[net.space] Prudential

Dale.Amon%CMU-RI-FAS@sri-unix.UUCP (04/11/84)

The funding effort Prudential Insurance was involved with was Spacetran, run
by Klauss Heist. William H. Sword Investment was also involved. Spacetran
recently disbanded, partially due to a falling out between Sword and Heist.
Additionally, NASA never accepted officially accepted their proposal for
review, as has occured with Cyprus (now Astrotech International). NASA had
the attitude that Spacetran was 'too greedy'. This is not to say that Cyprus
will fair any better, but considering the Rockwell connections, I suspect
the chances are somewhat more realistic.

In any case, don't hold your breath. NASA has indicated that it still
considers the shuttle to be an R&D vehicle that is not yet 'debugged'. For
those who follow launches religiously, the continuing glitches show that
these is indeed a correct opinion. Realistic commercialization is going to
require, at the very least, a cure for the excessive engine wear they
are experiencing, not to mention the problems of upper atmosphere oxygen
penetrating and damaging shuttle structural materials.

It is my feeling that when the time comes (a few years) Cyprus will be given
a serious opportunity. It will take several years of negotiation with NASA
in the best of cases, so Cyprus is wise to start the ball rolling at this
time.