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Due to the massive purchases of securities in the last 15 years central banks incur substantial losses likely to persist for several years. On the other hand, the banking sector gains large profits from interest payments on their excess reserves holdings. Central banks and fiscal authorities must now bear the flip side consequences of their bond purchase programs. Populist demands to limit bank profits by drastically increasing minimum reserve ratios in the Eurosystem are creating new severe problems. Instead, a consistent and faster
normalisation of central bank balance sheets would be desirable. Central banks should also no longer be central players in government bond markets to restore the lost boundaries between fiscal and monetary policy.
The current trend in development of low-cost satellites is based on small dimensions combined with advanced electronics. Traditionally, radiation-sensitive electronics on satellites are protected by tungsten or lead foils, which are high-density materials and contribute significantly to the overall mass of the satellite. Here, we design and investigate temperature-gradient-resistant lightweight silane-based composites containing micro- or nano-particles of W or WO3, taking inspiration from similar approaches in the medical field. While the polymeric matrix provides flexibility under thermal gradients (such as those occurring in satellites during their orbits) and low density, the particles enable shielding from soft X-rays and other radiation. For reference, thin tungsten films were deposited by magnetron sputtering. The properties of the two kinds of coatings were compared and the X-ray protective properties were investigated using both a custom-designed measurement setup and conventional X-ray absorption. The best performing radiation-protective coatings will be launched in a payload experiment on the INFANTE satellite.
This cover image outlines the fabrication method of a polymer planar Bragg grating electrified via femtosecond laser reductive sintering of CuO nanoparticles (see article number 2002203 by Stefan Kefer and co-workers). Based on this sophisticated methodology, bulk cyclic olefin copolymer substrates can be equipped with integrated photonic structures comprising a waveguide as well as a Bragg grating. Its reflective characteristics can be efficiently tuned by means of the subsequently generated Cu conducting path, whereas the applied femtosecond laser process enables an almost limitless degree of freedom towards conducting path geometries.
Poster
Since 2015, the Astronomical Institute of the Slovak Academy of Sciences (AI SAS) is operating a modern EU-funded reflecting telescope with a 130 cm primary mirror, located in the Skalnaté Pleso Observatory in the Tatra Mountains at an altitude of 1783 m. In 2018, the funding agency BAYHOST granted the proposed project SLOBATCO to Aschaffenburg University of Applied Sciences. The cooperation project pursues the development of astronomical NIR filters, which are designed for the atmospheric transmission windows in the infrared spectral range. In order to avoid a complex cryogenic filter wheel for the NIR CCD camera operated at low temperatures, the observations should be realized through a segmented filter using precise shifts of the image field. The bi-national cooperation project and the specification of the infrared filter combination are presented in this poster contribution.
Within the project SLOBATCO the question did arise, to what extend observatories have to rely on adequate
power quality, e.g. the perfect sinusoidal shape of supply voltage and current, in order to ensure safe
operation and accurate measurement results. International power quality standards are put in perspective
with requirement specifications. Telescope operators indicate partial or total loss of function of measurement instruments. Measurements
conducted during SLOBATCO project substantiate the need for power quality measurement campaigns.
Low density overcoatings (mainly based on materials containing Carbon) onto usual hi Z materials (like Ir, Au or Pt) have been proposed more than 10 years ago for enhancing the X-ray reflectivity at low energy (between 0.5 and 4 keV) in X-ray astronomical optics. The hack is to use the total reflection from the low density material (which do not suffer much the photoelectric absorption) at low energy, while the photons at high energy are reflected by the high density material. Now for several future projects like e.g. ATHENA and eXTP it is foreseen the use of low density overcoatings that will importantly increase the effective area at low energy. In this poster we will discuss about the use of materials different from the ones considered so far, in particular based on a thin layer of Chromium followed by another layer of a Carbon-like material, and of novel approaches for their application.