Extraterrestrial investments
So at the dawn of the second space race, we can see that many people were already turning to investment space Whether it was communications as an opportunity. satellite the terraforming and colonisation of other planets.
The first space race led to a host of developments that are now part of our everyday lives: vacuum cleaners, solar panels, memory foam, and water filters...
All in all, humanity has a lot to gain from space exploration, but it can also make everyday life easier. If you look at it that way, countless potential investments could make a lot of money over decades.
- Space tourism
There has been a lot of talk about space tourism recently. Both Blue Origin and Virgin Galactic have started to transport passengers to the edge of space. Discussions have also begun about Tom Cruise filming a movie on the International Space Station.
Realspace tourism will soon be a reality, where you can spend a few days on a space station and not just 10 minutes in weightlessness. SpaceX is already delivering equipment to the ISS in a fully automated way, making it easier and safer to supply space stations. The journey and docking are automated, making the whole process much safer, and reusable rockets make space travel cheaper and cheaper.
The start-up Vast is planning to build a space station with artificial gravity to make a long-duration stay, and the companies Voyager and Lockheed Martin have asked the Hilton hotel chain to design space suits for their Starlab space station, which they hope to launch in 2027.
As this will be a luxury service, it is likely to generate big profits for the companies that put a safe model into service.
- Space mining
The development of space exploration will eventually lead to the extraction of a wide range of materials from space.
This requires a completely innovative approach compared to traditional mining. The conditions in space are completely different, so many elements are found in different forms than on Earth and require different tools to process them. Mining in space can also mean extracting gases from the atmosphere of planets or the frozen form of ice. Asteroids are not always solid material either, just lots of 'pebbles' in a pile.
The easiest way to mine in space now is to extract the metals in asteroids, and this is, incidentally, the most profitable way to do so for the time being. Raw materials that are difficult or rare to obtain on Earth are quite abundant in asteroids. Completely in space can also means in space.
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