{"id":118408,"date":"2021-07-13T20:20:49","date_gmt":"2021-07-13T14:50:49","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=118408"},"modified":"2021-07-13T21:15:04","modified_gmt":"2021-07-13T15:45:04","slug":"space-tourism-spinoffs","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/space-tourism-spinoffs\/","title":{"rendered":"Space tourism spinoffs"},"content":{"rendered":"<p><strong>Source: \u00a0<a href=\"https:\/\/www.business-standard.com\/article\/opinion\/space-tourism-spinoffs-121071201361_1.html\" target=\"_blank\" rel=\"noopener\">The Business Standard<\/a><\/strong><\/p>\n<p><strong>Relevance<\/strong>: Space tourism is gaining popularity in the field of Space.<\/p>\n<p><strong>Synopsis:<\/strong><\/p>\n<p>The entry of the private sector into the space race brings new dimensions to the monetization of space technology.<\/p>\n<p><strong>Private space tourism projects:<\/strong><\/p>\n<p>Three important private organisations (Virgin Galactic, Blue Origin, and SpaceX) made huge investments in space projects.<\/p>\n<ul>\n<li>Recently VSS Unity spaceship, with six people on board, recently took off from New Mexico and reached an altitude of 85 km from Earth before returning.<\/li>\n<li>Amazon founder\u2019s space company named Blue Origin has recently concluded the online auction for the first seat on the <a href=\"https:\/\/forumias.com\/blog\/what-is-the-new-shephard-rocket-system\/\" target=\"_blank\" rel=\"noopener\">New Shephard rocket system<\/a>.<\/li>\n<li>SpaceX even <strong>aims to go to Mars<\/strong>. <strong>SpaceX rockets already supply the International Space Station (ISS)<\/strong> and <a href=\"https:\/\/forumias.com\/blog\/spacexs-crew-dragon-successfully-returns-nasa-astronauts-back-to-earth\/\" target=\"_blank\" rel=\"noopener\">carry crew to and fro from that facility<\/a>.<\/li>\n<\/ul>\n<h5><strong>The future of space tourism:<\/strong><\/h5>\n<p>Space tourism could soon be an option for the well-heeled adventure tourist. For instance, Virgin Galactic has received over 500 advance bookings at $250,000 per seat on the VSS Unity.<\/p>\n<p>For comparison, people pay $50,000 to climb Everest in package tours, alongside trainers, and dedicated teams of Sherpa.<\/p>\n<h5><strong>Preparation for space tourists:<\/strong><\/h5>\n<ul>\n<li>Passengers must be cushioned and protected from high acceleration during the travel period and during the landing.<\/li>\n<li>The cabin must be pressurized, and all furniture secured to handle weightlessness.<\/li>\n<li>Insulation is required to protect the craft from heat generated by friction.<\/li>\n<\/ul>\n<h5><strong>Advantages of Space tourism missions:<\/strong><\/h5>\n<ul>\n<li>The <strong>materials used, and the design elements, could be incorporated in safety equipment in cars and bullet trains<\/strong>.<\/li>\n<li>Another set of positive consequences<strong> may be the clean-up of space debris<\/strong>. The Space Registration Convention of 1976 and the recent Artemis Accords suggest clearing up space debris. The presence of high net-worth tourists will add a sense of urgency.<\/li>\n<\/ul>\n<h5><strong>Challenges with the entry of private players:<\/strong><\/h5>\n<ul>\n<li>Private entities tend to be focused on very specific technologies, which have visible payoffs within the foreseeable future.\n<ul>\n<li><strong>Development in many areas<\/strong> ranging from modern communications, and geo-location systems, to renewable energy usage, weather prediction, etc. <strong>are the result of publicly-funded national space agencies<\/strong> that did not look for immediate payoffs.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<div class=\"content-box-green\">\n<p><strong>Terms to know:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/forumias.com\/blog\/international-space-stationiss\/\" target=\"_blank\" rel=\"noopener\">International Space Station (ISS)<\/a><\/li>\n<li><a href=\"https:\/\/forumias.com\/blog\/what-is-artemis-accords\/\" target=\"_blank\" rel=\"noopener\">Artemis Accords<\/a><\/li>\n<li><a href=\"https:\/\/forumias.com\/blog\/what-is-registration-convention\/\" target=\"_blank\" rel=\"noopener\">Space Registration Convention<\/a><\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Source: \u00a0The Business Standard Relevance: Space tourism is gaining popularity in the field of Space. Synopsis: The entry of the private sector into the space race brings new dimensions to the monetization of space technology. Private space tourism projects: Three important private organisations (Virgin Galactic, Blue Origin, and SpaceX) made huge investments in space projects.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/space-tourism-spinoffs\/\">Continue reading <span class=\"screen-reader-text\">Space tourism spinoffs<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,400],"class_list":["post-118408","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-space","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/118408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=118408"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/118408\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=118408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=118408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=118408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}