Space-based economy: Difference between revisions
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{{Short description|Economic activity in space}} |
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{{Distinguish| |
{{Distinguish|Space industry|Commercial use of space}} |
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'''Space-based economy''' is economic activity in [[outer space]], including [[asteroid mining]], [[space manufacturing]], [[space trade]], [[space burial]], [[space advertising]] and construction performed in space such as the building of [[space station]]s <ref>{{Cite journal |last=Paravano |first=Alessandro |last2=Locatelli |first2=Giorgio |last3=Trucco |first3=Paolo |date=2023-09-01 |title=What is value in the New Space Economy? The end-users’ perspective on satellite data and solutions |url=https://linkinghub.elsevier.com/retrieve/pii/S0094576523002242 |journal=Acta Astronautica |volume=210 |pages=554–563 |doi=10.1016/j.actaastro.2023.05.001 |issn=0094-5765|hdl=11311/1249723 |hdl-access=free }}</ref>. |
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{{multiple issues| |
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{{Unreferenced|date=May 2010}} |
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{{Original research|date=May 2010}} |
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}} |
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| ⚫ | 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 system]]s. |
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'''Space-based economy''' is industrial activity in [[outer space]], including [[asteroid mining]], [[space manufacturing]], [[space trade]], construction performed in space such as the building of [[space station]]s, [[space burial]], and [[space advertising]]. |
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A major catalyst in the development of a space economy has come from the rise of [[Reusable launch vehicle|reusable launch vehicles]] and [[Reusable spacecraft|spacecraft]] in 2010s and the 2020s.<ref>{{Cite web |last=Sheetz |first=Michael |date=2020-05-13 |title=NASA estimates having SpaceX and Boeing build spacecraft for astronauts saved $20 billion to $30 billion |url=https://www.cnbc.com/2020/05/13/nasa-estimates-having-spacex-and-boeing-build-spacecraft-for-astronauts-saved-up-to-30-billion.html |access-date=2024-04-08 |website=CNBC |language=en}}</ref><ref>{{Cite web |last=kentnstxl |date=2024-02-12 |title=Reducing the Cost of Space Travel with Reusable Launch Vehicles |url=https://nstxl.org/reducing-the-cost-of-space-travel-with-reusable-launch-vehicles/ |access-date=2024-04-08 |website=NSTXL |language=en-US}}</ref> |
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| ⚫ | Space-based industrial efforts are presently in their infancy. Most such concepts would require a considerable long-term human presence in space |
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Some analysts have argued for creating an International Bank, to support deep space exploration.<ref>{{Cite web|url=https://mpra.ub.uni-muenchen.de/82860/|title=IBSES: International Bank for Space Exploration and Sciences|last=Hegadekatti|first=Kartik|date=2017-03-30|website=mpra.ub.uni-muenchen.de|language=en|access-date=2019-01-29|archive-date=2019-01-29|archive-url=https://web.archive.org/web/20190129122755/https://mpra.ub.uni-muenchen.de/82860/|url-status=live}}</ref><ref>{{Cite book|url=https://books.google.com/books?id=jRGYtAEACAAJ|title=IBSES: International Bank for Space Exploration and Sciences|last=Hegadekatti|first=Kartik|date=2017|publisher=Social Science Research Network|language=en}}</ref> |
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==Law== |
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The [[Outer Space Treaty|1967 Outer Space Treaty]] establishes that space, as the "province of all mankind," shall be freely explored and used by all nations, and that the use of the [[moon]] and all other [[Astronomical object|celestial bodies]] shall be for peaceful purposes.<ref>{{Cite web |date=19 December 1966 |title=Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, including the Moon and Other Celestial Bodies |url=https://legal.un.org/avl/ha/tos/tos.html |access-date=March 6, 2024 |website=United Nations Office of Legal Affairs}}</ref> |
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In 2015, the U.S. Congress passed a law explicitly allowing American companies to use resources from the moon and asteroids, the [[Commercial Space Launch Competitiveness Act of 2015]]. |
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In April 2020, the [[Executive order|U.S. Executive Order]] 13914 clarified the position of the U.S. government on the use of space resources and how the United States will foster the commercial development of space resources.<ref>{{Cite web |title=The Space Review: Putting the White House executive order on space resources in an international context |url=https://www.thespacereview.com/article/3932/1 |access-date=2024-03-07 |website=www.thespacereview.com}}</ref><ref>{{Cite web |last=Wall |first=Mike |date=April 7, 2020 |title=Trump signs executive order to support moon mining, tap asteroid resources |url=https://www.space.com/trump-moon-mining-space-resources-executive-order.html |access-date=March 6, 2024 |website=space.com}}</ref> “Americans should have the right to engage in commercial exploration, recovery, and use of resources in outer space,” the order states.<ref>{{Cite web |title=Executive Order on Encouraging International Support for the Recovery and Use of Space Resources – The White House |url=https://trumpwhitehouse.archives.gov/presidential-actions/executive-order-encouraging-international-support-recovery-use-space-resources/ |access-date=2024-03-07 |website=trumpwhitehouse.archives.gov}}</ref> |
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==See also== |
==See also== |
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* [[NewSpace]] |
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{{Inspace}} |
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* [[Space colonization]] |
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{{Technology}} |
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* [[Chinese economic reform]] |
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* [[Colonization of the Moon]] |
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* [[Colonization of Mars]] |
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* [[Planetary habitability]] |
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* [[NASA lunar outpost concepts]] |
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* [[DARPA lunar programs]] |
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* [[In situ resource utilization]] |
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* [[Space architecture]] |
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* [[Outer Space Treaty|Outer space treaty]] |
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* [[Commercial Space Launch Competitiveness Act of 2015]] |
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==References== |
==References== |
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{{Reflist}} |
{{Reflist}}{{Inspace}} |
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{{DEFAULTSORT:Space-Based Industry}} |
{{DEFAULTSORT:Space-Based Industry}} |
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[[Category: |
[[Category:Space-based economy| ]] |
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[[Category:Space industry]] |
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{{economy-stub}} |
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{{space-stub}} |
{{space-stub}} |
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Latest revision as of 04:09, 2 December 2024
Space-based economy is economic activity in outer space, including asteroid mining, space manufacturing, space trade, space burial, space advertising and construction performed in space such as the building of space stations [1].
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.
A major catalyst in the development of a space economy has come from the rise of reusable launch vehicles and spacecraft in 2010s and the 2020s.[2][3]
Some analysts have argued for creating an International Bank, to support deep space exploration.[4][5]
Law
[edit]The 1967 Outer Space Treaty establishes that space, as the "province of all mankind," shall be freely explored and used by all nations, and that the use of the moon and all other celestial bodies shall be for peaceful purposes.[6]
In 2015, the U.S. Congress passed a law explicitly allowing American companies to use resources from the moon and asteroids, the Commercial Space Launch Competitiveness Act of 2015.
In April 2020, the U.S. Executive Order 13914 clarified the position of the U.S. government on the use of space resources and how the United States will foster the commercial development of space resources.[7][8] “Americans should have the right to engage in commercial exploration, recovery, and use of resources in outer space,” the order states.[9]
See also
[edit]- NewSpace
- Space colonization
- Chinese economic reform
- Colonization of the Moon
- Colonization of Mars
- Planetary habitability
- NASA lunar outpost concepts
- DARPA lunar programs
- In situ resource utilization
- Space architecture
- Outer space treaty
- Commercial Space Launch Competitiveness Act of 2015
References
[edit]- ^ Paravano, Alessandro; Locatelli, Giorgio; Trucco, Paolo (2023-09-01). "What is value in the New Space Economy? The end-users' perspective on satellite data and solutions". Acta Astronautica. 210: 554–563. doi:10.1016/j.actaastro.2023.05.001. hdl:11311/1249723. ISSN 0094-5765.
- ^ Sheetz, Michael (2020-05-13). "NASA estimates having SpaceX and Boeing build spacecraft for astronauts saved $20 billion to $30 billion". CNBC. Retrieved 2024-04-08.
- ^ kentnstxl (2024-02-12). "Reducing the Cost of Space Travel with Reusable Launch Vehicles". NSTXL. Retrieved 2024-04-08.
- ^ Hegadekatti, Kartik (2017-03-30). "IBSES: International Bank for Space Exploration and Sciences". mpra.ub.uni-muenchen.de. Archived from the original on 2019-01-29. Retrieved 2019-01-29.
- ^ Hegadekatti, Kartik (2017). IBSES: International Bank for Space Exploration and Sciences. Social Science Research Network.
- ^ "Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, including the Moon and Other Celestial Bodies". United Nations Office of Legal Affairs. 19 December 1966. Retrieved March 6, 2024.
- ^ "The Space Review: Putting the White House executive order on space resources in an international context". www.thespacereview.com. Retrieved 2024-03-07.
- ^ Wall, Mike (April 7, 2020). "Trump signs executive order to support moon mining, tap asteroid resources". space.com. Retrieved March 6, 2024.
- ^ "Executive Order on Encouraging International Support for the Recovery and Use of Space Resources – The White House". trumpwhitehouse.archives.gov. Retrieved 2024-03-07.
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