For every dollar spent on space, the knowledge ore brings back as much as $8. And that’s not counting the 65,000 jobs created by the space program.Read More
To regain our competitive leadership, we need to build our economy on something new, using a quality and degree of expertise no other nation has obtained. What could that new economic engine be? And are we capable of creating it?
We have a brilliant precedent: the flying machine.Read More
Private investors are beginning to inch into the market created by government investment of our tax dollars. Will this new industry succeed? There will be failures, just as there was during NACA’s long, patient investment in aeronautics. But there will be brilliant successes as well—provided NASA’s most active constituencies start working together to change the narrative.Read More
Someday, perhaps 30 years from now, companies will be grabbing asteroids and exploiting them for mineral extraction. Asteroids contain the same valuable minerals, from gold to platinum, from cobalt to indium, that space showered upon Earth billions of years ago. One sizeable asteroid can hold $20 trillion worth of minerals. On a smaller, more practical scale, Peter Diamandis estimates that a single 100-foot asteroid can contain as much as $50 billion of platinum.Read More
Pharmaceutical corporations already occupy a sizeable payload portion of satellites in space. And not just for exploration of space and Earth. The absence of gravity causes crystals to grow unusually large and with almost perfect form, without touching the walls of their containers.Read More
It really wasn’t that long ago when the two greatest superpowers were vying to put satellites into space. Now, 50 nations have their own satellites in low Earth orbit. If you’re a Thailand, say, you can call Space Systems/Loral, a Canadian-owned company based in Palo Alto, California, and tell them you want to put a satellite into geostationary orbit for television broadcasting or military communications. You can have the thing in orbit 25,000 miles above Earth within two years.Read More
Sir Richard Branson's Virgin Galactic has already signed up 700 tourists like Lady Gaga and Leo DiCaprio at a mere quarter-million apiece. Still a little steep for you? Don't worry. The competition is growing.Read More