{"id":310266,"date":"2021-07-28T18:23:09","date_gmt":"2021-07-28T15:23:09","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/beware-musk-and-bezos-porsche-is-joining-the-space-race\/"},"modified":"2021-07-28T18:23:09","modified_gmt":"2021-07-28T15:23:09","slug":"beware-musk-and-bezos-porsche-is-joining-the-space-race","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/beware-musk-and-bezos-porsche-is-joining-the-space-race\/","title":{"rendered":"#Beware, Musk and Bezos \u2014 Porsche is joining the space race"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a36e7301f91e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a36e7301f91e\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/beware-musk-and-bezos-porsche-is-joining-the-space-race\/#Isars_vision\" >Isar\u2019s vision<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/beware-musk-and-bezos-porsche-is-joining-the-space-race\/#Can_Isar_rival_SpaceX_and_Blue_Origin\" >Can Isar rival SpaceX and Blue Origin?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/beware-musk-and-bezos-porsche-is-joining-the-space-race\/#Why_would_Porsche_invest\" >Why would Porsche invest?<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#Beware, Musk and Bezos \u2014 Porsche is joining the space race<\/strong>&#8221;<\/p>\n<div><span>Celebrity\u00a0<\/span><s data-stringify-type=\"strike\">scumbags<\/s><span>\u00a0billionaires like Musk, Bezos, and Branson may feel they own space, but they have an unexpected rival: Porsche.<\/span><\/p>\n<p>Yep, the car maker\u00a0<span>is investing in German rocket start-up Isar Aerospace in an attempt to ensure access to new space-based technologies, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/1aa1e1cd-46ae-4a72-b3ab-c6bbbdbd2951\">Financial Times<\/a> reports.\u00a0<\/span><\/p>\n<p>The company is joining a group of new investors, HV Capital and Lombard Odier, by putting down $75 million, which brings the total <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/spacenews.com\/isar-aerospace-orbex-raise-funding-for-small-launch-vehicles\/\">Series B funding round<\/a> to $165 million.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Isars_vision\"><\/span>Isar\u2019s vision<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Despite its low profile, Isar aims to compete with\u00a0<span>Elon Musk\u2019s SpaceX and Jeff Bezos\u2019s Blue Origin by offering (relatively) inexpensive low-earth orbit satellite launch services.<\/span><\/p>\n<p><span>This year, the company began manufacturing its Spectrum rocket, which relies heavily on automation and 3D printing to reduce production costs.<\/span><\/p>\n<p><span>Spectrum is a two-stage launch vehicle, specifically designed for satellite constellation deployment. <\/span><\/p>\n<p><span>Its payload capability can reach up to 1,000kg, and its multi-ignition second-stage engine can inject payloads directly into orbit.\u00a0<\/span><\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1362254 js-lazy\" alt=\"Porche is investing in space rocket company.\" width=\"700\" height=\"467\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b.jpg\" srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b.jpg 700w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b-280x187.jpg 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b-405x270.jpg 405w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b-202x135.jpg 202w\"\/><figcaption>Credit: Isar Aerospace<\/figcaption><figcaption><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thenextweb.com\/news\/#\" data-url=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Feditorial.thenextweb.com%2Fshift%2F2021%2F07%2F28%2Fbeware-musk-and-bezos-porsche-is-joining-space-race-invests-isar-aerospace%2F&amp;via=thenextweb&amp;related=thenextweb&amp;text=Check out this picture on: An impression of Isar\u2019s Spectrum rocket.\" data-title=\"Share An impression of Isar\u2019s Spectrum rocket. on Twitter\" data-width=\"685\" data-height=\"500\" class=\"post-image-share popitup\" title=\"Share An impression of Isar\u2019s Spectrum rocket. on Twitter\"><i class=\"icon icon--inline icon--twitter--dark\"\/><\/a>An impression of Isar\u2019s Spectrum rocket.<\/figcaption><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1362254\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b.jpg\" alt=\"Porche is investing in space rocket company.\" width=\"700\" height=\"467\" srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b.jpg 700w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b-280x187.jpg 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b-405x270.jpg 405w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/https___d1e00ek4ebabms.cloudfront.net_production_a61ab36f-ec79-45ca-a2d4-1ac0c65c543b-202x135.jpg 202w\"\/><\/noscript><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Can_Isar_rival_SpaceX_and_Blue_Origin\"><\/span>Can Isar rival SpaceX and Blue Origin?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>I\u2019d say it\u2019s a long shot.<\/p>\n<p>Isar was founded just three years ago and since then <span>it\u2019s raised the relatively low amount of $180 million in funding.<\/span><\/p>\n<p>It\u2019s also never sent a single satellite to space.<\/p>\n<p>On the upside, in May, Isar became the first private European company to secure a contract from the European Space Agency (ESA), when it was awarded with $13 million by the German Government to<span>\u00a0launch two satellites into orbit.\u00a0<\/span><\/p>\n<p>The company\u2019s also planning to develop reusable rockets in the future, which would give it a huge advantage as this specific tech is still lagging.<\/p>\n<p>Nevertheless, we need to wait for Spectrum\u2019s launch later in 2022 before we can make safer conclusions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_would_Porsche_invest\"><\/span>Why would Porsche invest?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span>Here\u2019s what Lutz Meschke, a Porsche executive, had to say:<\/span><\/p>\n<blockquote>\n<p>We are convinced that cost-effective and flexible access to space will be a key enabler for innovations in traditional industries as well as for new and disruptive technologies and business models.<\/p>\n<\/blockquote>\n<p>It goes without saying that the traditional industry that interests Porsche is the automotive sector.<\/p>\n<p>As cars become more and more software-centric, successful space tech could also be brought from the stars to the earth.<\/p>\n<p>Besides that, we all know that GPS systems are based on satellite data, which means that direct access to satellites could enhance the automaker\u2019s navigation and even parking systems.<\/p>\n<p>Personally, I doubt that Isar has a chance to seriously rival SpaceX and Blue Origin \u2014 at least for\u00a0the next decade \u2014<span>but my guess is that this is only the beginning for brands\u2019 investment into space.<\/span><\/p>\n<hr\/>\n<p><i><span>Do EVs excite your electrons? Do ebikes get your wheels spinning? Do self-driving cars get you all charged up?\u00a0<\/span><\/i><\/p>\n<p><i><span>Then you need the weekly SHIFT <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>letter in your life.\u00a0<\/span><\/i><i><span>Click here to sign up<\/span><\/i>.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/beware-musk-and-bezos-porsche-is-joining-space-race-invests-isar-aerospace\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Beware, Musk and Bezos \u2014 Porsche is joining the space race&#8221; Celebrity\u00a0scumbags\u00a0billionaires like Musk, Bezos, and Branson may feel they own space, but they have an unexpected rival: Porsche. Yep, the car maker\u00a0is investing in German rocket start-up Isar Aerospace in an attempt to ensure access to new space-based technologies, the Financial Times reports.\u00a0 The&#8230;<\/p>\n","protected":false},"author":1,"featured_media":310267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/shift?filter_last=1&fit=1280,640&url=https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2021\/07\/Untitled-design-4-6.jpg&signature=8c508caf90a08d72147281e9babd07bd","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-310266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/310266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=310266"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/310266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/310267"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=310266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=310266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=310266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}