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tv   Bloomberg Business Week  Bloomberg  July 28, 2018 8:00am-9:00am EDT

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carol: welcome to bloomberg businessweek. i am carol massar. jason: and i am jason kelly. we are joining you from bloomberg headquarters in new york. carol: this week's issue is about the space race. jason: there is so much going on talking tinyare rockets and drug therapies at the international space station. carol: we are also talking comment mining. jason: it goes back to money. billionaires are pouring money
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race 2.0.pace carol: it does come back to money. our reporter took us to spacex. jason: but not to where you would think, not elon musk but the woman behind him, making it all happen. >> gwen is the coo and president of spacex. she has been one of the people closest to elon musk over the last 15 years or so. probablyn besides musk most responsible for turning this into something more than a wild set of dreams to colonize mars. jason: where did she come from? max: she is from the midwest, north of chicago. she started at chrysler and moved into the aerospace industry. musk founder in 2002, when there was not a lot there. it was like, we're going to make cheap rockets and make
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spaceflight cheaper and eventually get to mars. gwen shotwell said, we will have to sell some of these rockets. she had to convince nasa and some of the private telecom companies, which buy satellite 10 send them to space, to trust a rocket company that had never launched a rocket. carol: that is what is amazing. she did it. she got the meetings with the people that mattered. how? max: she said, you are trying to sell the team. there is this great guy, musk, he is very smart. you are also trying to, more importantly, you are using the small steps to make the case you are going to do something larger. they were very transparent about their progress. when they were testfiring engines, even when they had
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failures, they were transparent about saying, here is what went wrong and here is how we think we are going to be up to fix it. -- be able to fix it and this is why you should bet on us. carol: she turned it into positives rather than negatives. max: absolutely. and they were charging less money. there was a big incentive for these satellite companies and government to take a risk on these guys. musk is saying, we are untested, but if this works, this may save you hundreds of millions of dollars. jason: tell us about her relationship with musk. she's unique in her longevity. it feels like. and as you point out the piece, also, there is a yin and yang a -- about it. it often falls to her to walk back some of the things he has said, it feels like. max: there has been all these executive departures at tesla.
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spacex has been a little bit more stable, but even within spacex, gwynne has been a constant. elon musk on one side is this brilliant, volatile, emotional leader. gwynne has probably very high emotional intelligence. she is very good at managing people and very positive and probably not swinging as much in various directions. she is in sales and that is where she came up with the company. now she has expanded her purview. but she is very good at leading -- reading a room and translating the technical stuff into a business model and a story that customers can understand, that employees can understand, and as we see now, to some extent, the public can understand. jason: we are here with the
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editor in chief joe weber. what inspired the space issue? joel: we were looking up at the sky and the idea came to us. why don't we do a space issue? it is the next economic frontier. we are on the brink of watching businesses open up this vast potential that has never had the opportunity to be tapped. we are talking about on the ground and in orbit, and by looking at mars. jason: we are also talking about huge amounts of money and some of the biggest personalities devoting an infinite amount of time and resources to the mission. joel: it helps to have billions to play around with, like musk and bezos. everyone has grand ambitions. it gets to the point about how it is being commercialized. bullish projections say this is a trillion dollar industry within the next few decades. carol: it is fascinating. you cannot do a space issue without talking about musk
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but also without jeff bezos. amazon is similar but also with different strategies. joel: spacex is a remarkable story. tesla gets all the headlines, but spacex is a really quiet success. we are talking a $20 billion business. we met with the secret weapon who makes spacex work. in a very un-bezos like way, amazon is consuming everything, yet he's been very methodical with his space company. that has yet to reach orbit, but we have seen a recent lift off and landing, and you watch a menu think this is a methodical way of doing business. which is on business like, but who knows what happens? jason: next, we speak with one of the engineers behind nasa's
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mission to bring a piece of a comet back to earth. carol: and the columbia mission from 1981. jason: this is bloomberg businessweek. ♪
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carol: welcome back to "bloomberg businessweek." i am carol massar. jason: and i am jason kelly. you can also find us online. carol: and our mobile app. in the space issue this week, a profile of a possible nasa mission. jason: it is part of the plan at the space agency to do something that has never been done before. carol: and that is to bring a piece of a comment back to earth. >> it is a proposed mission. it is led by steve squires, a professor at cornell, who successfully led the mars rover mission. this is going to travel out to a comet.c
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carol: the most well-known, right? >> 67p. we know more about 67p than we know about any other comet. comets are very important to nasa. it is a top priority. there is a lot of organic material, clues in pristine condition that will give us answers to questions about the the start -- about the start of the solar system and beginning of life. jason: what do you take away from writing this about how a mission gets put together now? it is different now, from 30 years to 50 years ago. >> i can't speak to 30 or 50 years ago. i think the mars mission is instructive in terms of just telling steve what places need to be put in place to increase
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your chances of being selected. he is in competition with another project. carol: a massive competition. >> yes. tickethat their highest program, but it is up to $1 billion. it is considered medium-sized but that is a pretty healthy sized budget. the difference today is you are building on everything that came before. i think that is a very important point, that there is so much research at your fingertips that can enable you to figure out, if i have iis budget cap, how can create a project that can get out to a comet, cost-effectively and do what i need to do and bring a sample from the surface of that comet back? that is the key. it is all about the sample. it is about acquiring it and keeping it pristine in the process of acquisition and the process of transporting it back and really being able to bring it back so it is in the same condition it was in before so we can study it and find the answers.
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carol: primordial matter. >> the start of life. carol: the stuff we are all made of. like you said, it is frozen, so it is pure. dimitra: it is primitive. it is what it has been. i think that it has not been tainted so much. when we talk about comet nucleus, which is the surface, they have high hopes. the key is, make sure this is not compromised in any way on the journey back. getting there is tricky, not in any way to minimize spacecraft that can get you there, but the other key is thinking it back. you want to minimize certain things and ensure it is all about this capsule it will be in and make sure land back on her finger to the facility it is going. jason: to make this mission a success, nasa turned to a company called honeybee robotics. carol: we sat down with the cofounder. >> it was founded in new york
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city 35 years ago. in the beginning, we were providing robotics for the u.s. industry. in 1986, after the challenger explosion, nasa wanted to invest in robotics and we were at the right place at the right time. this gave me to fulfill the chance of my childhood dream of working for nasa. carol: what kind of robotics? stephen: everyone knows what a robot arm looks like. mostly, our work is at the end of the arm. robot hands, things like that. we know how to manipulate things. sometimes they are not hands, but drills or scrapers. that is the kind of work we are famous for. jason: you have a part in what is potentially one of the most ambitious space missions we have seen in our lifetime this caesar mission. stephen: i am very proud of my involvement.
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if selected, caesar will be the fourth new frontiers mission, a billion-dollar mission. the goal is to send a spacecraft to comet and to take a piece of the comet from the surface and take it home to the utah-based training facility and bring it to her duration -- bring it to curation facility. jason: your job is to get that material out of the comet. is that right? stephen: we are going to develop the end of arm tooling that reaches out and touches the blows 100 grams of sample and then we transfer that sample onto a return vehicle, supplied by the japanese agency
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-- space agency, which will take the sample home to earth. carol: there are so many moving parts. anything that goes up into the atmosphere and space has so many moving parts and you are a part of it. when you think about the grander mission, what could be the longer-term implications of getting a piece of a comet and analyzing the information, where that leads to? stephen: the science questions this project seeks to address are among the most fundamental. we are trying to answer the questions of our origins. it is possible that earth's water came from comets when the earth was very young. we know that comets have organic material. the stuff of life may have actually come from comets. we are looking at ancestry, the story of not only the earth, but people and life on earth. that is very important.
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a company like ours, we reach out and touch a comment. -- touch a comet, and some day, we think we will touch small bodies, like asteroids, and bring them home for space mining operations. it is completely different. space mining will seek to bring tons of rock back to earth for processing, but we will certainly use our caesar involvement on a resume to be where the rubber meets the road for our industrial missions. carol: i think you told that reporter, roman numeral's -- rare minerals which you get from china, someday we will find these on an asteroid -- stephen: we know that rare metals are on asteroids. back some woodng debris worth millions, tens of billions of dollars.
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they are extremely valuable. for america it is great because we do not have to rely from another country -- rely on another country, and we are plundering outerspace. carol: when you think of space, you probably think of the shuttle launches from cape canaveral. jason: absolutely. and a new book is coming out with photos that have been under wraps for a long time. they take you right there. >> i met john in the spring at a photo festival. he is a fine arts photographer who has spent many years doing lots of different kinds of work. in the 1980's, he was upset with -- obsessed with shuttle launches. carol: since he was a kid? >> to be fair. so he got himself credentialed to photograph many of these launches. he brought a medium format camera, which is a larger
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negative then most cameras. so he found his position and devoted himself to making these beautiful pictures of shuttle launches. basically, he was there at the challenger launch. devastating day for many people and him, too. he put all the pictures up in his attic. they stayed there for 30 years. in the last year, he started to revisit them. was at the explosion, but he had not planned on taking pictures. clinton: right. jason: reading about this was very moving. i think in that into meaning time, we forgot couple of things. one, how much national pride there was in the space shuttle endeavor. you think about sally ride and all of these monumental moments, and then the national tragedy in
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1986. i mean i remember president reagan. it was such a seminal moment in history. these photos really take us back to that time. clinton: absolutely. when i saw them, they are a little bit out of our normal real house, but when i saw them, i felt they were a perfect time capsule of the last great space-age. and an interesting way to interact with this more commercial era of space travel. carol: the photographers and cameras get close to the action of the launches, but the photographers are several miles away. he had to create technology to make it work? clinton: yes, and he uses a lot of ingenuity in his fine artwork as well. it is a great combination of wanting to make it happen, and what you get out of the devotion to the shuttle launches. people go crazy for this stuff and he absolutely did. carol: next, we turn to politics
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to talk about trump's twitter war with iran. jason: and the debate around the president's $12 billion in farming.-- carol: this is bloomberg businessweek. ♪
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jason: welcome back to "bloomberg businessweek." i am jason kelly. carol: i am carol massar. you can also listen to us on the radio. jason: and in london on dab digital. so much news coming out of washington this week. carol: from tweets to tariffs. jason: we turn to our go-to guy to walk us through the latest and greatest, matthew. carol: a lot is going on in washington and it is centered
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around tweets from president trump. let's start with michael co hen and get into this tape that his lawyer released. lawyer was around hoping president clinton on the monica lewinsky case. what we have got is a snippet of less than a minute of audio, a little muddled at times, but we do get a clear sense of trump's knowledge of he wasments cohen said making to quiet down the story of a playboy playmate who alleges to have had an affair with trump. trump tweeted the next day, saying, has a lawyer ever recorded a client before go -- before? the legal implications of this are murky, given the relationship between attorney-client privilege, but the biggest takeaway is that
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this clearly undercuts the trump campaign because this happened in 2016, in september 2016, and the things they were saying that he had no knowledge of these payments and did not know what they were talking about. this undercuts that. jason: from domestic politics to geopolitics, the president also tweeted in all caps about iran. i am quoting -- never, ever threaten the united states again or you will suffer consequences, the likes of which a few direct history have suffered before. it goes on. what did you make of that? matthew: we paid attention to it for about a few hours, and then something else happened. like it has been for the past 1.5 years. a stance hegressive has taken relative to iran. relative to the round when he was tweeting about north korea, with the fire and fury,
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the likes of which he has never seen. indications maybe this was coming out of the mind of john bolton, the mind of the nsa, but we quickly moved on to things around tariffs and all the things that are happening in the trade front right now. carol: speaking of trade, on tuesday morning, president trump tweeted, tariff wars are the greatest. as a result, he got into some of the implications for farmers and is now providing aid for farmers in the united states as a result of this. matthew: that is right. farmers are on the front lines of these retaliatory tariffs from china. remember, for the agricultural sector, they like the current situation with trade. they have got a big surplus. it is one of the few parts of the economy that has a surplus. what we got is a $12 billion aid package that came out of the usda, aimed at
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farmers, direct transfer payments, the government is going to buy some commodities to put them in food banks. they say they will try to extend relationships with other countries. the irony of this is these tariffs are already costing the economy. it is early, but the indications are that it is. to fix this, we are putting more money into this. one of the numbers i thought was interesting to compare to the $12 billion dear giving to ag states, the estimates are steel and aluminum tariffs are going to put $9 billion of money into the general fund, paid out by american companies that are going to have to buy imported steel and aluminum. so we are getting $9 billion on the one hand and we are putting $12 billion into the pockets of farmers. you know, republicans, this is not free trade. republicans were griping. no one on capitol hill seems to like this. trump's tweets seem to be more leveled at fellow republicans.
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carol: editor matthew philips with news out of washington. taylor riggs is here. we wanted to take a bigger look at what is going on in the agricultural sector. taylor: i am the girl. follow me into the bloomberg. carol, this is such a lousy time for a trade war. even before the tariffs were announced, you have the agricultural industry really in a slump, with prices falling and supply rising. i have charted in blue, the u.s. net farm income, now down to below $60 billion. in white, the bloomberg agricultural sub index, now down to almost a record low. even before these trade tariffs started to heat up, a really tough time for the farmers. carol: i always think it is smart to get that longer-term perspective. thank you. next, back to the space race. the physics phenomenon
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that will keep nasa's moon gateway aloft. jason: and move over elon musk. jeff bezos has his own plans for space. carol: this is bloomberg businessweek. ♪ two, down and back up.
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jason: welcome back to bloomberg businessweek. i am jason kelly. carol: and i am carol massar. still ahead, a deep dive into the final frontier economy. jason: we are talking about medical breakthroughs happening in space. carol: we are talking balloons in the stratosphere. jason: and we are going to russia to look at space junk. this is stuff that is falling from the sky, landing in
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people's gardens. carol: first, we start with peter, who has interviewed a world leading expert on unconventional orbit. jason: that means there may be a new way to travel in space. a specialist in exotic orbits, a very narrow speciality, but important. when we think of orbits, we think, this is kind of easy. the earth goes around the sun the moon goes around the ear and so on, but there are many other orbits that are more complex. nasa is planning to use one of these for a spacecraft that will be positioned on the far side of the moon that will then be used for human exploration of the moon and eventually mars. carol: we are talking about the deep space gateway? >> it is usually called the deep space gateway, but now they have a new name called the lunar orbital platform gateway.
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it is a mouthful. they are probably going to change it. spacecraft had to kind of stay on this side of the moon, but also be visible from the earth, so it had to make a halo around the moon from the perspective of the earth. if it went behind the moon, it would lose contact. it always beo have moving with the moon, and the only way to do that is to use the combination of the gravitational forces of the earth and the moon. so it is locked into place. carol: kind of like a sweet spot? >> this is where it gets really techy. jason: she is with you. keep going. >> they were building a work that goes back to the 18th ,entury, a famous mathematician
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found three sweet spot's, and sother came up with two there are five of them called points. if you are in the parking spot in space, you will stay right where you are because of the combination of the gravitational forces centrifun fungal -- gal forces acting on the spacecraft. nasa wants to use the parking spaces. kathleen howell advanced the idea by having this orbit around one of these sweet spot. jason: put this in context. the space race has been called we have all of this enthusiasm, 2.0. all of this money going toward not just getting into space, but space exploration. how does this work, pun
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intended, propelled that forward? >> propulsion is a key point. if you have to constantly be using your thrusters to stay at a certain vantage point from the moon, you will run out of propellant pretty soon. and then you will be dead in fly off. kathleen howell's orbit was a near-retro halo orbit. because it is near one of these sweet-spots, it requires very little station-keeping. it doesn't take much to stay in place. they have these xenon thrusters which are totally cool. carol: you doing ok? jason: i am barely hanging on. n after ae up your xeno while, but if you are in a sweet spot, you use less and the spacecraft can stay where it is longer and you save money. jason: next, the nyt scientist making tiny engines in boston. carol: why the world economy needs a gps backup plan.
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jason: and the search for the next cancer drug in space. carol: this is bloomberg businessweek. ♪
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jason: welcome back to bloomberg businessweek. i am jason kelly. carol: and i am carol massar. you can also find us online. jason: and on our mobile up. we have a rocket scientist. carol: her company is helping make really small engines to move around things in space and help with the congestion in the atmosphere. jason: here's what they had to say. >> a 31-year-old rocket scientist, a brilliant woman, and she has a very cool
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startup that is possibly going to change the economics of space exploration entirely. carol: that is a big statement. explain that. kyle: there is a space race 2.0 right now. what happened with personal computers, everything got smaller and more efficient, cheaper. that is happening in space. rockets and satellites, tons of this stuff was being sent up there. last year, 550 man-made objects, so a lot of this stuff is going up there. a lot of it is tiny and a lot of it cannot move around up there. jason: so these are things that may go up in the rocket and are essentially dispersed into orbit? carol: mostly satellites. mostly satellites the size of a shoebox. they are doing a lot of weather studies and climate change studies, a of data for investors. carol: what can they do with it?
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is it defined to where it is? kyle: eventually, it it will move around and then it burns up. what this company has done is create a tiny, super efficient engine that six -- that sticks to the side of them things then scoots around space, which is more stuff goes up is important because it is dangerous and some of these will hit each other. you want to avoid that. but also, they can get to different places and be more versatile. it basically makes this whole shell around the earth more valuable. jason: how did she come up with the idea? le: she was an aerospace engineer and went time i.t. -- went to m.i.t. she is a very subtle thinker, so this was an idea overlooked by nasa and boeing.
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and a lot of the other giant defense contractors. carol: this is an ion? kyle: it is like a battery. carol:k how does it work? k -- how does it work? a liquid salt. it is really stable and safe. someone is sending up a $60 million rocket isn't too worried about one of these being onboard. nasa moves satellites around but they do it with chemicals and heavy stuff. this is a simple solution. jason: you start to have this intersection, and you have a scene in the story where she is making this presentation, jeff is in the front row, and part of it is about her dry presentation style, but more importantly, she is literally
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and figuratively in the room with these guys. this could be one of the killer apps. kyle: and presenting an idea a lot of these guys overlooked. or it was too subtle. carol: billionaire cowboys. kyle: billionaire cowboys is what she calls them. she is a very thoughtful, very different person. this was a huge moment for her. carol: what she is doing is and makes them more valuable. kyle: there will be more investors because of her on the medium-sized spectrum of backspace. -- big space. speaking of space, networks need to keep computer systems running are shockingly vulnerable. jason: the world needs a gps backup plan. carol: we got more on this story from our editor.
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>> there are $2 billion worth. all of this more or less since the u.s. military that runs the satellite network opened it up to the public in 2000. jason: how do they unlock the system? people go in and start developing this? >> the most critical part of gps at this point, it is not the you can use to find this most mission critical part of the satellite network is the signals it sends out constantly that are checked by most of the gps receivers in the world. they help keep the world
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running. they are always running up against one another to make share they are precisely, to the nanosecond, lighting up. when they don't, the computer systems can go haywire. carol: so everything things off of this? >> yes. jason: what happens when someone with a bad intention do something to this system on purpose? >> the system is tough to mess with. the hostile powers can destroy satellites with icbms from earth. once the signal leaves the satellite, they can be messed within all kinds of ways. carol: you are talking about jamming and spoofing? what happens in the goes on?
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>> it is this idea you were sending false -- carol: this is worrisome. >> exactly. you are sending false signals to the satellite receivers. , it isng to sources proven capable of sending drones or other aircraft in the wrong direction. jason: some of the most optimistic folks about space are big pharma companies. carol: this is a great story. we found out why the big companies here on earth like doing research in space. >> this is incredible early-stage science, but drugmakers like amgen and novartis have been doing experiments in microgravity that exists on the international space station.
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they have been doing this back to the shuttle era and the 1990's. basically, what they can do is pick up the huge variable in the equation, which is gravity, and it can impact different processes, play with extreme temperatures, other conditions like radiation. there are certain things going on that they are trying to harness on the international space station to see if this is doing this, maybe we can replicated on earth. carol: help me get my head around this. jason: i was struggling with this. carol: so what? is it just kind of cool? what is it about that environment that makes it ideal protesting? jason: why does gravity matter? >> some things to explain simply, in gravity on earth, there are segmentation forms. in experiments, things might drift to the bottom. it might make it harder to
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study. without gravity, the particles might be more evenly distributed. carol: kind of pure? >> exactly. also, things move more slowly in space. therefore, scientists -- because astronauts and the space stations actually man the experiments, so they can see impurities along the way that might have been more slowly in space so they can pull them out and make a cleaner experiment. it is about changing things in the process. early stage research. through this, there may be able to design things better. in the case of this story, i writing about small biotech am doing safety studies on their drugs, so it is about using these extreme conditions to modify the early stages in the science. carol: tell us about this harvard researcher in this experiment she has sent up and it has come back. >> i was at cape canaveral for the launch.
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she is a former harvard researcher, and she started her own company. they are studying endothelial cells. their premise is these cells in a healthy body would normally not be growing. in the case of cancer, they are growing to see cancer in the blood. her hypothesis, which is panning out, is that these cells do not grow in space. if her hypothesis is true, she can test against them. she wants to make sure her drug does not impact the healthy cells. she won a contest in massachusetts and her work is being supported that endeavor, but then there are all kinds of other things that go on from that in terms of creating that environment in the space station for her to do the work. and for others to do work like that. jason: up next, the company that claims to have unraveled all the mysteries of the stratosphere. for a and a second life
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falling space medal in russia. jason: this is bloomberg businessweek. ♪
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carol: welcome back to bloomberg businessweek. i am carol massar. jason: and i'm jason kelly. you can also listen to us on the radio. , 106.1us xm channel 119 in boston, and a.m. 960 in the bay area. jason: and in london on dab digital. we have a pretty cool story. jason: amazing. this is a high-altitude balloon company. they think their balloons can ultimately predict the wathe forer, look out pirates, and maybe even take tourists into space. carol: we talked to our reporters. >> we are able to send all kinds
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of things to the edge of space, from communications, really awesome weather applications. in the future, only want to take people, as well, but we really are focused on the whole communications aspect of the company right now. carol: our producer is going to want to show the video. what was interesting about that, that was your first payload you guys sent into the atmosphere. as a result, i think it gave you money to do a lot more research and development and to what you -- and to fine tune what you are doing. >> it has been great. we have been able to have paying customers on all of our &d flights. -- we have a great sponsorship. it has helped us to support this moving forward. >> it was also really fun. jason: i can only imagine. there is so much talk these days about the billionaire space race and rocket launches.
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and spacex, etc., this is a different approach. both in terms of the science and the experience for the people who were actually going to do this. why this format? carol: can we just say we are talking about the loons, which have been around for hundreds of thousands of years. >> that is right. balloons,king about more really, the original flight vehicles for humanity. we are now talking 21st century balloons that can flow to the very top of the atmosphere, the area called the stratosphere, that is completely underutilized right now, so underutilized that we are able to develop a whole new economy in the stratosphere, which is really exciting for us. we are really launching into this new business, the business of being able to stay over a area of interest.
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overr customers want to be an area of earth for an extended time, we can do that. it is the opposite of a rocket flight. a rocket flight has lots of energy and you are fighting gravity. this uses gravity. it is gentle, the most energy efficiently at getting to the upper regions of our atmosphere at the edge of space. carol: as the daughter of a rocket scientist, i want to get into details. how do you navigate with the balloons? don't the winds toss them around? you talked about solar energy. get into some of the details about how this actually works. we call them strata-lites. the wind layers in the stratosphere are stratefied. they often tend to go into different directions. by navigating between these layers of wind and in between the layers of wind, this goes
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from one place to another in a way nobody thought was possible, so these very large balloons that hang out in the stratosphere use solar energy, so they can go on indefinitely and use that energy to compress air to go down. only event air out of it -- or we vent air out of it to go up, so it is a melding of different technologies to make this happen, which is why it has not happened before. jason: russia has always been a powerful force in the space race, but now there is an unexpected industry coming up. carol: you have people who are collecting space junk and turning it into every day necessities. jason: some powerful pictures. our reporter brought us more. clinton: this area is in northern russia, where a lot of
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space junk falls out of the sky and into the ocean. weetimes it misses, and found a whole community of people, you might call them sort of remaking this space trash into whatever fits their needs. all kinds of crazy stuff. jason: or just garden ornaments. carol: that is what is wild. we show these pictures of someone who actually made a boat. what is interesting is some of that scrap metal, valuablebbish, has components, titanium. jason: gold. clinton: in a way it is surprising they do not get cleaned up that it is a very remote location, hard to find. jason: it makes you think as we enter into this accelerated air of commercial space travel, this is what is happening now, in a remote part of the world.
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are we headed for a world where all of us will have rocket mementos? carol: the other thing that is interesting, and i do love these individuals, who truly this backyard,ped in their but from what i understand, they have done swapping of this material? there is a weird economy that has been created. jason: a post space ecosystem, really fascinating. clinton: it is technically elicit. he has stayed with people while two trips in a little over a year, and he stayed with people who gave him their time, but also they are not officially allowed to track this stuff. he had to sneak into private zones to get to it. so it really is just determination. carol: bloomberg businessweek is
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available on newsstands now. jason: and on bloombergbus carol: my dad was a rocket scientist involved with early space exploration. i loved reading this issue. but i loved the possible mission to grab a piece of a comet and analyze the material and understand the pristine material that will tell us more about life on earth. and civilization. i loved it. jason: i love that we got to talk to one of the guys involved in that. the guy at honeybee. he was amazing. and he really got to some of the emotion embedded in this massive project. carol: i also love you said there was so much going on only comes -- when it comes to space exploration. i love that, what about you? jason: i love the stories about balloons. a different final frontier. story,r about their own
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where it is going, it is really amazing. more bloomberg television starts right now. ♪ ♪ this isn't just any moving day.
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david: where did the name virgin come from? richard: one of the girls laughed and said, are you a virgin at business? david: did she get a finder's fee for that idea or not? you began building other companies. richard: the only reason we will go into a new sector is if we felt it was badly run. david: is there something in your life you haven't achieved? richard: we are on the verge of fullfilling that dream, a virgin spaceship going to space. daivd: now you are a sir, you were knighted. richard: i was slightly nervous it would have been a slice at the head rather than a tap on the shoulder. >> would you fix your tie, please? david: people wouldn't recognize me if my tie was fixed, but okay. >> [laughter] david: we'll just leave it this way.


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