intelligence

Market Overview

The online gambling market is projected to record a CAGR of 11.49% during the forecast period (2022-2027).

The COVID-19 pandemic positively impacted the market, as consumers turned more toward the online platform to bridge their financial, social, and psychological crises during lockdowns. With the COVID-19 outbreak, the demand for internet-based gambling worldwide increased due to the sudden shutdown of educational institutions and the rising adoption of the work-from-home culture. Several operators went digital in response to the closure of many gambling establishments. Many players expanded their online gambling offerings, and bingo operators moved their offerings online, positively impacting the market.

Casinos worldwide are predicted to have huge success due to the multi-layer taxation environment in the business. The rising trend for remote gambling is boosting the growth of the online betting market. The number of female consumers in casinos is also rising. The cashless mode of payment is more convenient for consumers, which is driving the online gambling market. Furthermore, various companies are concentrating on the advancement of innovative platforms to cater to several requirements and needs of the customers to achieve a competitive edge in the market.

Online gambling companies are significantly growing with their sports betting options, as it was legalized in the United States by the Supreme Court in 2018, which is boosting the market. For instance, in 2021, Entain PLC declared the launch of Gambling Responsibly America in the United States, a trustworthy gaming app. This app has a tool to assist and support consumers. It also has educational resources to help consumers if they face any gambling issues. In the Netherlands, the government proposed the latest regulation in July 2020, which modernizes the outdated gambling law that offers extra tax revenue and effective prevention against addiction and ensures only fair games, which are offered to around 2 million players among the Dutch public.

Online gambling is typically betting on casino or sports-type games over the internet. The online gambling market has been segmented by game type, end user, and geography. For each segment, the market sizing and forecast have been done based on value (USD million).

Report scope can becustomized per your requirements. Click here.

The rising adoption of mobile and online payment gateways made payment options convenient for consumers and online players. Online payment provides a safe and secured mode of transaction, which is accepted by the online gaming industry. This factor is boosting the growth of the online gambling market. The online betting segment is predominantly rising with the online sports category, especially in football events, such as the FIFA World Cup and the European championships. Many online sports betting companies are sponsoring different teams as a part of their marketing initiatives by acquiring or merging with several companies for strategic expansions. In August 2021, DraftKings Inc. and Golden Nugget Online Gaming Inc. entered a definitive agreement for DraftKings and acquired Golden Nugget Online Gaming in an all-stock transaction. The acquisition enabled DraftKings to leverage Golden Nuggets well-known brands (iGaming) product experience and the existing database of more than 5 million customers.

To understand key trends, Download SampleReport

The current legislative framework for online betting in the United States allows only bookmakers licensed in Nevada, Pennsylvania, and New Jersey to operate legally, as these are the three states where online betting is regulated. Pennsylvania is the fourth and biggest state to legalize and regulate online gambling. There are various types of online casinos, sportsbooks, and online sports betting apps live in New Jersey. New Jersey's Division of Gaming Enforcement oversees and regulates New Jerseys online gaming sites. It handles licensing for the sites, tax revenue collection, and game testing and approval. New Jersey is currently the largest market for regulated online gambling in the United States. Canada is largely an unregulated country in terms of online gaming. At the same time, Mexico is reviewing its gambling laws intending to regulate the online gambling sector to align with the rest of the nations gambling industry. Therefore, the increasing regularization of online gambling in the North American countries and their respective states is expected to drive the market further.

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The casino gambling market is highly fragmented and comprises regional and global players. Key players like Bet365, Entain PLC, The Flutter Entertainment PLC, and Kindred Group PLC dominate the market. Major players are focusing on mergers and acquisitions, partnerships, and product innovations to expand their presence in the market and enhance their brand portfolio to cater to consumer preferences. Merger and acquisition is the most preferred strategy in the online gambling market, followed by expansion. Key players compete on various factors, including offerings, quality of gambling content, user experience, brand equity, personalized payoffs, and access to various platforms. Advanced distribution network and manufacturing expertise give an upper edge to the manufacturers to expand their range of products worldwide.

1. INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Porter's Five Forces Analysis

4.3.1 Threat of New Entrants

4.3.2 Bargaining Power of Buyers/Consumers

4.3.3 Bargaining Power of Suppliers

4.3.4 Threat of Substitute Products

4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

5.1 By Game Type

5.1.1 Sports Betting

5.1.1.1 Football

5.1.1.2 Horse Racing

5.1.1.3 E-sports

5.1.1.4 Other Sports

5.1.2 Casino

5.1.2.1 Live Casino

5.1.2.2 Baccarat

5.1.2.3 Blackjack

5.1.2.4 Poker

5.1.2.5 Slots

5.1.2.6 Others Casino Games

5.1.3 Lottery

5.1.4 Bingo

5.2 By End User

5.2.1 Desktop

5.2.2 Mobile

5.3 By Geography

5.3.1 North America

5.3.1.1 United States

5.3.1.2 Canada

5.3.1.3 Mexico

5.3.1.4 Rest of North America

5.3.2 Europe

5.3.2.1 Germany

5.3.2.2 United Kingdom

5.3.2.3 Russia

5.3.2.4 France

5.3.2.5 Spain

5.3.2.6 Italy

5.3.2.7 Rest of Europe

5.3.3 Asia-Pacific

5.3.3.1 Oceanic Countries

5.3.3.2 Rest of Asia-Pacific

5.3.4 Rest of the World

5.3.4.1 South America

5.3.4.2 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

6.1 Market Share Analysis

6.2 Strategies Adopted by Players

6.3 Most Active Companies

6.4 Company Profiles

6.4.1 Betsson AB

6.4.2 888 Holdings PLC

6.4.3 Sport Pesa

6.4.4 Kindred Group PLC

6.4.5 Entain PLC

6.4.6 William Hill PLC

6.4.7 Bet365

6.4.8 LeoVegas AB

6.4.9 Flutter Entertainment PLC

6.4.10 1X Corp. NV

*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. IMPACT OF COVID-19 ON THE MARKET

**Subject to Availability

What is the study period of this market?

The Online Gambling Market market is studied from 2016 - 2027.

What is the growth rate of Online Gambling Market?

The Online Gambling Market is growing at a CAGR of 11.49% over the next 5 years.

Which region has highest growth rate in Online Gambling Market?

North America is growing at the highest CAGR over 2021- 2026.

Which region has largest share in Online Gambling Market?

Europe holds highest share in 2021.

Who are the key players in Online Gambling Market?

Flutter Entertainment PLC, Entain PLC, BETSSON AB, Bet365, Kindred Group PLC are the major companies operating in Online Gambling Market.

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Online Gambling Market - Mordor Intelligence

Key differences between online and land-based casino – Auralcrave

Millions of people around the world are addicted to gambling. And for some of them, this activity became not just a hobby, but a stable source of income. Even in the last century, it was the only place where you could enjoy gambling in Australian online casino real money 2022. But thanks to modern technologies, thousands of online casinos operate on the market, which open up new opportunities for players. Lets look at the main differences between these gambling establishments and decide which option is best.

A casino is a place where players can enjoy their favorite gambling games: slots, slot machines, table card games and many other entertainments. Every year, such establishments offer more and more options for entertainment, and online casinos can boast an even more diverse game library.

The principle of operation of an Internet casino coincides with a stationary casino, but all games here are virtual, and monetary operations are carried out with the help of a computerized system. But here too, players can interact with real people thanks to games with live dealers.

There are still many old-fashioned people who play exclusively in land-based casinos. This allows them to truly relax, forget about the hustle and bustle and enjoy the refined atmosphere. But technological progress does not stand still. With the help of the Internet, people have the opportunity to play at any convenient time and in any convenient place. Every year, more and more gamblers prefer online gambling. Thanks to the focus on mobile devices, new opportunities and freedom are opening up for players. Below we have discussed in detail the features, advantages, and disadvantages of these two types of casinos.

You can also read Will Macau Ever Be The Worlds Casino Capital Again?

Lets consider the main advantages of online casinos that operate on the Internet:

But are online casino services suitable for everyone? Such a virtual gaming platform is ideal for people who value their time, want to enjoy a wide selection of entertainment and big winnings. But there may be a lack of real communication and social connections, because mostly you will interact only with the computer.

Stationary casinos boast a long history. For a long time it was entertainment for influential and wealthy people who wanted to enjoy luxurious surroundings, quality service and socializing with other wealthy guests.

Visiting a real casino, you can enjoy the luxurious environment, elegant interior and colorful slot machines. You will have the opportunity to touch the buttons, hold the chips in your hands, listen to the sounds of slots and the inspired conversations of other gambling enthusiasts.

Only in a stationary casino you can enjoy such an incredible atmosphere, music, and atmosphere. In addition, here you will have the opportunity to establish your social connections and make new useful acquaintances. Popular influential casinos provide their customers with additional services. Here you can visit a bar, enjoy delicious dishes in a restaurant or even spend the night in a luxury hotel.

And no matter what variety of games and comfort online casinos provide, they will never allow you to experience such an experience and get unbelievable emotions. Stationary casinos are full of neon lights, red carpets and exquisite furniture. Here, under the highest ceilings, the spirit of adrenaline and excitement seems to be hovering. Therefore, many continue to play exclusively in land-based casinos.

If you value personal communication, new acquaintances and meetings with real people, you will definitely get unforgettable emotions from visiting a stationary casino. You may not get huge winnings, but you can enjoy a sophisticated atmosphere and pleasant company. But if you value your time and do not want to leave the house once again, then an online casino is an ideal alternative. Its a convenient, versatile and secure method to help you enjoy your favorite games anytime, anywhere.

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Key differences between online and land-based casino - Auralcrave

Does Your Choice of Music Matter When Playing Online Casinos? – Substream Magazine

People often consider the image of a roulette wheel or slot machine when they hear the word gambling. People also frequently refer to video poker machines when discussing the game. However, many people overlook the critical role theme plays in gambling. Music for slot titles is typically referred to as gambling themes. Software companies and academic studies confirm that playing music while playing a video game improves the overall experience. Playing a game without music, however, is just not as effective. Casino titles are in a fantasy world where players can forget their daily worries. People playing games at online gambling websites want to focus on simply relaxing and unwinding. They typically choose this entertainment option because it offers them that effect. So heres what gambling music does to gamers.

The Impact of Music on Game Development

Music that speeds up or changes tempo can reduce stress levels for players. This reduces the chances of them experiencing fear when playing, which leads to a decreased likelihood of anger when they lose. Since this tempo change increases gamblers payouts, its considered a positive effect on their game. Software developers must find the right balance when creating music to encourage motivation and keep anger in check. This is because a fast theme increases listeners energy, making them more likely to spend money. Playing titles past their imposed time limits encourage extended play time at the pay by phone casino and deposit a more significant sum. Players feel inspired to make impulsive decisions when listening to slow music.

Music has a significant effect on how someone acts, as well as its ability to calm someone down. Playing themes with exceptional jazz qualities can have this effect, which leads people to stay in a game longer. Playing the game with a soft theme helps players become more comfortable and feel at home in their game world. This leads to them spending more time playing and feeling less stressed. It also causes their heart rate to decrease and move to a lower zone. Playing cards longer than usual and being relaxed while doing so positively affect players risk assessment. Additionally, playing cards longer than normal makes the player feel good, which leads to increased pleasure and the likelihood of them returning to play.

The Style of Slot and Casino Music

Casino slot games come equipped with a wide variety of music tracks. This means choosing music for a casino slot game can help players focus and relax, leading to increased profitability for casinos. Additionally, choosing a theme for a casino slot game can help players stay longer since it helps them focus on the game. Music is often chosen for specific game themes. For example, popular rock bands might create themes for slot machine titles. This is because most games use music to represent the theme. Slot machines allow rock music fans to express their individuality through the titles they play. Many slots based on famous rock bands like Guns N Roses and KISS are wildly successful thanks to the inclusion of the theme. Music plays an integral role in rock culture, and slot players happily accept this fact.

The Sense of Excitement and Mystery

Casino games have an always-on background theme that causes players to remain on their toes. Thanks to the continuous soundtrack, this helps people be creative and think outside the box. Even the most focused player, when playing slots or blackjack, isnt able to tune out the music. Many online slots utilize themes and graphics to create a sense of realism. These features are intended to help players get used to them before they start playing. Creating an immersive experience allows players to feel as if theyre in a creepy forest or the interior of Mount Olympuss ancient gold mine. This was done to normalize players experiences before they started playing. Music has a dramatic influence on how people act and interact. As such, its an essential part of modern culture. You can perform at phone systems and casinos from the safety of your own home. The theme you play through your home stereo system affects peoples moods and behavior.

Affecting the Players Choices

People have different tastes and preferences when it comes to games. Some people only like specific themes or titles, such as slot machines, blackjack, or poker. People with diverse tastes can be found in both music and art. Playing video titles can provide relaxation and a sense of accomplishment. Music can have a dramatic effect on a persons emotional state while they play a game. This may be difficult to notice, but it can cause someone to play another game if their music makes them uncomfortable. Youre more likely to change titles if you play the theme that makes you dislike or loops. People are powerfully affected by the theme; this is why music is an integral part of any game. Playing a video game with an awesome theme makes players want to stay in the game even if they dont understand its reason. Music dramatically impacts peoples emotions and thoughts, which is why its such a vital part of any game.

Final Thoughts

Creating emotional responses through music is a common marketing tactic. Choosing the correct tune can help you make the desired emotional response, such as creating a calm or comfortable emotional state in your target audience. This can help your overall marketing strategy be more effective by producing an emotional response from your audience. Casino patrons gather the musical cues from gambling titles to influence their emotional states. Accordingly, avoiding casinos that utilize sounds through online or terrestrial means is imperative. Music has been incorporated into casino games since the 1970s. People believe any casino-style game must include music because its a standard part of software and venues. Thanks to this belief, many software companies, and media add themes to their projects. Anyone can agree that choosing the best song for a concert is essential. Additionally, any theme fan can agree that certain pieces can improve shows.

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Does Your Choice of Music Matter When Playing Online Casinos? - Substream Magazine

Nordic gaming dominance is still alive and well – Win.gg

Marta Juras October 18, 2022 9:49 am

Playing video games is one of the truly international hobbies, with people from all around the world involved in video games. While the majority of gamers are young men, all demographics are increasingly enjoying gaming as an activity. Japan, South Korea, and America have a long history of dominating the world of gaming but in recent years, the Nordic countries have become the true leaders.

The countries included within the designation of Nordic are Iceland, Norway, Sweden, Finland, and Denmark. For a region with a relatively small population the population of all of the Nordic countries combined is just under 30 million these countries dominate multiple facets of the gaming industry. This article will look at three gaming sectors that are dominated by Nordic players or companies.

Game development

In the early days of video game development, there were only a handful of companies that developed the vast majority of games. Most of these companies were based in the United States or Japan. However, we are currently in the middle of an indie developer renaissance. Small game studios have sprung up all over the world, with a concentration in the Nordic countries.

According to a recent evaluation of the industry, there are nearly 500 gaming companies operating in Nordic countries today. These companies cover every sector of the industry, from console games and PC games to online and mobile games.

One of the biggest game companies is the Sweden-based Embracer Group. Embracer Group is a conglomerate of 120 game development studios, including Coffee Stain Studios, 3D Realms, Neon Giant and Tarsier Studios.

Finland is particularly known for its mobile game studios. They were, in fact, among the earliest mobile game developers (think Snake!) and continue to innovate and improve the industry. Finland is also the home of Housemarque, an early indie studio that has produced quality games for decades.

Esports

Competitive esports are finally recognized as a sport like any other they require specialized skills, endurance, stamina, teamwork, and strategic abilities. The biggest esports games are Counter-Strike: Global Offensive (CS:GO), PlayerUnknowns Battlegrounds, Valorant, League of Legends, Dota 2, Fortnight, Overwatch, and Rocket League. Since the earliest days of esports, Nordic players have been among the elite across most of the most popular esports games.

Two of the most successful Nordic esports teams are Astralis and Fnatic. Astralis is based in Denmark and is a CSGO team. Its current active roster includes esports icons like Andres Xyp9x Hjsleth, Lukas gla1ve Rossander, and Benjamin blameF Bremer.

The team is headed by gla1ve, one of the best players in the world, having led Astralis to four victories in major tournaments. His dedication to the game is impressive he continued playing despite a collapsed lung during the 2016 Assembly Winter tournament.

Fnatic provides Astralis with tough competition in CSGO. While the Fnatic organization is British, their elite CSGO team has always been based in Sweden. This is one of the first years in which the majority of the players on the team arent Swedish. KRIMZ is currently the only Swedish player on the team and he has been essential to their success in the six years he has played with Fnatic. He is considered one of the most consistent players in the game and has a reputation for his amazing clutch ability.

Online gambling

The third gaming sector in which Nordic countries are dominating is online gambling. Online gambling is very popular across all of the Nordic countries we can look at Thrills casino as an example. This online casino is geared primarily towards Nordic and Northern European players, despite the potential for a global audience.

One of the reasons why online gambling is so popular and so successful in Nordic countries is because they have embraced sensible gambling legislation. These governments have acknowledged that people will play at online casinos no matter what, so the best course of action is to provide safe and secure access to online gambling. In doing so, they have created a healthy environment with plenty of safeguards for players.

Norway and Finland both maintain monopolies over online gambling in their countries, while Sweden and Denmark have instead chosen to focus on strong governmental oversight of independent online casinos. Both of these models work well, as evidenced by how popular legal online gambling is across the region.

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Nordic gaming dominance is still alive and well - Win.gg

Ontarios online gambling revenue tops $267M in Q2, up nearly 65% – Yahoo News

Ontario gamblers wagered more than $6 billion on sports, casino, and Esports in the province's new legal market for three months ended Sept. 30, according to the latest figures from iGaming Ontario. (Eric Bolte-USA TODAY Sports)

Ontarios new legal online betting market grew in its second quarter, raking in $267 million in total gaming revenue as more players and websites participated in sports, casino, and Esports wagering.

The second official release of financial figures from iGaming Ontario (iGO), a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO), shows a nearly 65 per cent increase in overall gaming revenue for the province.

The report, released on Wednesday, covers the period of July 1 to Sept. 30. The figures do not include the government-owned Ontario Lottery and Gaming Corporation (OLG) iGaming platform, or the free bets or other promotional wagers offered by various websites.

Total wagers placed during the quarter amounted to $6.04 billion, up 48 per cent from the $4.08 billion booked in iGOs inaugural financials released in August. The latest report shows the market grew to 24 operators running 42 gaming websites, from 18 running 31 sites in the previous quarter.

Active player accounts and average monthly spend increased as well, according to the report. iGO counted 628,000 active accounts, up from 492,000 in the first quarter. Average monthly spend jumped more than 25 per cent to $142 from $113.

Following Ottawa's move to legalize new forms of betting last summer, including individual sports games and events, Ontario has set itself apart from other provinces by allowing private companies to compete with government-run betting outlets.

While iGO's latest figures show the industry gaining traction, revenue is on track to fall well short of some early forecasts.

U.S. consulting firm VIXIO GamblingCompliance estimated the Ontario market to be worth about $1.6 billion in gross gaming revenue this year, rising to $2.36 billion in 2023.

Private companies operating in the province took their first bets on April 4. The promise of an open, competitive market in Ontario has lured a number of industry heavyweights like Boston-based DraftKings (DKNG) to the province. However, restrictions on advertising free bets and other inducements, as well as competitors from outside the new legal system, have posed headwinds.

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"We always said that we didn't think we'd be able to achieve quite the same share as we believe we will be able to achieve in the U.S.," DraftKings CEO Jason Robins told analysts on an Aug. 5 post-earnings conference call.

A number of private sportsbooks and online betting websites that operated for years outside of Ontarios laws have joined the legal market, like industry giant Bet365. In August, Wall Street analysts told Yahoo Finance Canada that companies with roots in the so-called grey market are likely to dominate the early innings of the new legal industry in Ontario by leveraging their experience in Canada's most populous province.

Earlier this month, the AGCO set Oct. 31 as the deadline for illegal betting platforms to transition into the legal market. The agency says unregulated operators must halt their operations by this date to avoid jeopardizing the eligibility for registration.

Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist.

Download the Yahoo Finance app, available for Apple and Android.

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Ontarios online gambling revenue tops $267M in Q2, up nearly 65% - Yahoo News