Commercial Space Exploration

This book offers a comprehensive overview of current space exploration in terms of geopolitical and commercial aspects. Despite multiple attempts to foster commercial activities in the field of space exploration, for decades the domain largely continued to be funded and led by governments in the form of national and international programmes. However, the situation changed with the retirement of the Space Shuttle and the introduction of NASA’s Commercial Orbital Transportation Services (COTS) programme, which employed an innovative procurement scheme based on competitive, performance-based, fixed-price milestones. The success of this programme marked an important milestone in the evolution of the relationship between government and industry. The growing opportunities for private actors to make more prominent contributions to space exploration also lie in the “New Space” ecosystem, a sectoral transformation characterised by a substantial increase in private investment and the emergence of commercial efforts to develop disruptive concepts and address new markets.

Not since man set foot on the moon over four decades ago has there been such passion and excitement about space exploration. This enthusiasm and eagerness has been spurred on by the fact that for the first time since the very beginning of the space age, space travel is no longer limited to an elite group of highly trained and well-disciplined military officers and test pilots. Instead, we must understand that the possibility of commercial space travel is already on our horizon and that it comes with a number of significant practical and moral challenges. Our level of scientific development and ability to influence international affairs and policy confers upon us an obligation to study the ethical, legal and social considerations associated with space exploration and understanding the potential consequences from the beginning is critical. This volume provides the first comprehensive and unifying analysis concerning the rise of private space exploration, with a view toward developing policy that may influence real-world decision making. The plethora of questions demanding serious attention - privatisation and commercialisation, the impact on the environment, health futures, risk assessment, responsibility and governance - are directly addressed in this scholarly work.

Young addresses the impressive expansion across existing and developing commercial space business markets, with multiple private companies competing in the payload launch services sector. The author pinpoints the new markets, technologies, and players in the industry, as well as highlighting the overall reasons why it is important for us to develop space. NASA now relies on commercial partners to supply cargo and crew spacecraft and services to and from the International Space Station. The sizes of satellites are diminishing and their capabilities expanding, while costs to orbit are decreasing. Suborbital space tourism holds the potential of new industries and jobs. Commercial space exploration of the Moon and the planets also holds promise. All this activity is a catalyst for anyone interested in joining the developing space industry, from students and researchers to engineers and entrepreneurs. As more and more satellites and rockets are launched and the business of space is expanding at a significant pace, it is increasingly important for scientists and engineers of many disciplines to understand how the business evolved and where it is continuing to develop. The growing field is fully explored in this concise overview to the players in this changing landscape.

Is commercial space travel or space tourism sustainable, or is outer space exploration too risky for commercial use?

Space isn't just the final frontier-it's big business! From exploration to space vacations, learn how private businesses are transforming the future of space travel and exploration.

This is an up-to-date investigation of the emerging commercial space business. It explores who are the players, the celebrities and technical innovators that are making this important new industry a reality. It is the most comprehensive look at the industry in terms of covering the companies, the role of NASA and other space agencies, as well as the strategic implications of private space systems. It examines the business risks and other possible show-stoppers that might inhibit the growth of commercial spaceflight systems. Space tourism is seen as more than a fad but a crucial next step in the evolution of humankind. The book is unique in terms of exploring new technologies of the future, and reviewing the regulatory and legal ramifications of private space now and into the next decade.

This first account of commercial spaceflight’s most successful venture describes the extraordinary feats of engineering and human achievement that have placed SpaceX at the forefront of the launch industry and made it the most likely candidate for transporting humans to Mars. Since its inception in 2002, SpaceX has sought to change the space launch paradigm by developing a family of launch vehicles that will ultimately reduce the cost and increase the reliability of space access tenfold. Coupled with the newly emerging market for governmental, private, and commercial space transport, this new model will re-ignite humanity's efforts to explore and develop space. Formed in 2002 by Elon Musk, the founder of PayPal and the Zip2 Corporation, SpaceX has already developed two state-of-the-art new launch vehicles, established an impressive launch manifest, and been awarded COTS funding by NASA to demonstrate delivery and return of cargo to the ISS. This book describes how simplicity, low-cost, and reliability can go hand in hand, as promoted in the philosophy of SpaceX. It explains how, by eliminating the traditional layers of internal management and external sub-contractors and keeping the vast majority of manufacturing in house, SpaceX reduces its costs while accelerating decision making and delivery, controls quality, and ensures constant liaison between the design and manufacturing teams.

This is a book about the business of space. It is indeed the first such book which explores the creation of the whole new field of commercial space exploration, previously considered to be an oxymoron. Starting with the transformation of the original governmental and military space programs into the successful satellite communications businesses, it then builds the case for moving forward to full commercial space exploration, with space tourism and therefore commercial space transportation being the key to this paradigm shift. The author has been involved in all these phases of development as a business insider, and is currently one of the international judges of The Google Lunar XPRIZE which is using prizes to kickstart the lunar commerce business. He brings us unprecedented insights, including accounts and details of multi-million dollar satellite and launch vehicle negotiations. Webber's data-packed narrative is supported with a fascinating selection of illustrations, many being published for the first time.

Space was at the center of America's imagination in the 1960s. President John F. Kennedy's visionary statement captured the mood of the day: "We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard." The Apollo mission's success in July 1969 made almost anything seem possible, but the Cold War made space flight the province of governmental agencies in the United States. When the Apollo program ended in 1972, space lost its hold on the public interest, as the great achievements wound down. Entrepreneurs are beginning to pick up the slack-looking for safer, more reliable, and more cost effective ways of exploring space. Entrepreneurial activity may make create a renaissance in human spaceflight. The private sector can energize the quest for space exploration and shape the race for the final frontier. Space entrepreneurs and private sector firms are making significant innovations in space travel. They have plans for future tourism in space and safer shuttles. Solomon details current US and international laws dealing with space use, settlement, and exploration, and offers policy recommendations to facilitate privatization. As private enterprise takes hold, it threatens to change the space landscape forever. Individuals are designing spacecraft, start-up companies are testing prototypes, and reservations are being taken for suborbital space flights. With for-profit enterprises carving out a new realm, it is entirely possible that space will one day be a sea of hotels and/or a repository of resources for big business. It is important that regulations are in place for this eventuality. These new developments have great importance, huge implications, and urgency for everyone.