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Space-based Economy
Space-based economy is economic activity in outer space, including asteroid mining, space manufacturing, space trade, construction performed in space such as the building of space stations, space burial, and space advertising. 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. Some analysts have argued for creating an International Bank, to support deep space exploration. See also * NewSpace * Space colonization Space colonization (also called space settlement or extraterrestrial colonization) is the use of outer space or celestial bodies other than Earth for permanent habitation or as extraterrestrial territory. The inhabitation and territori ... References {{space-s ...
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Outer Space
Outer space, commonly shortened to space, is the expanse that exists beyond Earth and its atmosphere and between celestial bodies. Outer space is not completely empty—it is a near-perfect vacuum containing a low density of particles, predominantly a plasma of hydrogen and helium, as well as electromagnetic radiation, magnetic fields, neutrinos, dust, and cosmic rays. The baseline temperature of outer space, as set by the background radiation from the Big Bang, is . The plasma between galaxies is thought to account for about half of the baryonic (ordinary) matter in the universe, having a number density of less than one hydrogen atom per cubic metre and a kinetic temperature of millions of kelvins. Local concentrations of matter have condensed into stars and galaxies. Studies indicate that 90% of the mass in most galaxies is in an unknown form, called dark matter, which interacts with other matter through gravitational but not electromagnetic forces. Observa ...
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Asteroid Mining
Asteroid mining is the hypothetical exploitation of materials from asteroids and other minor planets, including near-Earth objects. Notable asteroid mining challenges include the high cost of spaceflight, unreliable identification of asteroids which are suitable for mining, and the challenges of extracting usable material in a space environment. Asteroid sample return research missions (see completed missions ''Hayabusa'' and ''Hayabusa2'' and in-progress ''OSIRIS-REx'') illustrate the challenges of collecting ore from space using current technology. As of 2021, less than 1 gram of asteroid material has been successfully returned to Earth from space. In progress missions promise to increase this amount to approximately 60 grams (two ounces). Asteroid research missions are complex endeavors and return a tiny amount of material (less than 1 milligram ''Hayabusa'', 100 milligrams ''Hayabusa2'', 60 grams planned ''OSIRIS-REx'') relative to the size and expense of these projects ($3 ...
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Space Manufacturing
Space manufacturing is the production of tangible goods beyond Earth. Since most production capabilities are limited to low Earth orbit, the term in-orbit manufacturing is also frequently used. There are several rationales supporting in-space manufacturing: * The space environment, in particular the effects of microgravity and vacuum, enable the research of and production of goods that could otherwise not be manufactured on Earth. * The extraction and processing of raw materials from other astronomical bodies, also called In-Situ Resource Utilisation (ISRU) could enable more sustainable space exploration missions at reduced cost compared to launching all required resources from Earth. * Raw materials could be transported to low Earth orbit where they could be processed into goods that are shipped to Earth. By replacing terrestrial production on Earth, this seeks to preserve the Earth. * Raw materials of very high value, for example gold, silver, or platinum, could be transpor ...
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Space Trade
Space trade is interplanetary or interstellar trade. Plans and ideas on how trade functions have been published by Futurists and pundits since the 1960s, though science fiction writers have been envisioning such trade for several more decades. Reality Though the existence of interstellar trade is unknown, there are several theories developed by well known economists such as Paul Krugman on how trade calculations and interest rates would have to be adjusted in such a circumstance. At very high velocities, for example a space station traveling at significant speeds relative to the speed of light, there will be time dilation. In 2004 Espen Gaarder Haug published a technical research article in '' Wilmott Magazine'' on how interest rates and securities calculations had to be adjusted for very high velocities to avoid arbitrage. He published similar theories on what he called "SpaceTime Finance" in a book published in 2007 titled ''Derivatives Models on Models''. Paul Krugman, winner ...
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Space Station
A space station is a spacecraft capable of supporting a human crew in orbit for an extended period of time, and is therefore a type of space habitat. It lacks major propulsion or landing systems. An orbital station or an orbital space station is an artificial satellite (i.e. a type of orbital spaceflight). Stations must have docking ports to allow other spacecraft to dock to transfer crew and supplies. The purpose of maintaining an orbital outpost varies depending on the program. Space stations have most often been launched for scientific purposes, but military launches have also occurred. Space stations have harboured so far the only long-duration direct human presence in space. After the first station Salyut 1 (1971) and its tragic Soyuz 11 crew, space stations have been operated consecutively since Skylab (1973), having allowed a progression of long-duration direct human presence in space. Stations have been occupied by consecutive crews since 1987 with the Salyut succes ...
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Space Burial
Space burial is the launching of human remains into space. Missions may go into orbit around the Earth or to extraterrestrial bodies such as the Moon, or farther into space. Remains are sealed until the spacecraft burns up upon re-entry into the Earth's atmosphere or they reach their extraterrestrial destinations. Suborbital flights briefly transport them into space then return to Earth where they can be recovered. Small samples of remains are usually launched to minimize the cost of launching mass into space, thereby making such services more affordable. History and typology The concept of launching human remains into space using conventional rockets was proposed by the science fiction author Neil R. Jones in the novella "The Jameson Satellite", which was published in the pulp magazine ''Amazing Stories'' in 1931. It was later proposed as a commercial service in the 1965 movie, "The Loved One", and by Richard DeGroot in a '' Seattle Times'' newspaper article on April 3, 1977 ...
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Space Advertising
Space advertising is an advertising in outer space. There have been several proposals to advertise in space, including the launch of billboards that would be visible from Earth. Space advertising may be either obtrusive or non-obtrusive. Obtrusive space advertising is the term used for ads in space that can be recognized (e.g., skywriting) by people without supporting devices such as telescopes or binoculars. Non-obtrusive space advertising is the opposite. Logos on space suits, satellites, and rockets are examples of non-obtrusive space advertising. Advertising in space can cause space debris, as well as obscuring the view of space as seen from the ground. This form of advertising is regulated by international and national legislation. As technology improves, further regulations will be required to address and encompass new forms of space advertising. While space advertising is limited by both contemporary regulation and technological capability, in popular culture, space adv ...
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Robotics
Robotics is an interdisciplinary branch of computer science and engineering. Robotics involves design, construction, operation, and use of robots. The goal of robotics is to design machines that can help and assist humans. Robotics integrates fields of mechanical engineering, electrical engineering, information engineering, mechatronics, electronics, bioengineering, computer engineering, control engineering, software engineering, mathematics, etc. Robotics develops machines that can substitute for humans and replicate human actions. Robots can be used in many situations for many purposes, but today many are used in dangerous environments (including inspection of radioactive materials, bomb detection and deactivation), manufacturing processes, or where humans cannot survive (e.g. in space, underwater, in high heat, and clean up and containment of hazardous materials and radiation). Robots can take any form, but some are made to resemble humans in appearance. This is claim ...
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Solar Energy
Solar energy is radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture. It is an essential source of renewable energy, and its technologies are broadly characterized as either passive solar or active solar depending on how they capture and distribute solar energy or convert it into solar power. Active solar techniques include the use of photovoltaic systems, concentrated solar power, and solar water heating to harness the energy. Passive solar techniques include orienting a building to the Sun, selecting materials with favorable thermal mass or light-dispersing properties, and designing spaces that naturally circulate air. The large magnitude of solar energy available makes it a highly appealing source of electricity. In 2020 solar energy has been the cheapest source of Electricity. In Saudi Arabia a power purchase agre ...
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Life Support System
A life-support system is the combination of equipment that allows survival in an environment or situation that would not support that life in its absence. It is generally applied to systems supporting human life in situations where the outside environment is hostile, such as outer space or underwater, or medical situations where the health of the person is compromised to the extent that the risk of death would be high without the function of the equipment. In human spaceflight, a life-support system is a group of devices that allow a human being to survive in outer space. US government space agency NASA, and private spaceflight companies use the term environmental control and life-support system or the acronym ECLSS when describing these systems. The life-support system may supply air, water and food. It must also maintain the correct body temperature, an acceptable pressure on the body and deal with the body's waste products. Shielding against harmful external influences su ...
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NewSpace
Private spaceflight is spaceflight or the development of spaceflight technology that is conducted and paid for by an entity other than a government agency. In the early decades of the Space Age, the government space agencies of the Soviet Union and United States pioneered space technology in collaboration with affiliated design bureaus in the USSR and private companies in the US, entirely funding both the development of new spaceflight technologies and the operational costs of spaceflight. The European Space Agency was formed in 1975, largely following the same model of space technology development. However, Arianespace became the world's first commercial launch service provider in the early 1980s. Later on, large defense contractors began to develop and operate space launch systems, derived from government rockets. Private spaceflight in Earth orbit includes communications satellites, satellite television, satellite radio, astronaut transport and sub-orbital and orbital ...
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Space Colonization
Space colonization (also called space settlement or extraterrestrial colonization) is the use of outer space or celestial bodies other than Earth for permanent habitation or as extraterrestrial territory. The inhabitation and territorial use of extraterrestrial space has been proposed to be realized by for example building space settlements or extraterrestrial mining enterprises. To date, no permanent space settlement other than temporary space habitats have been set up, nor any extraterrestrial territory or land has been legally claimed. Making territorial claims in space is prohibited by international space law, defining space as a common heritage. International space law has had the goal to prevent colonial claims and militarization of space, advocating the installation of international regimes to regulate access to and sharing of space, particularly for specific locations such as the limited space of geostationary orbit or the Moon. Many arguments both for a ...
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