ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Moon landing: Time and fuel running out for US mission after critical failure

The Astrobotic Peregrine Mission One lunar lander has fewer than 40 hours before its thrusters run out of fuel and it tumbles through space, Astrobotic said.

The first U.S. moon landing mission in more than 50 years is in jeopardy after suffering from a "critical loss of propellant." 

In an update late Monday, Astrobotic Technology said the thrusters preventing its Peregrine lunar lander from tumbling uncontrollably through space are quickly losing fuel. 

"An ongoing propellant leak is causing the spacecraft's Attitude Control System (ACS) thrusters to operate well beyond their expected service life cycles to keep the lander from an uncontrollable tumble," Astrobotic said. Those thrusters are currently keeping the lander pointed at the sun to charge its solar battery. 

"If the thrusters can continue to operate, we believe the spacecraft could continue in a stable sun pointing state for approximately 40 more hours, based on current fuel consumption," Astrobotic estimated. That time frame would give the spacecraft until Wednesday before it runs out of fuel. 

US MOON LANDING MISSION IN JEOPARDY DUE TO ‘CRITICAL LOSS’ OFF FUEL

"At this time, the goal is to get Peregrine as close to lunar distance as we can before it loses the ability to maintain its sun-pointing position and subsequently loses power," Astrobotic said.

NASA contracted Astrobotic to deliver five payloads to the moon aboard its lander, the Astrobotic Peregrine Mission One, in a $108 million contract as part of its Commercial Lunar Payload Services program. 

Peregrine blasted off on a United Launch Alliance Vulcan rocket from Cape Canaveral Space Force Station at 2:18 a.m. on Monday in what was the NASA program's inaugural launch.

However, the mission went sideways when a failure in the spacecraft's propulsion system caused a "critical loss of failure" that forced Astrobotic to abandon its moon landing mission. 

US SEES SUCCESSFUL LAUNCH OF VULCAN ROCKET, PAVING THE WAY FOR FIRST MOON LANDING BY PRIVATE COMPANY 

"The team is working to try and stabilize this loss, but given the situation, we have prioritized maximizing the science and data we can capture. We are currently assessing what alternative mission profiles may be feasible at this time," the company said. 

Astrobotic released the first image taken by Peregrine in space on Monday afternoon, which showed Multi-Layer Insulation (MLI) in the foreground. 

"The disturbance of the MLI is the first visual clue that aligns with our telemetry data that points to a propulsion system anomaly," Astrobotic said. 

The mission team is working around the clock to perform as many payload and spacecraft operations as possible while Peregrine still has battery life, the company said. 

HOW NASA IS OFFERING TO PUT YOU ON THE MOON IN JUST MONTHS 

In addition to the NASA payloads, the Peregrine lander is carrying the remains of several "Star Trek" cast members and the DNA of President John F. Kennedy, Sky News reported. 

Before the announcement of the "anomaly," Astrobotic said the Peregrine craft would attempt a landing on the moon on Feb. 23. 

"Peregrine could become the first commercial lander, and first American lander in over 50 years, to land on the moon," it said. 

CLICK HERE TO READ MORE ON FOX BUSINESS

The last U.S. mission to the moon was Apollo 17 in 1972. 

Astrobotic also said Monday that the launch was the "maiden flight" of the Vulcan rocket, developed by the Lockheed-Boeing joint venture United Launch Alliance. 

Fox Business' Greg Norman contributed to this report.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.