Monthly Archives: March 2022

Kelly McParland: Putin’s war is another obstacle to Liberals’ wishful budgeting – National Post

Posted: March 8, 2022 at 10:54 pm

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Will the Ukraine invasion be enough to end our governments bland aversion to financial planning that includes serious allowances for the uncertainties that are a simple fact of life?

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It will be interesting to see what sort of document Finance Minister Chrystia Freeland delivers when she gets around to unveiling her 2022 budget, which would normally be in the next few weeks.

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In the early years of the second Trudeau dynasty, we were told the government had no choice but to spend heavily, because Canada was on the cusp of a social revolution that required bold new spending programs to fill the needs that were long delayed by less visionary leaders. Wham! The deficit went up, taking national debt with it.

Then COVID-19 hit and we were told there was no choice but to dramatically escalate the already-expanded level of spending because the pandemic meant we couldnt afford not to. It was an emergency! It couldnt have been foreseen. It was essential that Ottawa obey its responsibility to protect the health and livelihoods of the population. True enough. Unfortunately, that would mean even greater borrowing to levels unprecedented outside of wartime but sorry, it couldnt be helped.

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Having toiled through two years of unanticipated costs, it must have looked to Freelands Finance Department that the way was finally opening to a period of recovery and rebuilding. In January, she announced pre-budget consultations that would allow the government to hear the best ideas from Canadians about how the budget can support Canadians and businesses and ensure a strong economic recovery for everyone.

A departmental release stated: As we look to the years ahead, the governments focus will continue to be on jobs and growth and making life more affordable. Presumably, that would include getting a handle on the governments spending binge, a goal Freeland signalled when she pledged in a fiscal update late last yearthat, We remain committed to reduce the federal debt-to-GDP ratio over the medium-term and to unwind COVID-19-related deficits.

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Of course, that was before Russian President Vladimir Putin launched his invasion of Ukraine and threw the world and its economy into another pit of uncertainty. Canada has, quite rightly, joined in the international effort to inflict as much economic pain on Russia as possible, in the hope that it somehow helps bring a halt to Putins mad war. This was yet another unforeseen development, which prompted Freeland to warn usthat her previous expectations would have to be altered.

I have to be honest with Canadians that there could be some collateral damage in Canada as a result of sanctions on Moscow, she said last week. In order to really be effective, in order to really have an impact, we are going to have to be prepared for there to be some adverse consequences for our own economies.

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I think were all in favour of a maximum effort to curtail Moscow and the rain of death it has mindlessly unleashed, even at the cost of some financial discomfort to ourselves. But I have to be honest with Canadians and admit Im a bit distressed that it has taken six long years for this government to grasp the fact that the future is a very uncertain place, that unpredictability is one of the few certainties in life and that a responsible government takes that into account when it sets out to rebuild society in an image it would very much welcome if only everything goes according to schedule and nothing unexpected takes place to spoil its plans.

Indeed, as far as I understand it, a big part of government should involve protecting what we have, as well as adding to what wed like. This government has shown little if any belief in that responsibility. If it has been consistent in anything, its the prime ministers conviction that finding the money is someone elses responsibility. As long as there are entities willing to lend, and advisors willing to attestthat Canada can afford it and will continue to be able to afford it in the future, hes good with it. Spend away.

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So now its Freelands job to take all those plans shed been assembling since January, and no doubt well beforehand, and somehow make them fit with a world that looks nothing like it did at the time. The Ukraine invasion has changed assumptions at the most fundamental levels.

The notion that fossil fuels can be happily choked off in deference to green energy ran aground on the realization that most of Europe cant operate, or even keep warm, without the fuel it gets from Russia. Inflation, which was supposed to be just a passing annoyance, has become a serious and burgeoning concern.

The supply chain, which was supposed to sort itself out once COVID was corralled, has a new crisis to contend with. The greatest risk facing global supply chains has shifted from the pandemic to the Russia-Ukraine military conflict and the geopolitical and economic uncertainties it has created, wrote Moodys Analytics economist Tim Uy.

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Canadian firms, large and small, cant find workers. Wages are being hiked to lure applicants, which pushes up prices as a result. Try filling your tank without grimacing, then try again when the carbon taxincreases on April 1. Try buying a house, or even groceries.

The Ukraine war has demonstrated for all to see how depleted Canadas military capability has become thanks to many years of government neglect. Will it finally embarrass the Liberals enough to accord it the priority a serious and self-respecting country should expect?

Freeland may be uniquely suited to overcome the traditional Liberal disdain for such things: her background puts the sincerity of her support for the Ukrainian cause beyond question. Its just a guess, but the unusual intensity of the Liberal response might just possibly be the result of Freeland putting some rare heat on a prime minister whos usually satisfied with virtuous posturing.

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Will it also be enough to end this governments bland aversion to financial planning that includes serious allowances for the uncertainties that are a simple fact of life? Or will Freeland go on pretending its reasonable to make risky wagers on a future that is so easily disrupted by pandemics, wars and other crises that wont be pushed aside to please progressive aspirations?

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Kelly McParland: Putin's war is another obstacle to Liberals' wishful budgeting - National Post

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Aruna Hussain to take over from Soren Castbak as MD of Sealand Europe & Med – theloadstar.com

Posted: at 10:53 pm

Maersk has named Aruna Hussain (above) as its new MD of Sealand Europe & Med, taking over from Soren Castbak, who is to leave the company as it continues its strategic reorientation.

In a LinkedIn post, Mr Castbak explained: A different profile is needed in the job as CEO and it is in that connection that I have decided that it is time for me to leave AP Mller-Maersk.

Ms Hussain, who was most recently area MD for Maersk in Pakistan, started her career at the firm in 2000 in liner and trade roles in Pakistan and the UK before moving to Damco in Pakistan.

She left Maersk in 2010 and joined US-based furniture and home goods e-tailer Wayfair, where she was supply chain and operations director for Australia.In 2016 she returned to Pakistan and re-joined Damco first as country head and then as chief operations officer for Middle East.

Aruna has more than 20 years of experience in the logistics and supply chain industry and comes with a strong, proven track record, said Karsten Kildahl, APMM regional MD for Europe.I am convinced her experience will be a great asset to continue the transformation and growth journey in Sealand Europe.

I would also like to take this opportunity to thank Soren for having successfully grown Sealand Europe and Med, and having delivered constant and strong performance over the years, he added.

Ms Hussain said: The pan-European market is huge, with evolving supply chain patterns, shifts in sourcing and fast-paced technological advancements.Many of our customers are rethinking their logistics strategies to keep pace with these disruptions.

This requires us at Sealand to transform faster, connect even more closely with our customers and provide the right solutions that will enable them to simplify their supply chains, cut the complexity and grow their business, she added.

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Solidarity vigils to be held across Cheshire West and Chester for people of Ukraine – Chester and District Standard

Posted: at 10:52 pm

VIGILS are to be held across Cheshire West and Chester this Friday in solidarity with the Ukrainian people against the invasion by Vladimir Putins Russia.

The vigils will be held in Chester Town Hall Square, Civic Square in Ellesmere Port, Northwich and Winsford.

All events will be held simultaneously at 5.30pm and are open to everyone.

Chester MP Chris Matheson, who will help host the Chester vigil, said: This is an event for people from Chester to come together, to show our support for democracy and our opposition to Putins brutal dictatorship.

It will also be a symbol of support for the brave Russian people who are defying Putin with demonstrations of their own.

This invasion is an unprovoked and unjustifiable violation of international law. We must stand in complete solidarity with the Ukrainian people and as the humanitarian crisis unfolds, we must do what we can to support them.

People are invited to gather at each vigil from 5.15pm.

For the Chester vigil, there will be a small number of speeches, including from Chris Matheson, Mike Johnson from Chesters City of Sanctuary group and members of the clergy from Chester Cathedral, who will lead a short period of reflection and prayer, for people of all religions and none, all starting at 5.30pm.

The Ellesmere Port vigil will take place with Town Mayor Cllr Lisa Denson in attendance.

Cllr Denson said: This vigil is an opportunity for people in our town to come together and show solidarity with the people of Ukraine.

From 5.30pm, there will be some short speeches from myself and [Ellesmere Port MP] Justin Madders, followed by a moments silence that we will share with other vigils in towns across our borough.

Attendees are reminded of the ongoing Covid-19 pandemic and are advised to take a lateral flow test before attending. The event is expected to finish around 6pm.

The vigils come after Chester Town Hall, the Eastgate Clock, Newgate and Storyhouse were illuminated last Friday as a show of solidarity for those affected by the Russian invasion.

Cheshire West and Chester Council leader Louise Gittins said: We stand in solidarity with those in our community with links to Ukraine and other sovereign nations in the region and offer our unreserved support during this disturbing time.

Im urging everyone in our borough to be kind and look out for each other those affected may be your neighbours, friends or work colleagues.

The SHARE charity is accepting humanitarian supply donations today and tomorrow (March 2-3) for Ukrainian refugees at the Poland-Ukraine border.

Items needed include baby and chilrens clothing, nappies, medical supplies, childrens toys such as teddies, blankets, school supplies, toiletries such as shampoo, toothbrushes and sanitary towels, emergency foil blankets and sleeping bags.

Donations can be dropped off at St Francis Church, Grosvenor Street, between 10am-2pm, at the SHARE shop on Northgate Street or at Dandys Top Soil, Yew Tree Farm, Sealand Road. Please label donations with UKRAINE.

For more information, visit https://shareaid.co.uk/blogs/news/ukraine-refugee-appeal

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Dental Care Provider Arrail Hopes Investors Will Smile on Its Hong Kong IPO – Benzinga

Posted: at 10:52 pm

Key takeaways

By Molly Wen

The healthcare investment field is filled with colorful terms like golden eyes, silver teeth and copper bones. Such metallic expressions speak to how lucrative and promising private medical practice can be in areas like ophthalmology, dentistry and orthopedics.

Quite a few Chinese ophthalmological companies have gone public, showing there really is gold in eyecare. By comparison, dentistry has yet to attract the same kind of nods from investors.Arrail Group Ltd., one of the countrys top three private oral health care providers, is eager to change that, even as a costly Valuation Adjustment Mechanism (VAM) agreement hangs over its balance sheet.

Following a failed listing attempt last year, the companyfiled for an IPOa second time in Hong Kong early this year and passed the listing hearings on Monday.

Arrail provides oral health services from 111 hospitals and clinics in 15 of Chinas largest cities. Its repertoire includes regular dental, orthodontic and dental implant services. Its namesake Arrail chain caters to deep-pocketed wealthy patients, while its Rytime brand is targeted at the middle-end of the market. During the six-months ended September 2021, the two brands contributed 430 million yuan ($68 million) and 410 million yuan in revenue to the company, respectively.

Dental diseases are common in China, even though few had the money to spend on proper dental care before the 21stcentury. Such care has become increasingly available and affordable in the last 20 years, but the penetration rate in China in 2020 was only 24%, much lower than the 70% in the U.S. That shows demand is not only growing, but there is also big potential not only for basic services like treatment of dental diseases, but also for elective services like teeth whitening.

According to the market data in Arrails prospectus, Chinas dental health market stands to grow at a steady clip in the next few years from 119.9 billion yuan in 2020 to roughly 300 billion yuan in 2025.

As one of Chinas few dental health companies with a national footprint, Arrail has become a private equity favorite. Big names like Goldman Sachs, Qiming Venture and Hillhouse Capital have all hopped on board since 2010. The companys latest funding round in April last year was led by Singaporean sovereign wealth fund Temasek, raising close to $200 million and valuing the company at $980 million just shy of the $1 billion mark for unicorn status.

Weak gross margins

Arrail may focus on high-spending customers, but it has yet to translate that to fat profits. In fact, the company vastly underperforms compared with its peers in gross margin terms. A report from Sealand Securities last year showed industry gross margins averaged around 40% to 50%. But Arrails were far behind that, coming in at just 15.2%, 10.1% and 24.1% in its fiscal years for 2019-2021, respectively.

The lackluster performance has everything to do with the companys staggeringly high personnel costs. Over the same three years, its spending on employee-related costs totaled 460 million yuan, 500 million yuan and 580 million yuan, representing an average compound growth rate of 12.3%. Such spending has consistently accounted for more than half of the companys total costs.

Curbing personnel costs doesnt come easy for private companies like Arrail due to the short supply of dentists in China. In 2020, the nation had just 175 dentists for every 1 million Chinese, compared to 810 in Europe and 608 in the U.S. Arrail also admitted in its prospectus that it would have to compete with public and private dental health providers by offering better packages to attract the best talent.

Its financial performance also looks less-than-dazzling. Its revenues rose from 1.08 billion yuan to 1.1 billion yuan and 1.52 billion yuan in its three most recent fiscal years from 2019 to 2021, respectively. It logged operating losses of 84.04 million yuan and 133 million yuan in 2019 and 2020, before moving into the black with an operating profit of 124 million yuan in its most recent fiscal year.

The company has attributed the losses to business expansion and the suspension of operations during the pandemic, when many medical facilities were closed and people especially avoided dental clinics over fear of infection. In 2019 and 2020, the company opened 16 and 10 dental clinics and hospitals, respectively. But it only opened two in 2021 in a bid to control costs.

While return on investment comes slowly to dental operators like Arrail, one thing working in its favor is the markets high degree of fragmentation. Chinas top five private dental operators only accounted for 8.5% of the market in 2020. Another factor in its favor is relatively low equipment costs. Unlike ophthalmological services that are highly dependent on expensive equipment, material costs for dental operations are low and clinics easily set up after securing necessary licenses.

Sealand Securities pointed out that most dental treatment services are generally considered safe and dont require assistance from other medical departments. It added that using a franchise model in the sector also doesnt bring much advantage in terms of capital needs, cost controls and standardized management.

Pressed by IPO deadline?

Arrail may also be looking to list now under pressure from its investors. According to the prospectus, the companys debt was greater than its assets at one point during the reporting period covered in the IPO document. It registered net liquid liabilities of up to 4.26 billion yuan in 2021, which the company ascribed to earlier VAM deals it entered into with investors.

Under those terms, if the company failed to go public before the end of 2020, investors had the right to request redemption of their shares. That meant liabilities for its fiscal year 2021 included 3.2 billion yuan of preferred shares. The redemption date for those shares was ultimately extended to Dec. 31, 2023. When Arrail is successfully listed, those preferred shares will be converted into ordinary shares.

The effects of that agreement caused Arrails loss attributable to shareholders to reach 600 million yuan in its fiscal year 2021. We can calculate its valuation using a price-to-sales (P/S) ratio, referencing two listed dental groups with business close to Arrail. That pair,Angelalign(6699.HK) and Shanghai-listedTC Medical(600763.SH), both have P/S ratios of 24 times. Using that as a reference, Arrails valuation could reach as high as HK$44.8 billion, or about $5.74 billion, based on its revenue of 1.52 billion yuan in its most recent fiscal year.

However, TC Medical is a hot stock in Chinas A-share market, with its market value exceeded 100 billion yuan in the past. Its gross profit margin in the first half of 2021 was also as high as 46.75%, twice that of Arrail. If Arrail wants to replicate TC Medicals success in the capital market, it will need to operate more officially to pump some gleam into its valuation.

This article was submitted by an external contributor and may not represent the views and opinions of Benzinga.

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Save 21% on Terraforming Mars and conquer the Red Planet – Space.com

Posted: at 10:50 pm

Terraforming Mars is now 21% off on Amazon, and which is a pretty stellar deal for the popular space board game.

This is a saving of over $14 for a popular space board game that revolves around galactic colonialization of Mars. Set in the 2400s, mankind is terraforming the red planet by trying to improve oxygen levels, raise the temperature and ocean coverage until the red planet becomes habitable.

While this is a good deal, if you want more in-depth coverage of space board games then be sure to check out our best space board games and space board games deals guides. If you like space games but this isn't quite the deal for you, then you can also check out our Lego space deals and best VR space games pages.

Not to mention this game features at the top of our best space board games, so now is a great time to grab a deal.

Suitable for one to five players aged 12 and above, Terraforming Mars is a great mix of entertainment - in colonizing another planet and playing with peers, and educational - learning about what it might actually take to do that.

Saving over $15 on a game that features at the top of our best space board games guide is a great deal. It provides hours of fun and there are even expansions to add more layers to this game too. Do you have what it takes to move mankind from one planet to another?

Follow Alexander Cox on Twitter@Coxy_97Official. Follow us on Twitter@Spacedotcomand onFacebook.

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Relativity Space Is Taking on SpaceX With 3D-Printed Rockets – Business Insider

Posted: at 10:50 pm

In 2015, two former Blue Origin and SpaceX employees set out to form a startup with the borderline outrageous goal of 3D printing rockets and eventually using the technology to help colonize Mars.

Today, Relativity Space is the world's second most valuable private space company behind Elon Musk's SpaceX, despite not having launched a single rocket.

Relativity, cofounded by Tim Ellis and Jordan Noone, has raised more than $1.3 billion with backing from investors including Mark Cuban and Jared Leto, has an estimated valuation of $4.2 billion, a 1 million square-foot headquarters in Long Beach, and more than 700 employees. Ellis formerly worked in Blue Origin's metal 3D printing division. Noone worked on SpaceX's Dragon spaceships and engines.

Mark Cuban was an early investor in Relativity, agreeing to entirely fund the startup's $500,000 seed round after Ellis and Noone cold emailed him. Other investors include Y Combinator, Social Capital, Fidelity, and Tiger Global.

Ellis told Insider in 2018 that he believes 3D printing will be crucial for an interplanetary future where humans can live on Mars. That means going big: Relativity's says its Stargate 3D printers are the largest in the world, and have controls driven by artificial intelligence. The startup has made two rockets named Terran 1 and Terran R almost entirely by 3D printing.

The tech also known as additive manufacturing isn't new to the industry: Many companies 3D print individual parts of their aircraft. But Relativity is the first to build the majority roughly 95% of its vehicles using the method. It drastically limits the number of parts it needs, and is a boon for speed. Relativity says it can build a rocket in 60 days, compared to the average time of a year to 18 months.

The first test launch of Terran 1 is expected to take place within the next few months from Cape Canaveral in Florida, after being delayed from a planned launch in late 2021. A Relativity spokesperson told TechCrunch last August that there was "no one single reason" the launch was delayed, but noted the pandemic has slowed some processes. It will be the first-ever launch of a 3D printed rocket, and Ellis told Space.com in January that the rocket is the largest metal 3D printed object ever.

Terran R, which Relativity announced in June 2021, is designed to be fully reusable, carry larger payloads than Terran 1, and compete with Space X's Falcon 9 rockets. It's expected to start launching from Cape Canaveral as soon as 2024. Once the business is up and running, Relativity plans to charge its customers roughly $12 million per launch. SpaceX currently charges $62 million per launch of the Falcon 9 rockets, though Elon Musk recently said the company's Starship reusable rockets will cost less than $10 million within two to three years.

When asked where he sees the startup in five years, Josh Brost, Relativity's vice president of business development, said the company will be hyper-focused on becoming a top rocket launch company, but hinted that the Stargate printers could eventually be used to make things other than rockets.

"I think long-term there's tremendous opportunities to use this manufacturing tech to make other products better in addition to rockets," he said.

David Giger, Relativity's vice president of engineering, told Insider that, in the future, he hopes to see other startups getting into the 3D print manufacturing space.

"I think it's necessary for society to move in this direction," he said. "If you look at traditional production facilities that have millions and millions of dollars invested into CapEx and equipment that can only make one product and it can't be changed without very high expense, I think we need to move away from that approach and have a much more versatile manufacturing process."

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The science of becoming "interplanetary": Could humans live in the asteroid belt? – Interesting Engineering

Posted: at 10:50 pm

Welcome back to ourongoing "Interplanetary Series." In our previous installments, we looked at what it would take to live on Mercury, Venus, the Moon, and Mars. Today, we take a look at the Main Asteroid Belt. This massive region of space contains several large bodies that could one day be settled by human beings.

For decades, futurists and theorists have pondered the idea of establishing a permanent human presence and infrastructure in the Asteroid Belt. Its abundant resources and the fact that it occupies a strategic spot between the inner and outer Solar systems make it an attractive option for future exploration and development.

In fact, asteroid mining is considered a means to ensure our survival and usher in a period of post-scarcity for our civilization. While the challenges are certainly herculean, the benefits are rather enticing. With a little imagination and creative design, the Belt could also become an attractive destination for those looking for a little adventure tourism and fun in low gravity.

Some day, interplanetary tourists could be listening to messages like this:

"Good morning, passengers! Welcome aboard the ferry liner Kirkwood, your one-stop service to Ceres! For those among you that are first-timers, be prepared for fun, adventure, and some of the most luxurious accommodations in the Solar System! While you're our guest, we insist you take full advantage of the low-gravity environment and the exotic surface!"

"A reminder that making the transition from an Earth-normal gravity environment can be difficult. Report to a clinician if you find yourself experiencing any of the following symptoms: vertigo, dizziness, vomiting, fainting spells, or rapid heart rate. These can be signs that you are having trouble adjusting. But don't worry, our expert staff will help you find your footing (not a guarantee)!"

"Adventure tours include day trips to Ahuna Mons, the highest peak on Ceres,and Occator, the largest crater. We also recommend the multi-day excursions to the famous "bright spots," Cerealia Facula and the Vinalia Faculae. And be sure to check out the bright spots here, including five-star accommodations, dining, gaming, and recreation centers."

"Those who are transferring to Vesta or Pallas must first pass through customs and biomonitoring for a second screening. We apologize for the inconvenience but remind people that maintaining public health is a priority here in the Belt. After all, the air we breathe is a shared amenity, so let's keep it clean and healthy!"

"A reminder that the import of flora and fauna is strictly prohibited. Please respect the local life cycle and not attempt to take seeds or plants from the local biome. All species on Ceres are adapted to the local gravity and are not likely to survive in another environment."

The discovery of the Asteroid Belt began in 1800 due to an issue with the then-known model of the Solar System. According to the Titius-Bode Law, which accurately predicted the orbits of the planets, there was an unexplained gap between the orbits of Mars and Jupiter. To resolve this, the United Astronomical Society began observing this gap in the hopes of finding something.

The group included many famed astronomers, like William Herschel, who had discovered Uranus and its moons in the 1780s. Giuseppe Piazzi, the chair of astronomy at the University of Palermo, had been asked to join the Society. Ironically, he was the first to make a discovery in this region (consistent with what the Titus-Bode Law predicted) before the invitation had even arrived.

He named this object "Ceres" after the Roman god of the harvest and the patron god of Sicily. Fifteen months later, noted astronomer and Society member Heinrich Olbers discovered a second object in the same region, later named 2 Pallas. In appearance, these objects were little more than bright and moving dots.

This led Herschel to suggest they be designated as a new class of objects called "asteroids" (Greek for "star-like"). By the early 1850s, the term "asteroids" entered into common usage, as did "Asteroid Belt." Since the late 19th century, over 1 million objects have been identified in the Belt.

Located between the orbits of Mars and Jupiter, the Main Asteroid Belt is a torus-shaped region populated by bodies left over from the formation of the Solar System. It is designated as the "Main" Belt to distinguish it from asteroid populations such as Near-Earth Asteroids (NEAS) and the Trojan and Greek asteroids (which share an orbit with Jupiter).

At present, astronomers have cataloged a total of 1,113,527 objects in the Belt, with estimates indicating that there may be as many as 1.9 million objects measuring 0.6 mi (1 km) or more in diameter. The Belt ranges in distance from 2.2 to 3.2 astronomical units* (AU) from the Sun and is about one AU wide.

Its total mass is estimated at 5.271021 lbs (2.391021 kg), equivalent to about 3% of the Moon's mass. More than 200 asteroids are larger than 100 km in diameter, including Ceres, 4 Vesta, 2 Pallas, 10 Hygiea, and others. These four asteroids account for more than half of the Belt's total mass, with more than one-third accounted for by Ceres alone.

Despite the common misperceptions, the Asteroid Belt is mostly empty space, with objects spread over a large volume of space. The main population of the Asteroid Belt is sometimes divided into three zones, which are based on what is known as Kirkwood Gaps.

These describe the dimensions of an asteroid's orbit based on its semi-major axis and are named after astronomer Daniel Kirkwood. He first discovered gaps in the distance of asteroids in 1866. These describe the dimensions of an asteroids orbit, based on its semi-major axis. Within this scheme, there are three zones:

The Asteroid Belt may also be divided into the inner and outer belts. The inner Belt consists of asteroids that orbit nearer to Mars than the 3:1 Kirkwood gap (2.5AU). The outer Belt consists of asteroids closer to Jupiter's orbit. The asteroids that orbit with a radius of 2.06AU from the Sun can be considered the inner boundary of the asteroid belt.

The temperature of the Asteroid Belt varies with the distance from the Sun. For dust particles within the Belt, typical temperatures range from -99 F (-73C) at 2.2AU down to -162 F (-108C) at 3.2AU. However, due to rotation, the surface temperature of an asteroid can vary considerably as the sides are alternately exposed to solar radiation and then to the stellar background.

Like the terrestrial planets, most asteroids are composed of silicate rock, while a small portion contains iron and nickel. The remaining asteroids are made up of a mix of these, along with carbon-rich materials. Some of the more distant asteroids tend to contain more ices and volatiles, including water ice. The Main Belt consists primarily of three categories of asteroids:

There are also the mysterious and relatively rare V-type (or basaltic) asteroids that were once believed to have originated from Vesta. However, the discovery of basaltic asteroids with different chemical compositions suggests a different origin, and current theories of asteroid formation predict that the V-type asteroids should be more plentiful.

*The same distance between the Earth and the Sun

As noted, the Belt is populated by millions of known objects, but more than half of its mass is claimed by four planetoids - Ceres, 4 Vesta, 2 Pallas, and 10 Hygiea. These bodies range in terms of size, shape, and have varied compositions. As a result of Resolution 5A: "Definition of 'planet'" passed during the 2006 General Assembly of the IAU, these bodies are classified as "minor planets."

Measuringabout 584 mi (940 km) in diameter, Ceres is the largest of the four bodies and is the only planetoid in the Belt (or Solar System) to be massive enough to achieve hydrostatic equilibrium (become spheroid in shape). This led to its reclassification as the only "dwarf planet" in the Belt, as part of the IAU's 2006 Resolution.

Ceres has a mass of around 20.681020 lbs (9.381020kg), roughly 1.28% as massive as the Moon, and is largely composed of water ice, carbonates, and silicate minerals. These are believed to be differentiated between a largely icy outer crust, an interior ocean of saltwater and rock, and a rocky mantle and metallic core.

While it is the most massive body in the Asteroid Belt, Ceres is believed to have formed beyond the orbit of Jupiter and migrated to the Belt. Between its low mass and density, the surface gravity is also quite low: less than 3% that of Earth (0.028 g). Its surface is covered by craters measuring between 10 and 60 mi (20 and 100 km), while the largest measures 176 mi (284 km) across - the Kerwal Basin.

The surface also shows signs of cryovolcanism, as indicated by its bright regions, which appear to be composed of water ice and silicate material. These features bolster the case for action between the surface and an interior ocean, possibly due to impacts on one side that triggered activity in the interior.

Vesta has a mean diameter of 326 mi (525 km), but the diameter varies depending on which axis. In truth, Vesta has a flattened hexagonal shape that measures 355.8 346.2 277.4 mi (572.6 557.2 446.4km). While Vesta is about one-quarter the mass of Ceres - 5.71020 lbs (2.591020kg) - its mean density is higher, resulting in similar surface gravity of around 2.5% (0.025g).

Compared to Ceres, Vesta is believed to have formed in the Asteroid Belt, due to its silicate and metallic composition. These are differentiated between a metallic core of iron and nickel measuring 133-140 mi (214-226 km) and a rocky olivine mantle and surface crust. The surface is also covered in regolith (silicate dust), indicating "space weathering."

At roughly 318 mi (513 km) in diameter and with amass of roughly 4.41020 lbs (21020kg), Pallas is slightly smaller and less massive than Vesta. Based on spectroscopic observations, Pallas' surface is composed of silicate minerals containing trace amounts of water ice, and iron. Its surface gravity is comparable to Ceres and Vesta, at around 2.2% of Earth-normal gravity (0.022g).

Hygeia has a mean diameter of around 269 mi (434 km) and a mass of around 1.921020 lbs (8.751019 kg). Like Pallas, it has a roughly spheroid shape but is not massive enough to have achieved hydrostatic equilibrium. Based on spectroscopic observations, the surface appears to be composed primarily of carbonaceous materials similar to those found in C-type meteorites, with evidence of past water ice.

To put it simply, the Asteroid Belt is not a friendly environment. Even the largest asteroids are airless, which means that everything in the Belt is exposed to the vacuum of space. Its distance from the Sun places it firmly in the "Frost Line," where conditions are consistentlycold enough for volatile compounds such as water, ammonia, methane, carbon dioxide, and carbon monoxide to condense into solid ice grains.

For dust particles and larger bodies in the Belt, surface temperatures are also very extreme, typically ranging from -99 F (-73 C) at 2.2 AU down to -162 F (-108 C) at 3.2 AU. However, due to rotation, the surface temperature of an asteroid can vary considerably as the sides are alternately exposed to solar radiation and the darkness of space.

Radiation exposure is also a major hazard due to the lack of atmospheres or planetary magnetic fields. This includes solar radiation, which becomes far more intense during solar flare activity, and galactic cosmic rays (GCRs). It is estimated that human settlers would need to burrow at least 328 ft (100 meters) beneath the surface to ensure protection.

Much like the Moon and other airless bodies, bodies in the Asteroid Belt also have significant amounts of regolith. This means that any settlements on or within asteroids will have a "dust problem," where tiny shards of silica will pose hazards for respiratory health, stick to everything, and mess with machinery and electronics. And as always, there is the issue of low gravity.

On all the major bodies in the Belt, the gravitational force is between 2 and 3% of what we experience here on Earth. Everywhere else, the conditions are what is known as "microgravity," similar to what astronauts are exposed to aboard the ISS. According to studies performed on the ISS, the long-term effects include muscle and bone density loss and effects on cardiovascular health and organ function.

Another major issue is the distance between the Main Belt and Earth. As with Mars, the distance to the Belt's minor planets varies considerably as they orbit the Sun. For example, between April 2021 and December 2021, the distance between Ceres and Earth ranged from a maximum of 3.9 AU to a minimum of 1.76 AU. Between July 2022 and March 2023, it will range from 3.6 AU to 1.6 AU.

In short, the range between Ceres and Earth more than doubles during a seven to eight-month period. This means that missions to and from the Belt could only launch during certain windows. While this is more convenient than the 26-month launch window with Mars, the distances are about four times greater - 0.374 AU to 1.67 AU.

For long-term habitation in the Asteroid Belt to become a reality, the settlements will need to be as self-sufficient as possible. But with the right work, the Main Belt could become the mining and manufacturing hub of the Solar System.

Establishing self-sustaining habitats in the Belt requires leveraging local resources to meet the needs of the inhabitants - a process known as In-Situ Resource Utilization (ISRU). This includes harvesting local water ice to create oxygen gas, propellant, and drinking water; and mining regolith and minerals to create manufacturing materials.

Luckily, the Asteroid Belt has abundant resources, depending on the class involved. C-type carbonaceous asteroids, which account for 75% of the Main Belt, and are believed to have abundant water ice. Several mission proposals have been drafted to harness this abundant resource and use it to advance exploration and settlements efforts in the Main Belt.

Similarly, the settlers will need to engineer bioregenerative life support systems to ensure sustainable living conditions. This would require creating self-sustaining biomes within the habitats that conform to a Terraform Sustainability Assessment Framework (TSAF), which comes down to creating living systems that mimic Earth's.

A good example is a proposal for a "megasatellite settlement" consisting of rotating habitats (Stanford Toruses) in orbit around Ceres. This concept was proposed by theoretical physicist Dr. Pekka Janhunen, a research manager with theFinnish Meteorological Institute and a senior technical advisor Aurora Propulsion Technologies.

As Dr. Janhunen described it, the settlement would bring terraforming to the Belt in the sense of "creating an artificial environment, near Ceres and of Ceres materials, that can scale up to the same and a larger population than Earth has today." The design calls for habitats that rotate to simulate gravity attached to a disk-shaped frame through passive magnetic bearings.

Using local resources, an Earth-like atmosphere could be created within these habitats. This would consist of using nitrogen, water ice, and frozen carbon dioxide from Ceres to create nitrogen gas (as a buffer), oxygen gas, and trace amounts of frozen volatiles. This could be pumped into the habitats to create a sustained atmospheric pressure of 101.325kPa, consisting of 78% nitrogen, 21% oxygen, and trace amounts of CO2 and other gases.

Locally-sourced regolith could then be imported and combined with organic molecules to fashion "soil." These would include the high amounts of organic carbon, phosphorus, and other chemicals that are key fertilizer ingredients. The introduction of plants, over time, would enrichen the soil and remove heavy metals, allowing for crops to be grown.

Trees and grasses would be introduced to stabilize the soil and create a water cycle for the habitat. Different habitats could host different types of biomes (grassland, desert, jungle, alpine, etc.) that are interconnected to ensure that the habitat is as "Earth-like" as possible - thereby fulfilling the "terraforming" aspect of the Asteroid settlements.

Similar habitats could be built near Vesta, Pallas, Hygeia, and any other large bodies rich in natural resources. From these habitats, regular missions could be mounted to mine asteroids for their mineral wealth, which could be shipped back to Earth, other planets, or other habitats in space or manufactured into goods on-site.

In his book, Entering Space, famed science communicator and space exploration advocate Robert Zubrin wrote:

"The asteroid belt is known to contain vast supplies of very high-grade metal ore in a low gravity environment that makes it comparatively easy to explore to Earth... These asteroids collectively represent enormous economic potential... For mining purposes, the real action is going to be in the Main Belt, where millions of 1-km class ($150 billion worth of [platinum] class!) objects undoubtedly reside."

The monetary values used by Zubrin here come from the 1987 book Space Resources:Breaking the Bonds of Earth, co-authored by cosmochemist Prof. John Lewis (Univ. of Arizona) and his wife, Ruth Lewis. For example, the pair considered a single S-type asteroid with very little water but abundant metals like nickel, cobalt, and precious metals like gold, platinum, and rhodium.

According to Lewis and Lewis, a small S-type asteroid measuring 0.6 mi (1 km) in diameter would have a mass of about 2.2 billion tons (2 billion tonnes). Of this, they estimate that the following amounts of precious and "strategic" metals would be available:

Based on the market value of palladium metals alone in 1987, Lewis and Lewis calculated that this asteroid would have a dollar value of $150 billion ($371 billion with inflation). When you factor in the current market value(at the time of writing) of the other metals - iron ($27.1 billion), nickel ($745 billion), and cobalt ($1.11 trillion) - the total value of one run-of-the-mill S-type asteroid reached $2.253 trillion - over 10% of annual GDP in the U.S.

Another estimate takes a look at small S-type asteroids - measuring just ~33 ft (10 m) in diameter. An asteroid this size could contain about 1.433 million lbs (650,000kg) of metal, 110 lb (50kg) of which would be precious metals like platinum and gold. Rare, M-type asteroids contain even more metals, mostly iron-nickel, and significant amounts of rare and precious metals.

The largest of these is 16 Psyche, one of the most massive asteroids in the Solar System that is believed to be the iron core remnant of a protoplanet that lost its silicate outer layers (possibly during a collision with another protoplanet). Current estimates place this body's diameter at 157 mi (253 km) and its mass at 51019 lbs (2.2871019kg).

In terms of composition, Psyche is believed to be largely made up of metallic iron, nickel, and gold, with residual silicate minerals. Scientists will know more about its composition when NASA's Psyche mission arrives at the asteroid in early 2026. Nevertheless, current estimates place the value of the asteroid's metals at as high as $10,000 quadrillion.

To give you some perspective, the annual GDP of the entire planet was estimated at $87 trillion, based on 2019 figures. If the asteroid could be towed to Earth tomorrow and its minerals harvested rapidly, the entire market for metals would collapse. The sheer abundance of all the metals it contains would make metals worthless.

However, if Psyche and other metal asteroids could be harvested gradually, they would become a welcome addition to our planet's economy. As for how these minerals would be mined, NASA explored many ideas in two publications: "A Review of Extra-Terrestrial Mining Robot Concepts" (2012) and "Robotic Asteroid Prospector" (RAP) (2013).

In these reports, NASA reviewed concepts proposed in the previous forty years (both crewed and uncrewed) and explored the four aspects of the process - prospecting, mining/retrieval, processing, and transportation. Ultimately, they determined that the challenge would be best handled by robotic machines working in collaboration with human explorers.

"Humans will benefit from the resources that will be mined by robots," it says. "They will visit outposts and mining camps as required for exploration, commerce, and scientific research, but a continuous presence is most likely to be provided by robotic mining machines that are remotely controlled by humans."

They also advised that any attempts to conduct mining missions be preceded by extensive prospecting using space-based telescopes, the creation of infrastructure in space, the construction and maintenance of the robotic spacecraft in space, and the creation of processing facilities where ore could be shipped to.

With little effort, one can imagine what asteroid mining would look like. The mining vessels will be built on a series of "space platforms" located in the Belt. These vessels will be automated and likely controlled by a central AI or "swarm intelligence." The process of prospecting, mining, processing, and shipping will be overseen by human workers in the Belt, operating out of facilities close to their habitats.

Processing will also take place on a series of "foundry" platforms, where the ores are turned into purified metals and maybe even finished products. Shipping vessels will then send these products to Earth, Mars, the Moon, and anywhere else they are in demand. Similar efforts will mine for water ice and organics used by the local settlements, with some being exported as well.

Power will likely be provided by a combination of solar arrays, kilo power nuclear arrays, mini-reactors, and possibly fusion reactors (which could be fueled using Helium-3 mined on the Moon). In time, a thriving economy could be created based on extracting water ice, volatiles, chemicals, and minerals from the asteroids.

This economy could draw settlers from Earth and elsewhere, eventually leading to many habitats throughout the Main Belt. Additional industries, such as tourism and recreation, would spring up in time, and a human foothold in the Main Belt would facilitate missions farther out. This includes Jupiter and its system of moons, Saturn and its largest satellites, and beyond.

Beyond the questions of how and when humans could settle in the Main Asteroid Belt, there's the inevitable question "why"? Why should humans establish a foothold in this region of space? There must be another source of motivation beyond the prospect of wealth and resources, surely? One of the more obvious ones is survival, both for human civilization and Earth.

In 2006, then-NASA administrator Michael Griffin stated the importance of space colonization during an interview with the Washington Post:

"The goal isn't just scientific exploration. It's also about extending the range of human habitat out from Earth into the solar system as we go forward in time. In the long run, a single-planet species will not survive. If we humans want to survive for hundreds of thousands or millions of years, we must ultimately populate other planets."

Indeed, the ability to harness the resources of the Solar System and shift the burden of mining and manufacturing away from Earth could very well help us avert climate catastrophe in this century. And as noted public figures like Stephen Hawking and Elon Musk have stated, becoming "multi-planetary" may be the only way to ensure that human civilization won't be wiped out in a single cataclysmic event.

There's also the prospect of growth and diversification. Once again, Zubrin explored this idea in Entering Space, where he claimed one of the most appealing reasons for settling the Asteroid Belt was the social diversity and experimentation it would allow for:

"This will make available thousands of potential new worlds, whose cultures and systems of law need never fuse. Perhaps some will be republican, others anarchist. Some communalist, others capitalist. Some patriarchal, others matriarchal. Some aristocratic, others egalitarian. Some religious, others rationalist. Some Epicuricans, others puritanical. Some traditional, others novel.

"For a long time to come, groups and human beings who think they have found a better way will have places to go where they can give it a try... The rest of humanity will watch and learn from their experiences. That which works will be repeated. So shall we continue to progress"

But perhaps the most compelling reason is the challenge that it represents. The drive to explore, set down in new places, and build a new life is a recurring theme in human history. When it comes to the Asteroid Belt or space in general, there's also the prospect of doing it right this time - without slavery, genocide, and imperialism, like the previous period of colonization and "discovery."

While living in the Asteroid Belt can only come after similar experiments are conducted closer to home - Low Earth Orbit (LEO), the Moon, and Mars - the benefits of settling the Main Belt are clear. Lots of places to settle, abundant resources, a thriving local economy, and a stepping stone to the outer Solar System. Someday, the term "Belters" could be a reference to something real.

"Here in the Belt, we don't believe in 'good-byes.' For us, it's always, 'until we meet again!' For those who live and thrive here, the movement of people and ships is a constant, and we're forever growing and mixing. We hope you take that same spirit with you as you return to Earth, Mars, Luna, and other destinations!

"In the meantime, we hope you enjoy your stay aboard Piazzi, Olbers, Mande, or whatever port-of-call you are destined to before returning home. We remind our passengers that transitioning from low-g to regular gravity can be challenging. Please report to one of the many clinical facilities, or call for assistance, if you are experiencing difficulty walking and standing or are experiencing unusual swelling or pain.

"We would also like to remind our passengers that they will be required to undergo bioscans upon arrival and that the prohibition against taking from the local biome remains in effect. There is much to enjoy aboard our stations, but we ask that you leave it there.

"From all of us here at Ceres and the Main Asteroid Belt, we say: thank you all, and 'until we meet again!'"

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The Art of Twitter War: How Ukraine is using social media to win support against Russia – Firstpost

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While Ukraines allied forces are meeting Russias advancing troops in the on-ground and air battle, Ukrainian ministers as well as president Volodymyr Zelenskyy have opened a new front in the fight using technology to rally forces and international support in the countrys favour.

A man sporting a ribbon in Ukrainian flag colours uses a smartphone. AFP

While Ukraines allied forces are meeting Russias advancing troops in the on-ground and air battle, Ukrainian ministers as well as President Volodymyr Zelenskyy have opened a new front in the fight by using technology to rally forces and international support.

Since the beginning of the armed conflict on 24 February when Russia launched a special military operation on Ukraine, Zelenskyy has kept the world updated about what was happening and to relay messages of strength to the Ukrainian people.

Lets take a look at how the Ukrainian administration is fighting the battle on the digital front:

The continuous online presence of the Ukrainian president through social media and digital press conferences is in stark contrast with his Russian counterpart, who has mostly remained quiet or has appeared in pictureslooking solemn.

Also read: Nothing funny about it: Braving Russian invasion, a president who was once a comedian

On 24 February Zelenskyy took to Twitter to inform the world about Russias treacherous attack and compared it to Nazi Germany in World War II.

The following days he continued tweeting about his conversations with allies and how they have extended support.

When Russian forces reached the outskirts of the capital city of Kyiv, Zelenskyy posted a video on Twitter.

"I am here. We will not lay down any weapons. We will defend our state, because our weapons are our truth. Our truth is that this is our land, our country, our children and we will protect all of this," the 44-year-old said in the video, news agency AFP reported.

After initial hesitation from the US and European Union in sending help towards defending Kyiv, it was a breakthrough moment on 26 February as Zelenskyy tweeted, "The anti-war coalition is working!

Almost on an hourly basis, Zelenskyy has updated about the situation and addressed world leaders, thanked them for their support to Ukraine through his Twitter handle.

He also thanked Prime Minister Narendra Modi for support to Ukrainian people.

Not just Zelenskyy but a member of his cabinet, minister of digital transformation of Ukraine Mykhailo Fedorov, has also been actively engaged with people on social media.

According to a report by BBC, Ukraines youngest cabinet member has been waging a digital war against Russia from an underground shelter in a secret location in Kyiv.

On 26 February, as Russian assault disrupted internet services in parts of the country, Fedorov called out to SpaceX founder Elon Musk, asking him to provide Starlink stations to the nations.

Musk readily responded by activating Starlink service in Ukraine.

Also read: How does Elon Musk's Starlink help Ukraine: All you need to know about it

Over the last 13 days since Russia invaded Ukraine, Fedorov has continued to mount pressure on multinational companies to boycott Russia. Many have responded in kind, including Apple, Microsoft, Meta, YouTube, Sony and Oracle.

Ukraines official Twitter account also upped its game after Russia launched an attack on the country by tweeting a caricature of Russian president Vladimir Putin with Hitler.

And when media outlets termed it as a meme, the people behind the Twitter handle had a ready response too.

The Twitter handle has continued to mock the Russian administration with its posts.

With inputs from agencies

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5 big takeaways from the Outlander Season 6, Episode 2 promo and synopsis – Claire and Jamie

Posted: at 10:50 pm

Jamie and Young Ian cant agree on dealing with the Cherokee in Outlander Season 6, Episode 2. Heres what to expect in the episode.

Now that Jamie has become an Indian Agent, its time to form bonds with the local Cherokee people. Jamie already has some good relations with them anyway, but he needs to strengthen them.

Meanwhile, its time for Baby Fraser to make its arrival. Marsali is going into labor, but this is not going to be the easy birth that Felicite seemed to be. Where is Fergus this time?

The promo and synopsis for Outlander Season 6, Episode 2 give us some idea of what to expect. Heres a breakdown of big storylines.

Heres a look at the promo and synopsis for the episode first. Then well get into our breakdown of everything.

Ian and Jamie butt heads over Jamies reluctance to pass along the Cherokees request for guns. The tension between Fergus and Marsali dissipates as Marsali gives birth to their fourth child. However, the joy is short-lived when a discovery is made.

Jamie is worried about what the Cherokee want

As Jamie goes to see Bird, he learns what Bird wants to gain from this alliance. Its more than just normal trade. He wants guns.

With tensions brewing in the colonies, this request is only natural. However, its not a comfortable request. Could Jamie be arming people who become enemies to the Crown? Thats certainly going to be something that he worries about.

Young Ian wants to help the Cherokee

I love that Young Ian is going to get more focus in Outlander Season 6. It looks like Episode 2 is the start of that. Well see him unhappy that Jamie doesnt really want to arm the Cherokee.

Young Ian knows about time travel. He knows a war is coming, and hes going to ask the time travelers what happens. With the time he spent with the Mohawk, of course he has some allegiance to all Native American tribes. He wants to make sure theyre protected.

Fergus continues to be a concern

When Marsali goes into labor in the promo for Outlander Season 6, Episode 2, Jamie has just one concern. Where is Fergus?

It seems that Fergus is missing a lot more than hes not. Who will have to go out to find him? Whats Fergus going to be like when someone does find him? Will we get that labor scene from A Breath of Snow and Ashes?

Theres a problem with the baby

Claire notes that theres a complication with labor. The baby hasnt moved for hours, she tells Jamie. Even at this point of labor, the baby should still be moving.

Marsali also knows that something is wrong. Yes, pregnancies and labors are all different, but shell know if something doesnt feel right. Claire will listen to her, too. Will this baby be okay? Is something going to happen to Marsali?

Tom wants the surgery after all

Claire offered to treat Toms curling hand. He didnt want the surgery at first, but that changes in Outlander Season 6, Episode 2.

It looks like Claire is going to turn to Malva for some help. Malva is keen to learn about healing, even if the men in her family dont like it. Allen may foreshadow something in his comment about female healers being viewed as witches.

What do you hope to see in Outlander Season 6, Episode 2? Share your thoughts in the comments below.

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7 futuristic space technologies that NASA is exploring – The Next Web

Posted: at 10:50 pm

If youre impressed by Martian rovers and helicopters, wait till you see whats on the horizon.

NASA has unveiled a range of visionary tech that could be used in future space missions.

The projects are the latest members of the Innovative Advanced Concepts (NIAC) program, which funds early-stage studies to evaluate their potential.

The new cohort joins an array of innovations that were already in the program.

Heres our pick of the most intriguing ideas.

Project RAMA has proposed a scalable way of exploring the solar system: converting entire asteroids into enormous autonomous spacecraft.

The team plans to use robotic processes to turn asteroid elements into programmed automata.

The idea is to cut the costs of ground launches by manufacturing the tech in outer space.

Shapeshifting is typically found in science fiction, but NASAs betting it could work in space.

The agency has funded a flying amphibious robot that mutates into different devices.

DubbedShapeshifter, the system is comprised of smaller units that collectively morph into robotic balls, flight arrays, and torpedo-like swimmers.

The proposal envisions the machine globetrotting from Titans rugged cliffs to its deep seafloors.

NASA may have found a useful tool for astronomers: a giant shade in space that blocks the glare from stars.

The 100-meter starshade would match the position and velocity of a moving telescope. It could then cast a dark shadow over the meddling star without blocking the light of its planets.

The idea reminds me of Mr Burns building a giant parasol to increase energy demand but the creators say its merely a powerful exoplanet observatory.

NASA has well-documented issues with spacesuits. The current crop is old, cumbersome, and ill-equipped for future missions.

The SmartSuit is an attempt to upgrade these outfits. The spacesuit incorporates soft robotics, stretchable self-healing skin, and integrated sensors that collect and display data to the wearer.

The kits designed specifically for human missions to Mars.

Space trash is becoming a major danger. There are approximately 100 million pieces of extraterrestrial debris that are at least 1-millimeter big. Spacecraft travel at such speeds that even tiny paint flecks can cause damage.

The Brane Craft is a wafer-thin attempt to clean up this trash. The device wraps around orbiting debris and then lowers it to burn up in Earths atmosphere.

The craft is half the thickness of a human hair and looks like a sheet of paper. The creators compare it to an automated spot cleaner in space.

If Elon Musks dream of colonizing the red planet is to become a reality, he will (hopefully) want to make the Martian air breathable.

Ivan Ermanoski, a research professor at Arizona State University, has a proposal that could help: a portable oxygen generator.

The system uses a process called thermal swing sorption/desorption (TSSD) to generate oxygen from the Martian atmosphere. Ermanoski says it uses 10x less energy than the leading current methods.

The concept could be a step towards humans breathing on Mars.

The last proposal on our list involves a technique called Optical Mining.

The project uses concentrated sunlight to turn asteroid materials into rocket propellants. This would then supply spacecraft with affordable and accessible fuel.

NASA believes the system could ultimately help industrialize space.

These devices may never see the light of space, but just one of them could transform the cosmos as we know it.

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