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2025-06-06 22:30:00| Fast Company

President Donald Trump signed a cluster of aviation-focused executive orders on Friday, clearing a path for commercial flights that travel faster than the speed of sound. The White House seeks to establish the U.S. as the undisputed leader in high-speed aviation, according to a summary of the order, and specifically seeks to repeal the ban on overland supersonic flight, which has been in place since 1973.  The order also instructs the Federal Aviation Administration to repeal other regulatory barriers blocking supersonic flight and to create a noise certification standard that accounts for community acceptability, economic reasonableness, and technological feasibility. Noise concerns over supersonic booms have plagued the promise of supersonic travel since the technologys early days. After the advent of supersonic flight, Americans filed tens of thousands of complaints citing disruptions from the noise and property damage, eventually leading to the ban.  NASA, which has pushed for a repeal of the ban, set out to engineer a low-boom supersonic jet that flies quietly to resolve noise nuisance concerns. After years of development, the X-59 has cleared key tests and is on the way to its first test flight. On the private side, aerospace company Boom recently conducted a test flight of its own quieter supersonic aircraft. For more than 50 years, outdated and overly restrictive regulations have grounded the promise of supersonic flight, stifling American ingenuity and weakening our global competitiveness in aviation, the White House wrote in a summary of the order, which follows proposed legislation introduced in Congress last month that would allow supersonic civil aircraft to fly as long as no sonic boom reaches the ground in the United States. Adjacent executive orders also signed on Friday seek to boost domestic commercial drone development and bolster U.S. defenses against the threat posed by unauthorized drones, citing safety concerns over critical infrastructure and large-scale events like the 2028 Summer Olympics in Los Angeles.


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2025-06-06 20:45:00| Fast Company

Used car prices ticked down slightly last month in spite of uncertainty around tariffs, but buying a new old whip still costs more than it used to.  In April, the average cost for a used vehicle shot up as consumers raced to lock in purchases ahead of potential price hikes driven by Trumps ongoing trade wars. The Manheim Used Vehicle Value Index from Cox Automotive, which tracks used car sales in the U.S., showed a 1.4% drop in prices last month, but prices are still up 4% compared to the same time last year. In April, used car prices saw their biggest spike since October 2023. While the market continues to digest the impact of tariffs, we could see a bit higher levels of wholesale depreciation over the summer, Cox Automotive Senior Director of Economic and Industry Insights Jeremy Robb said in the report, while noting that low inventory could act as a counterbalance, driving prices back up. Compared to a year ago, luxury cars saw the biggest price increase at 6.5%, with SUVs close behind with a 5.2% year-over-year increase. Electric vehicle prices were up 3.1% compared to the same time last May.  Used car prices in the U.S. have been a telling indicator of market forces in recent years. In the pandemics early days, supply chain issues constricted the availability of new cars, driving more buyers to the used market. That demand sent used car prices up, and they mostly stayed that way.  In March, President Trump announced a 25% tariff on imported cars and car parts, sowing fresh inflation concerns and sending supply chains into chaos again. Trump later eased tariffs for vehicles assembled in the U.S. using foreign parts a reprieve intended to give U.S. automakers a break while they scramble to determine the feasibility of building domestic supply chains to replace parts sourcing abroad.


Category: E-Commerce

 

2025-06-06 20:00:00| Fast Company

A Japanese company trying to land a spacecraft on the moon Friday said that the unmanned lander is believed to have crashed into the lunar surface. The Tokyo-based private space exploration company ispace reported that its Resilience lunar lander successfully initiated its descent onto the moon, but lost communication shortly afterward. Resilience made its descent from 100 kilometers above the moons surface to 20 kilometers normally, and its main engine fired to initiate the deceleration process before ispaces connection to the spacecrafts telemetry went dark. Five hours after initiating the landing sequence and attempting to remotely reboot the craft, mission control determined that regaining the connection wasnt possible and declared an end to the mission, known as Mission 2 SMBC x HAKUTO-R Venture Moon.  According to the companys early findings, the laser range-finder that Resilience used to calculate the distance to the surface of the moon was operating on a delay, an error that likely prevented the lander from slowing down for a successful landing. Given those findings, ispace concluded that its signature spacecraft likely performed a hard landing on the lunar surface. A crash landing upends the mission Given that there is currently no prospect of a successful lunar landing, our top priority is to swiftly analyze the telemetry data we have obtained thus far and work diligently to identify the cause, ispace CEO Takeshi Hakamada said, adding that the company would issue a detailed report on its findings. The failed lunar mission follows ispaces first attempt in 2023, which also ended with a bang. That craft, the Hakuto-R lunar lander, free-fell out of the sky for 5 kilometers before smashing into the lunar surface after onboard sensors miscalculated its altitude.  The lunar south pole in the spotlight With interest in Mars on the upswing, humanitys drive to get back to the moon seemed to have waned in recent decades before a recent flurry of new lunar excitement. In 2023, India became the fourth nation to successfully land on the moon, joining the U.S., the former Soviet Union, and China. The following year, Japan joined their ranks when the countrys JAXA space agency nailed a historic pinpoint landing on the moon, but pulled the feat off accidentally upside down. For national space agencies, the spirit of scientific exploration isnt the only thing putting the moon back in focus. The moons icy south pole is believed to house water frozen in shadowed craters, a resource that would prove invaluable for future human activity on the moon, or even as a hydration way-stop for space exploration beyond it.  That context is useful for understanding why manned moon missions are back on the docket for NASA, which wants to establish the first long-term presence on the lunar surface and plans to put humans back on the moon in 2028, optimistically. China has its own plans to send astronauts to the moon by 2030, the first stepping stone toward its goal of establishing a lunar research station. Private partnerships power the new space race Lunar interest isnt just waxing among national space agencies. Private spaceflight companies around the globe have scrambled to get into the mix, with some like ispace sending their landers up with a ride from SpaceX rockets.  Firefly Aerospace, based near Austin, Texas, made history of its own in March when its Blue Ghost lunar lander reached the lunar surface, making it the first private company to soft-land on the moon. A lunar lander from Houston-based Intuitive Machines followed closely behind but touched down at an odd angle, preventing the solar panels that power it from recharging to carry out its mission objectives.  Both lunar missions carried equipment for NASA through a program known as Commercial Lunar Payload Services, an initiative that will allow the agency to conduct scientific research through private moon missions. Between global powers with designs on lunar ice and a lucrative web of public-private partnerships, the moon is the next big prize in the space raceone were going to be hearing a lot more about in the coming years.


Category: E-Commerce

 

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