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Regardless of the final outcome of the situation in the Ukraine with Russia. US and European relations with Russia will be bad for many years.
Europe will try to have less dependence upon Russian Natural Gas. Europe now gets about 30% from Russia.
Europe and American Banks and investors will try to have less exposure to Russian assets.
The politics are just part of it. Russia is now an unreliable and more risky situation for business.
The US has dependence on Russia for spaceflight.
At the very least, Spacex will get elevated to being an equal competitor for Air Force launches. It is likely that Russian made engines will be phased out for American launches. I believe that Spacex will get more breaks in certification and will get accelerated through manned certification and military launch certification.
Before Ukraine, the West could believe that engaging Russia as partner would be good for relations and good for business.
The U.S. Air Force is looking for new ways to get its spy and GPS satellites into space for less money through their EELV (Evolved Expendable Launch Vehicle) program. Currently United Launch Alliance (ULA), the joint venture of Lockheed Martin and Boeing, launches these satellites. But the rocket establishment is facing some competition in the form of Elon Musk and SpaceX.
ULA's Atlas V and Delta IV rockets use Russian-made rocket engines.
Elon Musk made his case for Spacex to the US Senate Sub-committee
Read more »
Reposted via Next Big Future
Regardless of the final outcome of the situation in the Ukraine with Russia. US and European relations with Russia will be bad for many years.
Europe will try to have less dependence upon Russian Natural Gas. Europe now gets about 30% from Russia.
Europe and American Banks and investors will try to have less exposure to Russian assets.
The politics are just part of it. Russia is now an unreliable and more risky situation for business.
The US has dependence on Russia for spaceflight.
At the very least, Spacex will get elevated to being an equal competitor for Air Force launches. It is likely that Russian made engines will be phased out for American launches. I believe that Spacex will get more breaks in certification and will get accelerated through manned certification and military launch certification.
Before Ukraine, the West could believe that engaging Russia as partner would be good for relations and good for business.
The U.S. Air Force is looking for new ways to get its spy and GPS satellites into space for less money through their EELV (Evolved Expendable Launch Vehicle) program. Currently United Launch Alliance (ULA), the joint venture of Lockheed Martin and Boeing, launches these satellites. But the rocket establishment is facing some competition in the form of Elon Musk and SpaceX.
ULA's Atlas V and Delta IV rockets use Russian-made rocket engines.
Elon Musk made his case for Spacex to the US Senate Sub-committee
Read more »
Reposted via Next Big Future
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