The space market is already in the sights of investors

The space market is already in the sights of investors

https://twitter.com/SierraSpaceCo/status/1478429276164743177

Sierra Space, a subsidiary of the company Sierra Nevada, wants his 30-foot spaceship, named “Dream Chaser” (dream chaser), carry out your first missions this year, betting on the reusable ship as the cornerstone of your ambitions.

“Before, only governments could do it. Now, ordinary human beings can go into space.”, He said Neeraj Gupta, responsible for Sierra Nevada, to AFP.

The small shuttle was designed to transporting people and equipment to and from commercial space facilities that the company plans to build in the next ten years, especially a system of inflatable structures designed to accommodate humans in orbit.

https://twitter.com/SierraSpaceCo/status/1478791165151531008

Sierra Nevada signed an agreement with the NASA for unmanned flights to the International Space Station, which should begin in 2022, and collaborates with the company Blue Origin, from Jeff Bezos, co-founder of the online commerce giant Amazon.

Commercial space-related projects are advancing at a dizzying pace, in particular with the rocket launches of SpaceX, the company founded by South African Elon Musk – also owner of the electric car company Tesla – that transports astronauts for NASA.

Last year, Bezos’ space trip aboard a Blue Origin rocket sparked both fascination and criticism for the “race to space” that is fought between billionaires. But beyond tourism, currently space is perceived as a new commercial horizon to take seriously.

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Many companies had been inclined to more or less extravagant ideas, such as asteroid mining or biomedical applications, but until five years ago the idea of ​​producing something in space and bringing it to Earth made no senseexplained Mason Peck, professor of astronautics at Cornell University.

“Currently there are companies that are studying this question: How can I make money in space?”, subrayó Peck a la AFP.

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Space.

The attractiveness of profit has the power to strongly accelerate productivity and technological advancesMuch more than the slow and thoughtful approach of NASA or the European space agency.

“More capital is invested in the space industry. Technology improves, costs go down, so everyone benefits.”, indicated Mike Gruntman, professor of astronautics at the University of Southern California.

However, the prospect of an increase in space activity by private companies could also generate real risks. “There will surely be a time when a tragedy. There are traffic accidents, bridges that collapse“Peck concluded.

Source From: Ambito

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