Nov 29, 18 / Sag 25, 02 15:58 UTC
General News: Nov 29 ¶
In a note to investors this week, Adam Jonas of the investment firm, Morgan Stanley wrote that they expect space industry, technological milestones, and capital formation to up the ante starting in 2019.
Jonas, in conjunction with other Morgan Stanley analysts, repeated the firm's previous stance that the majority of investors do not see the space economy as being relevant to their portfolio. But Morgan Stanley has been telling clients to pay attention to space companies and they will be hosting a "Space Summit" in December as a way to prepare investors.
However, in their report Morgan Stanley stated that 2019 could be the year for space as they expect key milestones and catalysts to develop.
In other news, NASA’s InSight probe touched down on Mars earlier this week. It is equipped with a sensitive seismometer to measure the Red Planet’s rumblings. As it aims to broaden our knowledge about otherworldly seismology, researchers are still fascinated by data from a much older source: seismometers set on the moon almost five decades ago.
In 1969, Apollo astronauts placed the first of these instruments on the Sea of Tranquility, a vast lunar plain shaped by ancient volcanic eruptions. These seismometers last sent signals to Earth in 1977. But now, Ceri Nunn, a seismologist at NASA’s Jet Propulsion Laboratory, is working with a team to compile and clean up the decades-old data.
The idea is to aggregate this repository of information from 10,000 seven-track reel-to-reel magnetic tapes into an easily downloaded and research-friendly format. As of now, copies of many of the tapes are accessible through the Japanese space agency JAXA’s website. The originals are stored at the National Space Science Data Center in Maryland, though some are at the University of Texas, and some may never have been archived.
Lastly, Elon Musk wants to send humans to Mars as early as 2024. The CEO of SpaceX has detailed his plan to send people to the red planet, with ambitious visions of refueling rockets so that “planet hopping” would be viable and, thus, exploring the furthest parts of our solar system could happen.
Click here for an overview of Musk’s plan: https://asgardia.space/en/news/asgardia-space-news-heres-a-breakdown-of-elon-musks-plan-to-send-humans-to-mars
What do you think? Will 2019 be the year for space? Will you be adding space companies to your investment portfolio?
Let's discuss in the comments below!