Space Economy
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One is the consumer demand for space flight which could be served by companies like virgin.
Space economy. The space economy will require a self sufficient ecosystem that includes capital strategic partnerships and evolving business models. The future of our economy depends on the vigorous pursuit of space exploration. Here s how it may develop in the coming years.
Our industry has experienced some of a downturn but i. They are about turning ice hidden in craters on the moon into oxygen for people to breathe and fuel to climb back into orbit. The oecd space forum provides a definition of global space economy that comprises the space industry s core activities in space manufacturing and in satellite operations and other consumer activities that have been derived over the years from governmental r d.
Space economy is the full range of activities and the use of resources that create value and benefits to human beings in the course of exploring researching understanding managing and utilizing space. The global space economy continued to grow last year and reached 423 8 billion according to a report by the space foundation on thursday. As wesh 2 s paul rivera reports the company continuing its mission should serve as not only an economic boost but also a backup plan for rocket launches on the space coast.
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