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A Synergy of Public and Private in Space Exploration
The first phase in the history of human exploration of space, in the 1950s and ’60s, saw a pre-eminent role of government: public investment in the military field and the missions to the moon set off processes of technological innovation with very positive spinoffs for the economies as a whole, as in the case of the development of satellite technologies,#Since the 1970s, more and more private corporations ...
All the Value of the Space Economy
The space economy is expanding enormously, with the participation of a growing number of actors, and a current value of about 400 billion dollars. It is destined to become a “trillion dollar economy” within a few years.
Why and how to reduce the large amount of space debris
The increase of the number of space objects in low Earth orbit represents a threat for the long-term sustainability of the space environment, increasing the risk of collision between active satellites and space debris. The lack of a binding regulatory framework allows satellite operators not to take responsibility for maintaining the orbit, thus pursuing interests linked to their business. The model ...
To the Moon for Interplanetary Exploration?
The creation of a permanent outpost on the Moon will require the construction of infrastructure, both in orbit and on the surface, aimed at supporting the human presence on the Moon. The use of local resources will constitute the fundamental factor for the emergence of a commercial Moon market starting from the extraction and refinement of ice for the production of propellant. The activities of exploration ...
The importance of the public-private relationship
The concept of space economy indicates all of the activities that imply the commercial use of space technologies, whether they are inside or outside of Earth’s orbit. The space sector, which has long been dominated by the presence of public institutions, is now increasingly affected by private initiatives and has seen a doubling of turnover in the last fifteen years. The prospects for additional ...