Space Exploration Benefits
Space Generation Economy
In 1957, the Russians launched the first manmade object to orbit the earth…Sputnik. A mere five years later, a new space economy began. Telstar, the first commercial satellite, looked like a beach ball encrusted with medallions. But each of those medallions was a photovoltaic panel, harvesting solar energy.
Satellite technology is a crucial element of the "Third Industrial Revolution" to the extent of which it has opened up unprecedented possibilities to create knowledge and information, to access, share and manage it within a system. This knowledge can be used by governmental organisations as well as large- or small-scale businesses to engine powerful knowledge management systems as tools for social and economic progress.
Precision farming or satellite farming is a farming management concept based on observing and responding to intra-field variations. Today, precision agriculture is about whole farm management with the goal of optimizing returns on inputs while preserving resources. It relies on new technologies like satellite imagery, information technology, and geospatial tools. It is also aided by farmers’ ability to locate their precise position in a field using satellite positioning system like the GPS or other GNSS.
Even as you read these words, there's a world of research going on high over our heads—approximately 200–215 miles up. The International Space Station (ISS), which has been taking shape for much of the past decade, is an orbiting laboratory for many kinds of research.
Local and regional authorities play a central role in ensuring the socio-economic prosperity of their regions. Satellite information and services support efficient decision-making, integrated planning and offer innovative tools for boosting regional development. Various organisations helps local and regional authorities make the most of satellite services.
Space Real Estate
There’s a hidden harvest awaiting us in space. It comes from the 500 square miles of land inside an O’Neill Cylinder. Proposed in 1974 by Princeton physicist Gerard O’Neill, an O’Neill Cylinder is a pair of giant cans in the sky made of concrete and steel, cans twenty miles long and four miles in diameter. An O’Neill Cylinder is big enough to house millions.
Humanity's interest in the heavens has been universal and enduring. Humans are driven to explore the unknown, discover new worlds, push the boundaries of our scientific and technical limits, and then push further. The intangible desire to explore and challenge the boundaries of what we know and where we have been has provided benefits to our society for centuries
Mining the plentiful resources of the moon and near-Earth asteroids could alter the course of human history, adding trillions of dollars to the world economy and spurring our species' spread out into the solar system, a new breed of space entrepreneur says.
The mistake underlying by many of the future is the assumption that ordinary people cannot go to space. They believe that it is almost impossibly difficult to get to space, and that only specially selected people with extensive training can survive the "rigors" of space travel. Consequently they assume that space activities will remain trivially small in scale, and that humans' future will be essentially Earth-bound.
Space Solar Power gathers energy from sunlight in space and transmits it wirelessly to Earth. Space solar power can solve our energy and greenhouse gas emissions problems. Not just help, not just take a step in the right direction, but solve. Space solar power can provide large quantities of energy to each and every person on Earth with very little environmental impact.