Report: Moon Missions: The Way Ahead (NIAS 2023)
This document provides a review of moon missions from an Indian perspective.
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What Does the Phrase “Commercialization of Space” Mean?
The phrase “commercialization of space” refers to the involvement of private enterprises in the development, launch, and exploitation of space-related technologies and services. Traditionally, space exploration and activities were primarily the domain of government agencies such as NASA in the United States, Roscosmos in Russia, and the European Space Agency in Europe. These organizations undertook missions that were funded by taxpayer money and were generally focused on scientific research, national security, and technological innovation. However, the landscape has changed significantly in recent years with the entry of private companies into the sector.
Read More What Does the Phrase “Commercialization of Space” Mean?What is the OECD and its Relevance to the Space Economy?
The Organisation for Economic Co-operation and Development (OECD) is an international organization that was established on December 14, 1960. Its headquarters is located in Paris, France. The organization serves as a forum for governments from around the world to collaborate on key global issues, including economic policy, social welfare, education, trade, and environmental sustainability. Initially founded by 18 European countries, the United States, and Canada, the OECD has since expanded to include 38 member countries from diverse regions including North America, Europe, and the Asia-Pacific.
Read More What is the OECD and its Relevance to the Space Economy?Report: Socio-Economic Elements of European Human Space Transportation (PWC 2022)
The document titled “Socio-Economic Elements of European Human Space Transportation,” is a final report released to the public in December 2022. The report discusses the potential socio-economic benefits of developing a European human space transportation (HST) system, assuming it would become operational between 2028 and 2040. The study covers market perspectives, socio-economic impact assessment, and conclusions and key highlights.
Read More Report: Socio-Economic Elements of European Human Space Transportation (PWC 2022)What Does the Phrase “Building the Space Economy” Mean?
The phrase “building the space economy” refers to the structured development and expansion of economic activities that are directly or indirectly related to outer space. This encompasses a wide range of activities, including but not limited to space exploration, satellite services, space tourism, asteroid mining, and manufacturing in space. The objective is to create a sustainable, revenue-generating ecosystem that can contribute to job creation, technological advancement, and economic growth on a broader scale.
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