The most interesting addition to the Space Access crowd was Esther Dyson. Far from the outsider she was pilloried as when she set up Flight School last year, she has a healthy vision for how to take space travel, micro sat’s, space burial and the rest of “New Space” and shape it into a growing large industry.

She mentioned on a panel that she would like to see companies sharing their lists of investors. The purpose is to allow those investors to diversify. She is
“talking her own book” here as she has already invested in XCOR, Space Adventures, Zero G Corporation and Space Services, Inc. I hope that her comment that she liked the Rocketplane presentation translates into some money for them too.

Someone knowledgable about the inner workings of the New Space firms (whom I agree with) assures me that it will take a major cultural shift for these firms to share investor lists. But Dyson by telling everyone at Space Access her goal may encourage other investors to advertise their own interest in space investment diversification.

Dyson got into space because of her family. Her father, Freeman Dyson, designed the Orion spacecraft. Her brother is the historian at Blue Origin.

Following her around was a post-modern experience. She had many suiters and always seemed to have three conversations going at once. It took almost as long to talk to her as it did to talk to Glenn Reynolds, Instapundit. To talk to Glenn I had to fly to Atlanta and drive to Knoxville.

Talking to her was also thoroughly post modern. Conversations with Dyson jumped from electricity to food, to luxury goods reporting. She immediately grasped the concept of the Space-Shot.com game noting the single elimination tournament is a “binary tree”. She pressed me about my electricity auction history asking the single most thoughtful question on that topic I have ever been asked, “if you auction the electricity in advance, how do you assure the spot price is the right price?”

Spot prices in New Jersey are determined by a spot market and many of the large customers have to pay the spot price. In those cases, the forward auction merely determines the cost of the capacity. This piece is critical to why New Jersey and Illinois are different from California’s ill-fated experience with CalPX. Dyson got to live through the California electricity crisis. I bid to run the CalPX and lost. I could have averted that crisis.

Hopefully space in ten years will do as well as the Internet is doing now under her thoughtful guidance or electricity under mine.