Thursday, November 5, 2009

Some Good News

Good news on the innovation front. Another example of the vast potential to blow open the doors of innovation during the coming Bear Market. Lot's of smart men and women out there doing big things. Fun to see advances in a "market" that has always been dominated by government structures.

Rocketeers Win $1 Million in Lunar Lander Contest
By Tariq Malik, Managing Editor,
A California-based team of engineers has snagged a $1 million NASA prize by winning a pitched competition to fly homemade rockets on mock moon landing missions.

Masten Space Systems of Mojave, Calif., successfully flew its rocket Xoie (pronounced Zoey) twice within a set time limit to qualify for the top Level 2 prize in the Northrop Grumman Lunar Lander Challenge, a NASA-sponsored contest to build mock lunar landers.

The Masten team beat longtime front-runner Armadillo Aerospace, a Texas-based team led by video game developer John Carmack, with precision flying on Oct. 30 that gave their Xoie vehicle the best landing accuracy of the multi-month competition. An award ceremony is set for Thursday in Washington, D.C....

There is much "doom" on the horizon for a lot of entrenched elites and interests. It certainly isn't all "gloom" though.

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