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19 November 2024 | Story Pat Lamusse | Photo Supplied
Space and satellites 2024
During the visit to the Naval Hill Planetarium, were from the left, Dr Mart-Mari Duvenhage and Prof Matie Hoffman from the UFS Department of Physics, Consul General Stephanie Bunce and Vanessa Toscano from the US Consulate, and Dinah Mangope from the Department of Physics.

A delegation from the United States (US) Consulate General in Johannesburg, including Consul General Stephanie Bunce and Public Affairs Officer, Vanessa Toscano, visited the Bloemfontein Campus of the University of the Free State (UFS). Consul General Bunce met with the acting Vice-Chancellor and Principal of the UFS, Prof Anthea Rhoda, and the Dean of the Faculty of Natural and Agricultural Sciences, Prof Paul Oberholster. The US delegation also visited the Naval Hill Planetarium.

The UFS recently received a grant from the US Embassy to fund a project to promote science education by highlighting the role of satellites in our lives. Colleagues from the Department of Physics had the opportunity to demonstrate first-hand how the planetarium technology will be used to implement the project, which poses the question – what if something happens in space that interferes with the thousands of satellites we use for communication, weather prediction, navigation, banking … surveillance?

Thanks to this grant, the UFS will explore these questions and contribute to space situational awareness (SSA) and space domain awareness (SDA). SSA involves knowledge about the orbits of spacecraft and space debris. SDA refers to the knowledge and understanding of all activities occurring within the space domain.

There are currently at least 10 000 active satellites in Earth orbit, most of which are in low Earth orbit (LEO). However, in addition to satellites, there are well over 45 000 objects larger than 10 cm in orbit, including more than 35 000 pieces of space debris, such as dead satellites, rocket bodies, and pieces from breakups and collisions. Since 1991, there have been at least six unintentional collisions between active satellites and space debris.

Space turned out to be not as big as once thought, especially not in low Earth orbit (LEO – altitude less than 2 000 km). To make things worse, there are plans to launch up to 100 000 new satellites into LEO over the next decade.

Prof Matie Hoffman from the UFS Department of Physics notes, “We live in an era when the space economy is growing fast and the number of objects in Earth orbit, including satellites and space debris, is increasing rapidly. This poses risks to operational satellites. Recent publicity around Elon Musk’s Starlink satellites has generated additional interest around this topic. It is important to raise awareness of the challenges, which will allow scientists to mitigate them.”

The project will involve expertise in optical satellite observations from the University of Michigan through Prof Patrick Seitzer, international patron of the Friends of Boyden Observatory, and the American Museum of Natural History (AMNH). The grant will fund planetarium upgrades that will enable education on space and satellites, as well as optical satellite observations from Boyden Observatory. Beneficiaries will include learners, higher education institutions (both locally and in the US), and the public. South African project partners will be the South African National Space Agency (SANSA), the Future African Space Explorers’ STEM Academy (FASESA), and satellite-related companies in South Africa.

The Boyden Observatory is ideally situated to provide valuable optical satellite observations in an area of the sky that is not accessible from existing satellite observing facilities, especially for objects in LEO. In fact, the first observation of space debris in geosynchronous orbit was from Boyden Observatory in 1967.

The project will be rolled out from the end of 2024, harnessing facilities at both Boyden Observatory and the Naval Hill Planetarium.

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher
2014-09-01

 

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail


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