Economist george borhaus examines impact of immigration on u. S. Economy. Astro physicist, explore questions of the universe. American enterprise institutes reports on the decline in the employment of american men. And National BookAward Winning biographer recalls the life of organized crime boss al capone. That is a a few of programs you see on booktv. For the schedule, to to booktv. Org. 72 hours of nonstop books and authors this veterans day weekend. We kick off the threeday weekend with Julian Guthrie and the look at privatized spaceflight. These lovely director chairs. All right. Welcome, everyone. Welcome to the Space Gallery here at museum of flight. My name is jeff nunn. I amed adjunct curator of space history here at the museum. Doing king sends his regards and regrets. He is unfortunately unavailable to be here tonight as he has taken ill. I would like to begin thanking our special featured speaker, author, Julian Guthrie and dave moore. [applause] and also the team from cspan books will be recording this evenings events and conversation for later viewing. So we have a fabulous evening in store for you tonight as part of the museums orbit around october. It is a series of space focused event throughout the month leading up to the threeday space fest, happening november 3 through the 5th. It features ladies who launch womenled talks and activity as panned nels all about space. For a complete listing of events i encourage you to take a look at the insert in the spacezine you should have received at checkin. All of this programing is part of a broader effort by museum to highlight incredible boom of activity happening in space today which the event tonight help catalyze. Most people know the seattle for airplanes, coffee and software. Were also very much involved in space. From longtime space pioneers like the boeing space center and folks at arrow jet rocketdyne, to recent comers like blue origin and ken washington working on reusable rockets. Planetary resources in red emergency. To folks at bothel who are working on in space manufacturing, the Seattle Space community is growing thriving and diverse and the museum of flight is proud and thrilled to help tell the story. So my distinct pleasure to introduce tonight as featured speaker. Author. Julian guthrie, the author of a new book, how to make a spaceship. The birth of private spaceflight. It tells the story of a cast of characters who dreamed of bringing space to the masses. That cast includes aviators, test pilots, Engineering School dropouts, nasa retirees, billionaires and particularly determined space geek to refused to give up on his outsized dream. Without further adieu, my pleasure to introduce Julian Guthrie. [applause] thank you so much for that great introduction. Were having the best day here. So this book is really interesting on many, many levels. You know, i kind of look at it now, how to make a spaceship, as almost, there is almost a formula for it. There is almost a recipe as i see it. So you start with this space geek. You start with this guy, peter dimandis. He was 8 years old when apollo 11 lands on the moon in 1969. He is wideeyed, transfixed by the magic of nasa, the magic of apollo 11. The first time man sets foot on another see less teal body, along with star trek, apollo what was possible and star trek was what could be possible. He drank all the tank and he believed in all of this and he set out on this great adventure and unbelievable quest to become an astronaut and his original pursuit was to get there through the typical channels, through nasa. He went to mit. He went to harvard. He did all of these things just so he could one day get to space. He gets out of college. He realizes that nasa is winding down the manned Space Programs or he was not that would not be the way he would get there. So what comes in next in this special recipe is a book. He reads a certain book which connects the story to golden age of aviation. He reads the spirit of st. Louis. He has this ahha moment where he is reading it. He had thought Charles Lindbergh flew the transatlantic flight as a stunt. He reads this, he is like, wow, he flew this to win this 25,000dollar prize and you know the orteg prize which really was this great incentive competition in the 1920s. He realizes Charles Lindbergh, so he wins this prize. He is the first man to fly transatlantic flight from new york to paris nonstop and connect those two major cities. And he launches the commercial space industry. What came out of that. Peter is thinking what if i could do the same thing for space . So in, its a great story, in may 1996, he under the arch in st. Louis, some of you may have been there, i have been hearing Great Stories tonight who were actually in the Mojave Desert a decade or so later. In 1996, he is under the arch in st. Louis, this prize, this 10 milliondollars prize for the first team that can build and fly a manned rocket for start of space. He has 20 astronauts. He has head of faa. He has the head of nasa but what he doesnt have 10 million. Just a small detail. So he goes out on this quest. The next part of the recipe is key he needs lipped berg. He needs only socalled flying lindbergh in the family, eric lindbergh. Theyre meeting. Erics story within this story is so profound of a man who lives with this enormous being a lindbergh and grapples how to find his own identity within the legacy. He is reluctant to get involved in the xprize. He ends up being in a way rescued bit xprize and. Really profound story. You have eric lindbergh. Next what do you need in the great recipe . You need a maverick aviation designer. You need this guy named bert ratan. He is working in the Mojave Desert and working a small team. He thinks he can build a spaceship, the worlds first private spaceship. What else do you need . You need this someone really, really disciplined Program Manager. Enter dave moore, who was working for paul allen. So again you need one more thing, you need a benefactor. Enter paul allen, the cofounder of microsoft. So he was not own hely the benefactor, he had this vision that other people couldnt necessarily see at the time. So you have all of these great components. Then what else do you need . These experimental machines . You need really intrepid test pilots. We have mike melvill, brian benny. Test pilots at scale composites. Mike melvill one of the most courageous guys i ever met. He is 63 years old first whiteknuckles the start of space in june of 2004. You have a great cast of characters. A human bravery. Peter is this, is this great conduct tore ho pulls all amazing characters into this. Persevered like few people i have ever heard of in my life. The most tenacious guy. He wins. He didnt have the 10 million. He went out and sought funding. He knocks on door after door after door. He gets told no, over 150 times. You need perseverance. You need to be very creative. Even some of his closest friend were telling him this would never work. You should give it up. It is not going to happen. He was tenacious. Persevered, he held on to his dream. Perseverance, whole tenacity, great innovation. To make all of this happen. And it came together in this really, you know, magical moment. Some of you, i was signing books telling me stories of flying out to see one of these flights in the Mojave Desert where history was made by this small team. You know that small teams can do really, really remarkable things. So all of this comes together for this moment in history. You have the a team of 30 or so people who have built the first private spaceship and replica is right above us. It is really, really. Really, really incredible thing embodies the best of human spirit. The bravery, innovation of tenacity skill of all different levels. Im so happy, so honored i got to tell this story. I get to talk about this story and this amazing story is now a great inspiration im finding and im so thrilled with that that it is, it is being embraced by this next generation. Peter dimandis when we met, he said it was gift of a book, the gift of the spirit of st. Louis that started him on this path. Hopes that how to make a spaceship will inspire the next generation of innovators and of dreamers and of doers and i just want to quickly introduce an amazing, small team of High School Students who are from north Idaho Stem Charter Academy and they, their story is so wonderful and so remarkable, if they could come up here real quickly. So they [applause] theyre from north Idaho Stem Charter Academy, and they are are, guess what . Theyre building a spaceship. Theyre building a research satellite. Guess who their hands on mentor is . None other than bert ratan. Yes, amazing. They have taken huge inspiration from the story, this story, peters story, all of folks here on stage who made this spaceship happen because it wasnt one person who made it happen. It was every person here they played a key role to make this happen. Eric lindbergh, dave moore, obviously peter, paul allen, the test pilots, those who kept it going. Doug king who unfortunately is not here but he rescued the x prize many times. So there were all of these people who managed to keep this dream alive long enough to make it happen. It was a grueling odyssey and they were unrelenting. And now we have these really skilled, talented teenagers who are just going to say a few words. We have eric finman here and jessica and justin. Eric, justin and jessica. They will say a couple of words here. Kind of as this next generation as next generation of innovators and dreamers and forward thinkers. Eric, you want to say a couple words . Thank you. Like peter read, an amazing book, the advice in the book inspired us because we have had bert rattan on the team. Were doing this as teenagers, High School Team in northern idaho. That is like all the odds against you. [laughter]. Were launching a satellite that is the, time capsule, modern day 20th century golden capsule, a on the voyager mission. Were launching it on 40th anniversary on the voyager mission. Updated time capsule. Were so fortunate to have bert and julian and amazing people help us out and give us advice. It is absolutely amazing. Jeff has something to say too. So it only takes. It takes one person, one book, one opportunity to ignite passion for space that students may not know that they have that they have. A year ago if you told me i would be launching a satellite i would have is laughed for you. That opened up my eyes on opportunities i have, and i could send somebody to mars or be the person sent to mars if i wanted to. As finance lead for project da vinci it is my honor to be here with people like julian and peter and mentors like bert. Were building a satellite for all. That means everybody can use it. We want to bring the passion for space back to the nation. So, thank you for writing your book. It was an inspiration i think for everybody who is our age or older or anybody who has ever heard of the x prize or the spaceshipone. Thank you. [applause] that is so wonderful to see the next generation inspired. Want to recognize one individual before we start our panel discussion. I want to recognize a gentleman, his name is Arthur Davenport and he was the designer, he is a guest, he was designer of the backpacks for apollo 11 and mr. Davenport is right back here. [applause] so maybe we can all get some stories from him later on. But i would imagine those are amazing tales. So i think next were going to have alan boyle up and were going to have a great panel discussion. And i think peter has to leave a little bit early but well try and also get your questions in. So it is just a great honor to be here. Thank you. [applause] thank you, julian and thanks to the museum. Im not going to take much time. Im the aerospace and science editor for geek wire, a local test site. My name is alan boyle. I had the privilege of meeting peter back in 1998 when he was trying to raise all that money and came to cover the x prize ever since then. And the x Prize Program has been continuing even after the 10 million ansari x prize was awarded. So peter is the founder and executive chairman of the X Prize Foundation and has many, many programs devoted to promoting technological innovation in the works and so looked up xprize. Org for more details on that. I want to refresh your memory about our other panelist Julian Guthrie you know by now. Eric lindbergh, adventter you are, artist, grandson of Charles Lindbergh, on board of trustees for the X Prize Foundation and helped out the x prize immensely while they were trying to put all this together for the ansari x prize. Dave moore was paul allens project manager for the spaceshipone project. One other thing i warranted to do, to catch you uptodate. Spaceshipone was followed by spaceship ii. Developed by virgin galactic, backed by british billionaire Richard Branson. They had a fatal accident couple years ago. They recovered from the accident. They have second spaceship ii they have begun to test flight. Blue origin, jeff bezos venture, launch ad reusable rocket for fifth time, amazing, amazing feat. That was couple weeks ago. We have some people from blue origin here. And another Company Called orbit tall atk Just Launched be commercial cargo ship to the International Space station couple of hours ago and it could be argued that none of this might have happened if it werent for the spark that was lit by Peter Diamandis, and other people what he called the commercial spaceflight revolution. Since peters time is limited i will ask him to share one of your favorite stories. I have a couple of questions i wanted to ask you. Then i know you have to get going pretty soon. Did you say 100 of my favorite stories . [laughter]. Honestly not really possible to choose one story and, from my standpoint i would love to get into the q a. Im not sure how late i apologize my team had us starting at 5 30, not 6 30. I have two hours but im on a flight at 8 15. God oh mighty. Given doug is not here let me embarass him appropriately. So you can all give him hell next time shows up. So doug king, when i met him was, had just finished the Challenger Center and he just accepted a job at st. Louis science museum. I had him i used to hold a salon in my home in my living room every month where i would bring together amazing people in the space business. We talk about what is. I came up with the idea of the x prize because i was absolutely sure incentivizing 10 Million Dollar challenge would work. I would sure i would launch in l. A. Or florida or same way lindbergh got his money. Doug is over for the salon and were talking and he goes, you know, you should go to st. Louis again. I go, st. Louis . Yeah, this whole legacy. So he convinced me to come there. And we actual got . Got this going very much thanks to him. The long story how this prize got funded, and julian who has done an amazing book, so proud of the work that you have done. Eric was on my board at the time. We could, when i announced this prize under the arch in st. Louis for 10 million i was absolutely postively sure it would be easily fundable. Who would not want to pay 10 million after someone pulled off the flight. It was nobrainer. I pitched billionaire, ceo, youre crazy, it cant be done, someone will die, no, no, no. And we ended up actually, as julian tells in the book, funding this thing through a holeinone insurance policy. And the holeinone insurance policy was this crazy idea that you pay a, at that time was a 3 million premium in order to get the money, to get someone to bet against you. We paid 3 million if someone won 10 million end of 2004, the Insurance Company would pay the money. If no one won, they keep our 3 million bucks and competition was over. The problem was, even after we negotiated this prize, this thing for 3 million, we didnt have 3 million. There would be 50,000dollar fridays i will negotiate with them. I will pay you 50,000 a month for a year, give me enough time to raise the rest of the money. And so we would have these 50,000, the first 50,000 payment i made myself. That is maximum i could possibly afford. The next one, i went, in fact eric and i have a lot of our Board Members at the xprize are people who reached into the pocket and paid that 50,000 friday. One period were short a chunk of change and i go to doug and it is like, doug, this thing is over unless you get the museum to pitch in, like a quarter of a Million Dollars. So we have the chairman of museum of flight here. I want you imagine doug coming in you have to say yes, you have to say yes. And he did. He got the st. Louis Science Center pitch in one of the final major payments before we had the ansari family. For that reason you see on the side of the spaceship along with mars and 7 up and ansari family, the st. Louis Science Center as one of the benefactors. He saved my smooch a multitude of times so. With that, maybe, yeah, great. [applause] that will do. That will do. Sure, why doesnt we have a couple of questions . I had one that ive got to ask is, it has been 12 years since the spaceshipone flights and we were talking about tourists would go into space an commercial spaceliners and did you think it would be 12 years and we would still be waiting . Oh god, if you give me 100 to one odds i would never bet on 12 years. Here is the fact. We live on a planet where a gravity of 9. 82 meters per second squared that is just, just low enough to get off of the planet. Its hard. The laws of physics make it hard. The rocket equation make it extraordinarily difficult. The beautiful thing i know without any question in my heart and my soul this next decade is the decade for the kids or those yo