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How America can get a fraction of a billion dollars



NASA has announced this week that it will return to the moon and eventually head to Mars with the help of business partners for the first time, adding to the level of excitement about exploration of the universe and its potential socioeconomic benefits.

Some analysts believe that the space economy could worth $ 1 trillion in a few decades – and America will occupy a significant part of it.

Analysts Morgan Stanley, quoting investors earlier this week, estimate that the spatial economy will be worth more than a billion dollars by 2040 and could cost as much as $ 1.7 trillion if everything goes as planned.

Much of the benefits will come from satellite broadband services, of which California Space Space has already begun work. In February 2018, the company that ran the company Elon Musk received approval from the Federal Communications Commission (FCC) to build a satellite broadband network, providing a fast network at all corners of the country. On November 15, the company was granted approval to make its network even bigger by getting OK to launch more than 7,500 satellites to deliver the Internet to orbit Low Earth, at the top of the 4,000 satellites already approved, Fox 47 said.

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"Imagine the innovation that came from the Internet we failed to model in the 1990s," the analysts wrote in their note, warning that if the broadband approach is less emphasized, spatial economics could be worth less than $ 1 trillion.

Analysts mentioned several areas where the spatial economy could see booms: consumer services (including TV, radio and broadband connections), satellite services, ground equipment, consumer navigation, consumer and networking equipment, satellite production and launch, and what it calls "no satellite industry".

In May, SpaceX successfully launched the first Bangladesh satellite in the orbit, which will allow Internet access across the country.

While the $ 1 trillion dollar opening of the eye, nothing can be said about the potential of the mining asteroid, which some analysts might have worth over trillion dollars. In 2017, one analyst Goldman Sachs theorized that an asteroid could have as much as $ 50 billion in platinum, as well as water and other precious resources.

Metals of water and platinum groups abounding with asteroids are very devastated from a technological and economic standpoint, "wrote Poponak as an investor." According to a Reuters interview for planetary resources for 2012, an asteroid sized football field could contain $ 25 billion worth of platinum worth $ 50 billion, "he added.

NASA has been talking for years, going in 2013, to plan for asteroid mines.

Socio-economic benefits

Announcing nine companies – including Lockheed Martin and New Jersey-based Orbit Beyond – to help NASA's astronauts on the Moon and beyond, NASA administrator Jim Bridenstine stressed that it would not be like past initiatives that had previously failed.

Bridenstine has said NASA is "spreading risk" and "lowering costs with more commercial partners". "This will no longer be Lucy and football," Bridenstine said. "We are not going to go to the moon and do not go to the moon. We have more partners than ever before and their level of excitement is higher than ever."

NASA's administrator compared it with the capital of venture capital – "we shoot the bullet on the target," he said, adding that the space agency had a certain risk but a higher reward for its commercial partners. "We want middle-class landers, we want great class landers and we want human-class landers. We also want to get there fast."

In addition, Bridenstine, also a former congressman from Oklahoma, said NASA conducted scientific experiments on the surface of the moon, taking into account the scientific community. "We believe there is a great amazing science we can do on the surface of the moon," said Bridenstine during the presentation.

Thomas Zurbuchen, senior administrator of NASA's Mission Science Administration, said there are water on the moon, and emerging science trials will help humankind to learn how to use these resources for further science.

Trump Management has set the Moonlight Mission a key element of NASA's 2019 budget. President Trump wants the American astronauts to return to the Moon as the basis for future missions in Mars.

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2018 is a monumental year for exploration of the universe, as it involved a great big spaceX launch of the Falcon Heavy rocket and NASA's return to Mars earlier this week with Mars InSight Lander.

Other events include the September announcement that SpaceX will fly Japanese billionaire Yusaka Maezawa around the moon in 2023, becoming the first private passenger on Starship aircraft (formerly known as Big Falcon Rocket), as well as commissioning the Trump Administration to establish space force as the sixth military branch.

Initially, this idea confused many on both sides of the passage, but recently received support from some lamps, such as Neil deGrasse Tyson and the aforementioned Musk.

In August, Vice President Pence discovered that Trump Administration wants to create "Space Force" by 2020.

Follow Chris Ciaccia on Twitter @Chris_Ciaccia


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