LaunchVehicleBusinessWorkshop.pptVIP

Launch Vehicle Business Workshop Faculty John M. Jurist, Ph.D. David L. Livingston, D.B.A. Tasks Characterize notional vehicle Principles of cost engineering Estimate development costs Estimate production costs Synthesis of financial proforma Market assumptions / factors Goals for Participants Step through process of notional vehicle characterization Gather data required for cost estimation Learn principles and concepts of Transcost Estimate development and production costs Synthesis of financial proforma Study variable sensitivities Discuss market assumptions / factors Characterize Notional Vehicle Define mission characteristics Incorporate understanding of technology Rough out vehicle concept Notional Vehicle Disclaimer Any similarity to Space-X Falcon-1 is purely coincidental Public domain information from Space-X is useful for sanity checks Notional Vehicle Characterization Deliver payload of 1,600 pounds to 200 km low earth orbit (LEO) Expendable launch vehicle (ELV) Vertical take off (VTO) Two stage (TSTO) Conventional bipropellant liquid Liquid oxygen (LOX) and kerosene (RP-1) Notional Flight Parameters 200 km circular orbit 7,784 meters/sec circular velocity 30% margin for gravity, air drag, other Total launch speed change capability Delta-V = 10,114 meters/sec Includes 460 meters/sec Earth spin boost The Rocket Equation Mo/Mf = e(v/c) or v = c ln(Mo/Mf) Mo = GLOW = liftoff mass Mf = burnout mass c = g * Isp = exhaust velocity v = ideal burnout velocity Space-X Falcon-1e Cost Engineering What is it? Ignore cost (cost + percentage) and optimize performance Design to cost (cost + fixed fee) and meet performance Cost engineering (cost + incentive) minimize life cycle (complete or partial) cost Technology Readiness Levels (1) TRL1 Basic principles observed and reported TRL2 Technology concept and prototype demonstration or application formulated TRL3 Analytical and experimental critical functions or characteristics demonstrated