Space-based economy

Space-based economy is economic activity in outer space, including asteroid mining, space manufacturing, space trade, space burial, space advertising and construction performed in space such as the building of space stations [1].

Space-based industrial efforts are presently in their infancy. Most such concepts would require a considerable long-term human presence in space and relatively low-cost access to space. The majority of proposals would also require technological or engineering developments in areas such as robotics, solar energy, and life support systems.

A major catalyst in the development of a space economy has come from the rise of reusable launch vehicles and spacecraft in 2010s and the 2020s.[2][3]

Some analysts have argued for creating an International Bank, to support deep space exploration.[4][5]

  1. ^ Paravano, Alessandro; Locatelli, Giorgio; Trucco, Paolo (2023-09-01). "What is value in the New Space Economy? The end-users' perspective on satellite data and solutions". Acta Astronautica. 210: 554–563. doi:10.1016/j.actaastro.2023.05.001. ISSN 0094-5765.
  2. ^ Sheetz, Michael (2020-05-13). "NASA estimates having SpaceX and Boeing build spacecraft for astronauts saved $20 billion to $30 billion". CNBC. Retrieved 2024-04-08.
  3. ^ kentnstxl (2024-02-12). "Reducing the Cost of Space Travel with Reusable Launch Vehicles". NSTXL. Retrieved 2024-04-08.
  4. ^ Hegadekatti, Kartik (2017-03-30). "IBSES: International Bank for Space Exploration and Sciences". mpra.ub.uni-muenchen.de. Archived from the original on 2019-01-29. Retrieved 2019-01-29.
  5. ^ Hegadekatti, Kartik (2017). IBSES: International Bank for Space Exploration and Sciences. Social Science Research Network.

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