Having successfully ‘caught’ the booster of its Starship megarocket on October 13, above, SpaceX will be attempting a similar feat during Friday’s test flight. AFP
Having successfully ‘caught’ the booster of its Starship megarocket on October 13, above, SpaceX will be attempting a similar feat during Friday’s test flight. AFP
Having successfully ‘caught’ the booster of its Starship megarocket on October 13, above, SpaceX will be attempting a similar feat during Friday’s test flight. AFP
Having successfully ‘caught’ the booster of its Starship megarocket on October 13, above, SpaceX will be attempting a similar feat during Friday’s test flight. AFP

SpaceX's Starship test flight to release fleet of mock Starlink satellites


Sarwat Nasir
  • English
  • Arabic

Elon Musk’s SpaceX is gearing up for a crucial Starship test flight in the early hours of Friday morning, about 2am UAE time, from its Starbase in Texas.

In this seventh trial flight, the company will see whether the rocket system is capable of sending payloads into space, reuse an engine from a previous flight and test new structural upgrades on the vehicle.

For the first time, Starship will carry and release 10 simulated Starlink satellites. These payloads are designed to mimic next-generation Starlink satellites in size and weight, offering SpaceX an opportunity to test and refine its deployment mechanisms. It will also attempt to catch the booster in mid-air using robotic arms, similar to how it did in the fifth test flight.

“It’s the most powerful rocket ever built and it underpins a lot of what SpaceX is trying to achieve – making space flight routine and lowering the cost of access to space," Dr Wendy N Whitman Cobb, professor of strategy and security studies at the School of Advanced Air and Space Studies in the US state of Alabama, told The National in an earlier interview.

SpaceX has been working to develop Starship for years, aiming to create a fully reusable rocket system capable of carrying large payloads and crew to destinations such as the Moon, Mars and beyond. It consists of a Super-Heavy booster and the Starship spacecraft, which together can produce 3,991 tonnes of thrust, 15 per cent more than Nasa’s Apollo Moon rocket Saturn V.

SpaceX has a $2.89 billion contract with Nasa to develop a Starship system to land astronauts on the surface of the Moon. But Mr Musk's ultimate goal with the Starship fleet is to make life multi-planetary. The company is making rapid progress on the Starship programme, having completed six test flights in less than two years, with several milestones already achieved.

It demonstrated the safe return of the booster and Starship craft in controlled landings, the mid-air recovery of its booster using robotic arms and carried out tests to prove the rocket's reusability. To achieve regulatory approval so it can begin commercial operations, SpaceX must prove full orbital flight capability, successful payload deployment and reliable reusability of the Starship craft and Super Heavy booster.

"This new year will be transformational for Starship, with the goal of bringing reuse of the entire system online and flying increasingly ambitious missions, as we reiterate towards being able to send humans and cargo to Earth orbit, the Moon and Mars," SpaceX said in a statement issued for the seventh test flight.

The Federal Aviation Administration, the US authority responsible for issuing licences to launch providers, has been working to streamline approvals, after facing pressure to accelerate the process. Processes may become even easier for SpaceX with the new Trump administration, which has historically advocated reducing regulatory barriers and expediting approval processes, especially for industries it considers critical to the US, such as aerospace and defence.

Sahith Madara, an aerospace engineer and founder of Paris advisory firm Bumi and Space, told The National in an earlier interview that the new administration could also adopt a “streamlined review” process, typically applied in infrastructure projects, which would allow SpaceX to conduct tests and launches “without waiting months for each individual permit”.

“Under a Trump-led FAA [Federal Aviation Administration], we might expect an accelerated path for SpaceX’s Starship development, primarily by cutting down on regulatory delays,” he said. “For instance, the administration could prioritise rapid permitting for launches and streamline environmental reviews, which have historically slowed SpaceX operations at Boca Chica [launch/testing site in Texas]. The FAA could waive certain regulatory requirements or set aggressive deadlines for assessments, potentially shortening the approval timeline for each launch.”

SpaceX has scheduled the test flight for 2am Gulf Standard Time, with a 60-minute launch window. The event will be broadcast live on the SpaceX website and the X platform.

The specs: 2018 BMW R nineT Scrambler

Price, base / as tested Dh57,000

Engine 1,170cc air/oil-cooled flat twin four-stroke engine

Transmission Six-speed gearbox

Power 110hp) @ 7,750rpm

Torque 116Nm @ 6,000rpm

Fuel economy, combined 5.3L / 100km

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Need to know

Unlike other mobile wallets and payment apps, a unique feature of eWallet is that there is no need to have a bank account, credit or debit card to do digital payments.

Customers only need a valid Emirates ID and a working UAE mobile number to register for eWallet account.

FINAL LEADERBOARD

1. Jordan Spieth (USA) 65 69 65 69 - 12-under-par
2. Matt Kuchar (USA) 65 71 66 69 - 9-under
3. Li Haotong (CHN) 69 73 69 63 - 6-under
T4. Rory McIlroy (NIR) 71 68 69 67 - 5-under
T4. Rafael Cabrera-Bello (ESP) 67 73 67 68 - 5-under
T6. Marc Leishman (AUS) 69 76 66 65 - 4-under
T6. Matthew Southgate (ENG) 72 72 67 65 - 4-under
T6. Brooks Koepka (USA) 65 72 68 71 - 4-under
T6. Branden Grace (RSA) 70 74 62 70 - 4-under
T6. Alexander Noren (SWE)  68 72 69 67 - 4-under

ENGLAND SQUAD

Goalkeepers Henderson, Pickford, Pope.

Defenders Alexander-Arnold, Chilwell, Coady, Dier, Gomez, Keane, Maguire, Maitland-Niles, Mings, Saka, Trippier, Walker.

Midfielders Henderson, Mount, Phillips, Rice, Ward-Prowse, Winks.

Forwards Abraham, Barnes, Calvert-Lewin, Grealish, Ings, Kane, Rashford, Sancho, Sterling.

 


 

TALE OF THE TAPE

Manny Pacquiao
Record: 59-6-2 (38 KOs)
Age: 38
Weight: 146lbs
Height: 166cm
Reach: 170cm

Jeff Horn
Record: 16-0-1 (11 KOs)
Age: 29
Weight: 146.2lbs
Height: 175cm
Reach: 173cm

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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SPECS
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Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Updated: January 16, 2025, 2:24 PM