Why has Ind Renewable Energy Limited (536709) been underperforming recently - Free Investing Community

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Why has Ind Renewable Energy Limited (536709) been underperforming recently ✌️【Part-Time Opportunities】✌️ Expert predictions with real-time global stock and futures data to help you easily capture market movements. A SpaceX Falcon 9 rocket blared toward space Wednesday carrying a pair of lunar landers on a journey to our closest celestial neighbor — kicking off what’s expected to be a bustling year of moon missions amid a renewedraceto establish a long-term human presence on the lunar surface.

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“It’s a good time for the lunar economy,” Firefly Aerospace CEO Jason Kim told 【 - Free Investing Community 】 in December, adding that he’s “100% confident in our team’s ability” — even if success isn’t guaranteed for Blue Ghost’s inaugural flight.

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Ispace is a company that aims to sell its services to space agencies or private companies seeking to put science or other payloads on the moon. Similar to Pittsburgh-based Astrobotic Technology, which developed thePeregrine lunar landerthat met a fiery end during its first attempted mission inJanuary 2024, the company has its roots in the Google Lunar XPrize. The competition offered $20 million to any company that could get a lander to the lunar surface in an effort to spur space technology innovation in the private sector. (The contest ultimately ended in 2018 with no winner as development processes took longer than expected.)

Ispace, which is now a publicly traded company on the Tokyo stock exchange, made its first moon landing attempt in 2023, but the Hakuto-R spacecraft used on that mission ultimatelycrash-landed, creating a fresh pockmark on the lunar surface. The company later attributed the failed landing attempt to imprecise data about the spacecraft’s altitude.

But Ispace said it’s back — armed with lessons learned — and ready to execute a soft touchdown the second time around.

“We gathered huge data, very valuable data, from mission one,” Jumpei Nozaki, the company’s chief financial officer, said on Monday. “So we 100% are going to utilize this (on) mission two. And, yes, we have confidence to make a successful mission this time.”

Both Firefly and Ispace confirmed they have established communication with the Blue Ghost and Resilience landers, respectively, after launch. Both spacecraft are healthy and operating as expected as they embark on their lunar journeys.

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Ultimately, Blue Ghost will spend about 25 days orbiting Earth before making a four-day trek to the moon and spending a couple weeks in lunar orbit. Firefly confirmed a target landing date of March 2.

“It’s a low-energy trajectory,” Nozaki said. “But it’s not necessarily something bad. We can verify many kind of systems during this long journey.”

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Hakuto-R’s inaugural mission failed because the spacecraft miscalculated its descent as it passed over a crater, causing it to plummet about 3 miles (5 kilometers ) to the ground, according to Ispace.

“Almost everything performed perfectly — propulsion system, communication system, and also structure,” Nozaki said of the first Hakuto-R mission. “The issue was the software and the altitude measurement has some issue.”

Blue Ghost will seek to touch down on the lunar surface near Mons Latreille, an ancient volcanic feature in a more than 300-mile-wide (483-kilometer) basin called Mare Crisium, or “Sea of Crises,” on the far eastern edge of the moon’s near side.

On board Blue Ghost is a group of science instruments and technology demonstrations to test satellite navigation, radiation-adapted computers, self-cleaning glass that can clear away lunar dust, and a “Lunar PlanetVac” to collect and sort soil samples on the moon, according toFirefly Aerospace.

Kim, the company’s CEO, said he is also excited about the possibility of sharing images and footage the Blue Ghost lander may capture.

“There’s a phenomenon called the lunar horizon glow that only theApollo 15and17 astronautshave seen with their eyes,” Kim told 【 - Free Investing Community 】. “We’re going to be able to capture that in 4K-by-4K high-definition video and share that with the rest of the world.”

Lunar horizon glowoccurs when photons from the sun react with the moon’s soil, or regolith, causingelectrostatic particles to float. The lofted dust scatters the light.

Blue Ghost will operate for about 14 days on the moon’s surface until its landing zone is thrust into lunar nighttime. During the dark period, temperatures can drop to minus 280 degrees Fahrenheit (minus 173 degrees Celsius), forcing the spacecraft to cease operations.

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Underpinned by its motto “Never Quit the Lunar Quest,” Ispace is seeking redemption with its Resilience lander.

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“The Moonhouse, the first house on the moon, could be an expression of humanity’s ability to achieve the seemingly unattainable through boundary-crossing thoughts and collaborations and maybe a symbol of humanity’s eternal and collective striving; a perspective on existence and (an) eye towards Earth,” according to aweb pageabout the art project.

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