The Application of Portfolio Concepts to Credit Analysis

Thomas O. Stanley is an Assistant Professor of Finance at Southern Illinois University at Carbondale. John K. Ford is an Associate Professor of Finance at the University of Maine at Orono

Nuclear Thermal Rocket/Vehicle Characteristics And Sensitivity Trades For NASA's Mars Design Reference Architecture (DRA) 5.0 Study

This paper summarizes Phase I and II analysis results from NASA's recent Mars DRA 5.0 study which re-examined mission, payload and transportation system requirements for a human Mars landing mission in the post-2030 timeframe. Nuclear thermal rocket (NTR) propulsion was again identified as the preferred in-space transportation system over chemical/aerobrake because of its higher specific impulse (I(sub sp)) capability, increased tolerance to payload mass growth and architecture changes, and lower total initial mass in low Earth orbit (IMLEO) which is important for reducing the number of Ares-V heavy lift launches and overall mission cost. DRA 5.0 features a long surface stay (approximately 500 days) split mission using separate cargo and crewed Mars transfer vehicles (MTVs). All vehicles utilize a common core propulsion stage with three 25 klbf composite fuel NERVA-derived NTR engines (T(sub ex) approximately 2650 - 2700 K, p(sub ch) approximately 1000 psia, epsilon approximately 300:1, I(sub sp) approximately 900 - 910 s, engine thrust-toweight ratio approximately 3.43) to perform all primary mission maneuvers. Two cargo flights, utilizing 1-way minimum energy trajectories, pre-deploy a cargo lander to the surface and a habitat lander into a 24-hour elliptical Mars parking orbit where it remains until the arrival of the crewed MTV during the next mission opportunity (approximately 26 months later). The cargo payload elements aerocapture (AC) into Mars orbit and are enclosed within a large triconicshaped aeroshell which functions as payload shroud during launch, then as an aerobrake and thermal protection system during Mars orbit capture and subsequent entry, descent and landing (EDL) on Mars. The all propulsive crewed MTV is a 0-gE vehicle design that utilizes a fast conjunction trajectory that allows approximately 6-7 month 1-way transit times to and from Mars. Four 12.5 kW(sub e) per 125 square meter rectangular photovoltaic arrays provide the crewed MTV with approximately 50 kW(sub e) of electrical power in Mars orbit for crew life support and spacecraft subsystem needs. Vehicle assembly involves autonomous Earth orbit rendezvous and docking between the propulsion stages, in-line propellant tanks and payload elements. Nine Ares-V launches -- five for the two cargo MTVs and four for the crewed MTV -- deliver the key components for the three MTVs. Details on mission, payload, engine and vehicle characteristics and requirements are presented and the results of key trade studies are discussed

Nuclear Thermal Rocket (Ntr) Propulsion: A Proven Game-Changing Technology for Future Human Exploration Missions

The NTR represents the next evolutionary step in high performance rocket propulsion. It generates high thrust and has a specific impulse (Isp) of approx.900 seconds (s) or more V twice that of today s best chemical rockets. The technology is also proven. During the previous Rover and NERVA (Nuclear Engine for Rocket Vehicle Applications) nuclear rocket programs, 20 rocket reactors were designed, built and ground tested. These tests demonstrated: (1) a wide range of thrust; (2) high temperature carbide-based nuclear fuel; (3) sustained engine operation; (4) accumulated lifetime; and (5) restart capability V all the requirements needed for a human mission to Mars. Ceramic metal cermet fuel was also pursued, as a backup option. The NTR also has significant growth and evolution potential. Configured as a bimodal system, it can generate electrical power for the spacecraft. Adding an oxygen afterburner nozzle introduces a variable thrust and Isp capability and allows bipropellant operation. In NASA s recent Mars Design Reference Architecture (DRA) 5.0 study, the NTR was selected as the preferred propulsion option because of its proven technology, higher performance, lower launch mass, simple assembly and mission operations. In contrast to other advanced propulsion options, NTP requires no large technology scale-ups. In fact, the smallest engine tested during the Rover program V the 25,000 lbf (25 klbf) Pewee engine is sufficient for human Mars missions when used in a clustered engine arrangement. The Copernicus crewed spacecraft design developed in DRA 5.0 has significant capability and a human exploration strategy is outlined here that uses Copernicus and its key components for precursor near Earth asteroid (NEA) and Mars orbital missions prior to a Mars landing mission. Initially, the basic Copernicus vehicle can enable reusable 1-year round trip human missions to candidate NEAs like 1991 JW and Apophis in the late 2020 s to check out vehicle systems. Afterwards, the Copernicus spacecraft and its 2 key components, now configured as an Earth Return Vehicle / propellant tanker, would be used for a short round trip (approx.18 - 20 months)/short orbital stay (60 days) Mars / Phobos survey mission in 2033 using a split mission approach. The paper also discusses NASA s current Foundational Technology Development activities and its pre-decisional plans for future system-level Technology Demonstrations that include ground testing a small (approx.7.5 klbf) scalable NTR before the decade is out with a flight test shortly thereafter

Nuclear Thermal Propulsion (NTP): A Proven Growth Technology for Human NEO/Mars Exploration Missions

The nuclear thermal rocket (NTR) represents the next "evolutionary step" in high performance rocket propulsion. Unlike conventional chemical rockets that produce their energy through combustion, the NTR derives its energy from fission of Uranium-235 atoms contained within fuel elements that comprise the engine s reactor core. Using an "expander" cycle for turbopump drive power, hydrogen propellant is raised to a high pressure and pumped through coolant channels in the fuel elements where it is superheated then expanded out a supersonic nozzle to generate high thrust. By using hydrogen for both the reactor coolant and propellant, the NTR can achieve specific impulse (Isp) values of ~900 seconds (s) or more - twice that of today s best chemical rockets. From 1955 - 1972, twenty rocket reactors were designed, built and ground tested in the Rover and NERVA (Nuclear Engine for Rocket Vehicle Applications) programs. These programs demonstrated: (1) high temperature carbide-based nuclear fuels; (2) a wide range of thrust levels; (3) sustained engine operation; (4) accumulated lifetime at full power; and (5) restart capability - all the requirements needed for a human Mars mission. Ceramic metal "cermet" fuel was pursued as well, as a backup option. The NTR also has significant "evolution and growth" capability. Configured as a "bimodal" system, it can generate its own electrical power to support spacecraft operational needs. Adding an oxygen "afterburner" nozzle introduces a variable thrust and Isp capability and allows bipropellant operation. In NASA s recent Mars Design Reference Architecture (DRA) 5.0 study, the NTR was selected as the preferred propulsion option because of its proven technology, higher performance, lower launch mass, versatile vehicle design, simple assembly, and growth potential. In contrast to other advanced propulsion options, no large technology scale-ups are required for NTP either. In fact, the smallest engine tested during the Rover program - the 25,000 lbf (25 klbf) "Pewee" engine is sufficient when used in a clustered engine arrangement. The "Copernicus" crewed spacecraft design developed in DRA 5.0 has significant capability and a human exploration strategy is outlined here that uses Copernicus and its key components for precursor near Earth object (NEO) and Mars orbital missions prior to a Mars landing mission. The paper also discusses NASA s current activities and future plans for NTP development that include system-level Technology Demonstrations - specifically ground testing a small, scalable NTR by 2020, with a flight test shortly thereafter

Nuclear Thermal Propulsion (NTP): A Proven, Growth Technology for Fast Transit Human Missions to Mars

The "fast conjunction" long surface stay mission option was selected for NASA's recent Mars Design Reference Architecture (DRA) 5.0 study because it provided adequate time at Mars (approx. 540 days) for the crew to explore the planet's geological diversity while also reducing the "1-way" transit times to and from Mars to approx. 6 months. Short transit times are desirable in order to reduce the debilitating physiological effects on the human body that can result from prolonged exposure to the zero-gravity (0-gE) and radiation environments of space. Recent measurements from the RAD detector attached to the Curiosity rover indicate that astronauts would receive a radiation dose of approx. 0.66 Sv (approx. 66 rem)-the limiting value established by NASA-during their 1-year journey in deep space. Proven nuclear thermal rocket (NTR) technology, with its high thrust and high specific impulse (Isp approx. 900 s), can cut 1-way transit times by as much as 50 percent by increasing the propellant capacity of the Mars transfer vehicle (MTV). No large technology scale-ups in engine size are required for these short transit missions either since the smallest engine tested during the Rover program-the 25 klbf "Pewee" engine is sufficient when used in a clustered arrangement of three to four engines. The "Copernicus" crewed MTV developed for DRA 5.0 is a 0-gE design consisting of three basic components: (1) the NTP stage (NTPS); (2) the crewed payload element; and (3) an integrated "saddle truss" and LH2 propellant drop tank assembly that connects the two elements. With a propellant capacity of approx. 190 t, Copernicus can support 1-way transit times ranging from approx. 150 to 220 days over the 15-year synodic cycle. The paper examines the impact on vehicle design of decreasing transit times for the 2033 mission opportunity. With a fourth "upgraded" SLS/HLV launch, an "in-line" LH2 tank element can be added to Copernicus allowing 1-way transit times of 130 days. To achieve 100 to 120 day transit times, Copernicus' saddle truss/drop tank assembly is replaced by a "star truss" assembly with paired modular drop tanks to further increase the vehicle's propellant capacity. The HLV launch count increases (from approx. 5 to 7) and a fourth engine is needed to reduce total mission burn time and gravity losses. Using a "split mission" approach, the NTPS, in-line tank and the saddle truss/LH2 drop tank elements can be configured as a pre-deployed Earth Return Vehicle/propellant tanker supporting 90-day crewed mission transits. The split mission approach also eliminates the need for on-orbit assembly. Mission scenario descriptions, key features and operational characteristics for five different vehicle configurations are presented

A review of conventional and emerging process technologies for the recovery of helium from natural gas

Helium is a unique gas with a wide range of important medical, scientific and industrial applications based on helium's extremely low boiling temperature, inert and non-flammable nature and small molecular size. The only practical sources of helium are from certain natural gas (NG) fields. As world demand for helium rapidly increases, the value of NG fields that contain it even in very small amounts is likely to rise significantly if the helium can be recovered efficiently. However, recovering the helium from the NG using conventional cryogenic distillation processes is expensive and energy intensive. We review the scope for improving the efficiency of the conventional helium recovery and upgrade processes, and evaluate the potential of emerging technologies based on adsorption or membrane separations for helium upgrade and purification. Helium recovery and purification processes are comparable in many ways with systems designed for hydrogen purification and thus, many of recent technological advances for H-2 separation from CH4, N-2 and CO2 may be applicable to a helium recovery process. Furthermore, some recent patents and pilot plant studies indicate there exist several opportunities for the development of advanced materials, such as helium-selective adsorbents, and optimized process operations for the recovery of helium from NG

Long-Billed Curlew (\u3ci\u3eNumenius americanus\u3c/i\u3e) Rangewide Survey and Monitoring Guidelines

LBCUs are a species of special concern throughout much of their breeding range in North America, with both the U.S. and Canadian Shorebird Plans listing them as “Highly Imperiled” (Brown et al. 2001). LBCUs are also listed in the U.S. as a Bird of Conservation Concern, at the National level, within FWS Regions 1, 2, 4 and 6, and for many Bird Conservation Regions (U.S. Fish and Wildlife Service 2002). This level of concern is due to apparent population declines, particularly in the shortgrass and mixed-grass prairie of the western Great Plains (Brown et al. 2001). Threats include habitat loss and fragmentation due to agricultural conversion (cropland and tame pasture), encroachment of woody vegetation, and urban development. For details on LBCU ecology, management, and conservation, refer to Dugger and Dugger (2002)

The density of states of chaotic Andreev billiards

Quantum cavities or dots have markedly different properties depending on whether their classical counterparts are chaotic or not. Connecting a superconductor to such a cavity leads to notable proximity effects, particularly the appearance, predicted by random matrix theory, of a hard gap in the excitation spectrum of quantum chaotic systems. Andreev billiards are interesting examples of such structures built with superconductors connected to a ballistic normal metal billiard since each time an electron hits the superconducting part it is retroreflected as a hole (and vice-versa). Using a semiclassical framework for systems with chaotic dynamics, we show how this reflection, along with the interference due to subtle correlations between the classical paths of electrons and holes inside the system, are ultimately responsible for the gap formation. The treatment can be extended to include the effects of a symmetry breaking magnetic field in the normal part of the billiard or an Andreev billiard connected to two phase shifted superconductors. Therefore we are able to see how these effects can remold and eventually suppress the gap. Furthermore the semiclassical framework is able to cover the effect of a finite Ehrenfest time which also causes the gap to shrink. However for intermediate values this leads to the appearance of a second hard gap - a clear signature of the Ehrenfest time.Comment: Refereed version. 23 pages, 19 figure

A One-year, Short-Stay Crewed Mars Mission Using Bimodal Nuclear Thermal Electric Propulsion (BNTEP) - A Preliminary Assessment

A crewed mission to Mars poses a significant challenge in dealing with the physiological issues that arise with the crew being exposed to a near zero-gravity environment as well as significant solar and galactic radiation for such a long duration. While long surface stay missions exceeding 500 days are the ultimate goal for human Mars exploration, short round trip, short surface stay missions could be an important intermediate step that would allow NASA to demonstrate technology as well as study the physiological effects on the crew. However, for a 1-year round trip mission, the outbound and inbound hyperbolic velocity at Earth and Mars can be very large resulting in a significant propellant requirement for a high thrust system like Nuclear Thermal Propulsion (NTP). Similarly, a low thrust Nuclear Electric Propulsion (NEP) system requires high electrical power levels (10 megawatts electric (MWe) or more), plus advanced power conversion technology to achieve the lower specific mass values needed for such a mission. A Bimodal Nuclear Thermal Electric Propulsion (BNTEP) system is examined here that uses three high thrust Bimodal Nuclear Thermal Rocket (BNTR) engines allowing short departure and capture maneuvers. The engines also generate electrical power that drives a low thrust Electric Propulsion (EP) system used for efficient interplanetary transit. This combined system can help reduce the total launch mass, system and operational requirements that would otherwise be required for equivalent NEP or Solar Electric Propulsion (SEP) mission. The BNTEP system is a hybrid propulsion concept where the BNTR reactors operate in two separate modes. During high-thrust mode operation, each BNTR provides 10's of kilo-Newtons of thrust at reasonably high specific impulse (Isp) of 900 seconds for impulsive transplanetary injection and orbital insertion maneuvers. When in power generation/EP mode, the BNTR reactors are coupled to a Brayton power conversion system allowing each reactor to generate 100's of kWe of electrical power to a very high Isp (3000 s) EP thruster system for sustained vehicle acceleration and deceleration in heliocentric space

A One-year, Short-Stay Crewed Mars Mission Using Bimodal Nuclear Thermal Electric Propulsion (BNTEP) - A Preliminary Assessment

A crewed mission to Mars poses a signi cant challenge in dealing with the physiolog- ical issues that arise with the crew being exposed to a near zero-gravity environment as well as signi cant solar and galactic radiation for such a long duration. While long sur- face stay missions exceeding 500 days are the ultimate goal for human Mars exploration, short round trip, short surface stay missions could be an important intermediate step that would allow NASA to demonstrate technology as well as study the physiological e ects on the crew. However, for a 1-year round trip mission, the outbound and inbound hy- perbolic velocity at Earth and Mars can be very large resulting in a signi cant propellant requirement for a high thrust system like Nuclear Thermal Propulsion (NTP). Similarly, a low thrust Nuclear Electric Propulsion (NEP) system requires high electrical power lev- els (10 megawatts electric (MWe) or more), plus advanced power conversion technology to achieve the lower speci c mass values needed for such a mission. A Bimodal Nuclear Thermal Electric Propulsion (BNTEP) system is examined here that uses three high thrust Bimodal Nuclear Thermal Rocket (BNTR) engines allowing short departure and capture maneuvers. The engines also generate electrical power that drives a low thrust Electric Propulsion (EP) system used for ecient interplanetary transit. This combined system can help reduce the total launch mass, system and operational requirements that would otherwise be required for equivalent NEP or Solar Electric Propulsion (SEP) mission. The BNTEP system is a hybrid propulsion concept where the BNTR reactors operate in two separate modes. During high-thrust mode operation, each BNTR provides 10's of kilo- Newtons of thrust at reasonably high speci c impulse (Isp) of 900 seconds for impulsive trans-planetary injection and orbital insertion maneuvers. When in power generation / EP mode, the BNTR reactors are coupled to a Brayton power conversion system allowing each reactor to generate 100's of kWe of electrical power to a very high Isp (3000 s) EP thruster system for sustained vehicle acceleration and deceleration in heliocentric space