Commercial use of space
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Commercial use of space is the provision of goods or services of commercial value by using equipment sent into
Earth orbit Earth orbits the Sun at an average distance of 149.60 million km (92.96 million mi) in a counterclockwise direction as viewed from above the Northern Hemisphere. One complete orbit takes  days (1 sidereal year), during which time E ...
or
outer space Outer space, commonly shortened to space, is the expanse that exists beyond Earth and its atmosphere and between celestial bodies. Outer space is not completely empty—it is a near-perfect vacuum containing a low density of particles, pred ...
. This phenomenon – aka Space Economy (or New Space Economy) – is accelerating cross-sector innovation processes combining the most advanced space and digital technologies to develop a broad portfolio of space-based services. The use of space technologies and of the data they collect, combined with the most advanced enabling digital technologies is generating a multitude of business opportunities that include the development of new products and services all the way to the creation of new business models, and the reconfiguration of value networks and relationships between companies. If well leveraged such technology and business opportunities can contribute to the creation of tangible and intangible value, through new forms and sources of revenue, operating efficiency and the start of new projects leading to multidimensional (e.g. society, environment) positive impact. Examples of the commercial use of space include
satellite navigation A satellite navigation or satnav system is a system that uses satellites to provide autonomous geo-spatial positioning. It allows satellite navigation devices to determine their location ( longitude, latitude, and altitude/ elevation) to hig ...
,
satellite television Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location. The signals are received via an outdoor parabolic antenna com ...
and commercial
satellite imagery Satellite images (also Earth observation imagery, spaceborne photography, or simply satellite photo) are images of Earth collected by imaging satellites operated by governments and businesses around the world. Satellite imaging companies sell ima ...
. Operators of such services typically contract the manufacturing of satellites and their launch to private or public companies, which form an integral part of the space economy. Some commercial ventures have long-term plans to exploit natural resources originating outside Earth, for example asteroid mining.
Space tourism Space tourism is human space travel for recreational purposes. There are several different types of space tourism, including orbital, suborbital and lunar space tourism. During the period from 2001 to 2009, seven space tourists made eight s ...
, currently an exceptional activity, could also be an area of future growth, as new businesses strive to reduce the costs and risks of
human spaceflight Human spaceflight (also referred to as manned spaceflight or crewed spaceflight) is spaceflight with a crew or passengers aboard a spacecraft, often with the spacecraft being operated directly by the onboard human crew. Spacecraft can also be ...
. The first commercial use of outer space occurred in 1962, when the Telstar 1 satellite was launched to transmit television signals over the Atlantic Ocean. By 2004, global investment in all space sectors was estimated to be US$50.8 billion. As of 2010, 31% of all space launches were commercial.


History

The first commercial use of satellites may have been the Telstar 1 satellite, launched in 1962, which was the first privately sponsored space launch, funded by
AT&T AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company by revenue and the third largest provider of mobile ...
and Bell Telephone Laboratories. Telstar 1 was capable of relaying television signals across the
Atlantic Ocean The Atlantic Ocean is the second-largest of the world's five oceans, with an area of about . It covers approximately 20% of Earth's surface and about 29% of its water surface area. It is known to separate the " Old World" of Africa, Europe ...
, and was the first satellite to transmit live television,
telephone A telephone is a telecommunications device that permits two or more users to conduct a conversation when they are too far apart to be easily heard directly. A telephone converts sound, typically and most efficiently the human voice, into e ...
, fax, and other data signals. Two years later, the
Hughes Aircraft Company The Hughes Aircraft Company was a major American aerospace and defense contractor founded on February 14, 1934 by Howard Hughes in Glendale, California, as a division of Hughes Tool Company. The company was known for producing, among other ...
developed the Syncom 3 satellite, a geosynchronous
communications satellite A communications satellite is an artificial satellite that relays and amplifies radio telecommunication signals via a transponder; it creates a communication channel between a source transmitter and a receiver at different locations on Earth ...
, leased to the
Department of Defense Department of Defence or Department of Defense may refer to: Current departments of defence * Department of Defence (Australia) * Department of National Defence (Canada) * Department of Defence (Ireland) * Department of National Defense (Philipp ...
. Commercial possibilities of satellites were further realized when the Syncom 3, orbiting near the
International Date Line The International Date Line (IDL) is an internationally accepted demarcation on the surface of Earth, running between the South and North Poles and serving as the boundary between one calendar day and the next. It passes through the Pacific ...
, was used to telecast the 1964 Olympic Games from
Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.46 ...
to the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
. Between 1960 and 1966, NASA launched a series of early weather satellites known as Television Infrared Observation Satellites (TIROS). These satellites greatly advanced
meteorology Meteorology is a branch of the atmospheric sciences (which include atmospheric chemistry and physics) with a major focus on weather forecasting. The study of meteorology dates back millennia, though significant progress in meteorology did no ...
worldwide, as satellite imagery was used for better forecasting, for both public and commercial interests. On April 6, 1965, the
Hughes Aircraft Company The Hughes Aircraft Company was a major American aerospace and defense contractor founded on February 14, 1934 by Howard Hughes in Glendale, California, as a division of Hughes Tool Company. The company was known for producing, among other ...
placed the
Intelsat I Intelsat I (nicknamed Early Bird for the proverb "The early bird catches the worm") was the first commercial communications satellite to be placed in geosynchronous orbit, on April 6, 1965. It was built by the Space and Communications Group of ...
communications satellite A communications satellite is an artificial satellite that relays and amplifies radio telecommunication signals via a transponder; it creates a communication channel between a source transmitter and a receiver at different locations on Earth ...
geosynchronous orbit over the Atlantic Ocean. Intelsat I was built for the Communications Satellite Corporation (COMSAT), and demonstrated that satellite-based communication was commercially feasible. Intelsat I allowed for near-instantaneous contact between
Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...
and
North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and th ...
by handling television, telephone and fax transmissions. Two years later, the
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
launched the Orbita satellite, which provided television signals across
Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-ei ...
, and started the first national
satellite television Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location. The signals are received via an outdoor parabolic antenna com ...
network. Similarly, the 1972 Anik A satellite, launched by Telesat Canada, allowed the
Canadian Broadcasting Corporation The Canadian Broadcasting Corporation (french: Société Radio-Canada), branded as CBC/Radio-Canada, is a Canadian public broadcaster for both radio and television. It is a federal Crown corporation that receives funding from the governmen ...
to reach
northern Canada Northern Canada, colloquially the North or the Territories, is the vast northernmost region of Canada variously defined by geography and politics. Politically, the term refers to the three territories of Canada: Yukon, Northwest Territories an ...
for the first time. In 1980, Europe's Arianespace became the world's first commercial launch service provider. Beginning in 1997, Iridium Communications began launching a series of satellites known as the Iridium satellite constellation, which provided the first satellites for direct satellite telephone service.


Spaceflight

The commercial
spaceflight Spaceflight (or space flight) is an application of astronautics to fly spacecraft into or through outer space, either with or without humans on board. Most spaceflight is uncrewed and conducted mainly with spacecraft such as satellites in ...
industry derives the bulk of its revenue from the launching of satellites into the Earth's orbit. Commercial launch providers typically place private and government satellites into
low Earth orbit A low Earth orbit (LEO) is an orbit around Earth with a period of 128 minutes or less (making at least 11.25 orbits per day) and an eccentricity less than 0.25. Most of the artificial objects in outer space are in LEO, with an altitude never m ...
(LEO) and
geosynchronous Earth orbit A geosynchronous orbit (sometimes abbreviated GSO) is an Earth-centered orbit with an orbital period that matches Earth's rotation on its axis, 23 hours, 56 minutes, and 4 seconds (one sidereal day). The synchronization of rotation and orbital ...
(GEO). The
Federal Aviation Administration The Federal Aviation Administration (FAA) is the largest transportation agency of the U.S. government and regulates all aspects of civil aviation in the country as well as over surrounding international waters. Its powers include air traffic ...
(FAA) has licensed six commercial spaceports in the United States:
Wallops Flight Facility Wallops Flight Facility (WFF) is a rocket launch site on Wallops Island on the Eastern Shore of Virginia, United States, just east of the Delmarva Peninsula and approximately north-northeast of Norfolk. The facility is operated by the Godda ...
, Kodiak Launch Complex, Spaceport Florida,
Kennedy Space Center The John F. Kennedy Space Center (KSC, originally known as the NASA Launch Operations Center), located on Merritt Island, Florida, is one of the National Aeronautics and Space Administration's (NASA) ten field centers. Since December 196 ...
,
Cape Canaveral Space Force Station Cape Canaveral Space Force Station (CCSFS) is an installation of the United States Space Force's Space Launch Delta 45, located on Cape Canaveral in Brevard County, Florida. Headquartered at the nearby Patrick Space Force Base, the stati ...
, and the Vandenberg Air Force Base. Launch sites within
Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-ei ...
,
France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...
, and
China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...
have added to the global commercial launch capacity. The
Delta IV Delta IV is a group of five expendable launch systems in the Delta rocket family introduced in the early 2000s. Originally designed by Boeing's Defense, Space and Security division for the Evolved Expendable Launch Vehicle (EELV) program, th ...
,
Atlas V Atlas V is an expendable launch system and the fifth major version in the Atlas launch vehicle family. It was originally designed by Lockheed Martin, now being operated by United Launch Alliance (ULA), a joint venture between Lockheed Mart ...
, and
Falcon Falcons () are birds of prey in the genus ''Falco'', which includes about 40 species. Falcons are widely distributed on all continents of the world except Antarctica, though closely related raptors did occur there in the Eocene. Adult falcons ...
family of launch vehicles are made available for commercial ventures for the United States, while Russia promotes eight families of vehicles. Between 1996 and 2002, 245 launches were made for commercial ventures while government (non-classified) launches only total 167 for the same period. Commercial space flight has spurred investment into the development of an efficient reusable launch vehicle (RLV) which can place larger payloads into orbit. Several companies such as
SpaceX Space Exploration Technologies Corp. (SpaceX) is an American spacecraft manufacturer, launcher, and a satellite communications corporation headquartered in Hawthorne, California. It was founded in 2002 by Elon Musk with the stated goal o ...
and
Blue Origin Blue Origin, LLC is an American private spaceflight, privately funded aerospace manufacturer and sub-orbital spaceflight services company headquartered in Kent, Washington. Founded in 2000 by Jeff Bezos, the founder and executive chairman of Am ...
are currently developing new RLV designs. In the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
, Office of Commercial Space Transportation (generally referred to as
FAA/AST The Office of Commercial Space Transportation (generally referred to as FAA/AST or simply AST) is the branch of the United States Federal Aviation Administration (FAA) that approves any commercial rocket launch operations — that is, any laun ...
or simply AST) is the branch of
Federal Aviation Administration The Federal Aviation Administration (FAA) is the largest transportation agency of the U.S. government and regulates all aspects of civil aviation in the country as well as over surrounding international waters. Its powers include air traffic ...
(FAA) that approves any commercial
rocket A rocket (from it, rocchetto, , bobbin/spool) is a vehicle that uses jet propulsion to accelerate without using the surrounding air. A rocket engine produces thrust by reaction to exhaust expelled at high speed. Rocket engines work entir ...
launch operations—that is, any launches that are not classified as model, amateur, or "by and for the
government A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government i ...
."


Satellites and equipment

;Satellite manufacturing Commercial satellite manufacturing is defined by the United States government as satellites manufactured for civilian, government, or
non-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
use. Not included are satellites constructed for military use, nor for activities associated with any
human space flight Human spaceflight (also referred to as manned spaceflight or crewed spaceflight) is spaceflight with a crew or passengers aboard a spacecraft, often with the spacecraft being operated directly by the onboard human crew. Spacecraft can also be ...
program. Between the years of 1996 and 2002, satellite manufacturing within the United States experienced an annual growth of 11%. The rest of the world experienced higher growth levels of around 13%. ;Ground equipment manufacturing Operating satellites communicate via receivers and transmitters on Earth. The manufacturing of satellite
ground station A ground station, Earth station, or Earth terminal is a terrestrial radio station designed for extraplanetary telecommunication with spacecraft (constituting part of the ground segment of the spacecraft system), or reception of radio waves f ...
communication terminals (including
VSAT A very-small-aperture terminal (VSAT) is a two-way satellite ground station with a dish antenna that is smaller than 3.8 meters. The majority of VSAT antennas range from 75 cm to 1.2 m. Bit rates, in most cases, range from 4 kbit/s up to 1 ...
s), mobile satellite telephones, and home television receivers are a part of the ground equipment manufacturing sector. This sector grew through the latter half of the 1990s as it manufactured equipment for the satellite services sector. Between the years of 1996 and 2002 this industry saw a 14% annual increase. ;Transponder leasing Businesses that operate satellites often lease or sell access to their satellites to data relay and
telecommunication Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that ...
firms. This service is often referred to as transponder leasing. Between 1996 and 2002, this industry experienced a 15% annual growth. The United States accounts for about 32% of the world's transponder market.


Subscription satellite services

In 1994,
DirecTV DirecTV (trademarked as DIRECTV) is an American multichannel video programming distributor based in El Segundo, California. Originally launched on June 17, 1994, its primary service is a digital satellite service serving the United States. I ...
debuted
direct broadcast satellite Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location. The signals are received via an outdoor parabolic antenna comm ...
by introducing a signal receiving dish 18inches in diameter. In 1996,
Astro Astro may refer to: Entertainment and media * Astro (South Korean band), a South Korean boy band * Astro (UB40) (1957–2021), member of the British reggae band UB40 * Astro (Chilean band), a Chilean indie rock band * Astro (Japanese band), ...
started in
Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federal constitutional monarchy consists of thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Mal ...
with the launch of the
MEASAT MEASAT Satellite Systems Sdn. Bhd, formerly Binariang Satellite Systems Sdn. Bhd is a Malaysian communications satellite operator, which owns and operates the MEASAT (Malaysia East Asia Satellite) and AFRICASAT spacecraft. The company provides sat ...
satellite. In November 1999, the Satellite Home Viewer Improvement Act became law, and local stations were then made available in satellite channel packages, fueling the industry's growth in the years that followed. By the end of 2000, DTH subscriptions totaled over 67 million.
Satellite radio Satellite radio is defined by the International Telecommunication Union (ITU)'s ITU Radio Regulations (RR) as a '' broadcasting-satellite service''. The satellite's signals are broadcast nationwide, across a much wider geographical area than t ...
was pioneered by
XM Satellite Radio XM Satellite Radio (XM) was one of the three satellite radio (SDARS) and online radio services in the United States and Canada, operated by Sirius XM, Sirius XM Holdings. It provided pay-for-service radio, analogous to subscription cable televisi ...
and Sirius Satellite Radio. XM's first satellite was launched on March 18, 2001 and its second on May 8, 2001.Kevin Bonsor
"How Satellite Radio Works,"
HowStuffWorks. Accessed May 1, 2013.
Its first broadcast occurred on September 25, 2001, nearly four months before Sirius.Steve Parker
"XM plus Sirius = Satellite Radio Monopoly,"
''
Huffington Post ''HuffPost'' (formerly ''The Huffington Post'' until 2017 and sometimes abbreviated ''HuffPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and ...
'', July 24, 2008.
Sirius launched the initial phase of its service in four cities on February 14, 2002, expanding to the rest of the contiguous United States on July 1, 2002. The two companies spent over $3 billion combined to develop satellite radio technology, build and launch the satellites, and for various other business expenses."Satellite Radio Technology,"
spacefoundation.org, 2002. Accessed May 1, 2013.


Satellite imagery

Satellite imagery (also Earth observation imagery or spaceborne photography) are
image An image is a visual representation of something. It can be two-dimensional, three-dimensional, or somehow otherwise feed into the visual system to convey information. An image can be an artifact, such as a photograph or other two-dimensio ...
s of
Earth Earth is the third planet from the Sun and the only astronomical object known to harbor life. While large volumes of water can be found throughout the Solar System, only Earth sustains liquid surface water. About 71% of Earth's sur ...
or other planets collected by
imaging satellite An Earth observation satellite or Earth remote sensing satellite is a satellite used or designed for Earth observation (EO) from orbit, including spy satellites and similar ones intended for non-military uses such as environmental monitoring ...
s operated by governments and businesses around the world. Satellite imaging companies sell images by licensing them to governments and businesses such as
Apple Maps Apple Maps is a web mapping service developed by Apple Inc. The default map system of iOS, iPadOS, macOS, and watchOS, it provides directions and estimated times of arrival for driving, walking, cycling, and public transportation navigat ...
and
Google Maps Google Maps is a web mapping platform and consumer application offered by Google. It offers satellite imagery, aerial photography, street maps, 360° interactive panoramic views of streets (Street View), real-time traffic conditions, and rou ...
.


Satellite telecommunications

Satellites can be used to transmit and receive Internet services from space to any place in the planet Earth.


Satellite navigation

A satellite navigation or satnav system is a system that uses
satellite A satellite or artificial satellite is an object intentionally placed into orbit in outer space. Except for passive satellites, most satellites have an electricity generation system for equipment on board, such as solar panels or radioiso ...
s to provide autonomous geo-spatial positioning. It allows small electronic receivers to determine their location (
longitude Longitude (, ) is a geographic coordinate that specifies the east– west position of a point on the surface of the Earth, or another celestial body. It is an angular measurement, usually expressed in degrees and denoted by the Greek let ...
,
latitude In geography, latitude is a coordinate that specifies the north– south position of a point on the surface of the Earth or another celestial body. Latitude is given as an angle that ranges from –90° at the south pole to 90° at the north ...
, and
altitude Altitude or height (also sometimes known as depth) is a distance measurement, usually in the vertical or "up" direction, between a reference datum and a point or object. The exact definition and reference datum varies according to the context ...
/
elevation The elevation of a geographic location is its height above or below a fixed reference point, most commonly a reference geoid, a mathematical model of the Earth's sea level as an equipotential gravitational surface (see Geodetic datum § ...
) to high precision (within a few centimeters to metres) using
time signal A time signal is a visible, audible, mechanical, or electronic signal used as a reference to determine the time of day. Church bells or voices announcing hours of prayer gave way to automatically operated chimes on public clocks; however, a ...
s transmitted along a line of sight by
radio Radio is the technology of signaling and communicating using radio waves. Radio waves are electromagnetic waves of frequency between 30  hertz (Hz) and 300  gigahertz (GHz). They are generated by an electronic device called a tr ...
from satellites. The system can be used for providing position, navigation or for tracking the position of something fitted with a receiver (satellite tracking). The signals also allow the electronic receiver to calculate the current local time to high precision, which allows time synchronisation. These uses are collectively known as Positioning, Navigation and Timing (PNT). Satnav systems operate independently of any telephonic or internet reception, though these technologies can enhance the usefulness of the positioning information generated.


Space tourism

Space tourism is human space travel for recreational purposes. There are several different types of space tourism, including orbital, suborbital and lunar space tourism. To date, orbital space tourism has been performed only by the Russian Space Agency. Work also continues towards developing suborbital space tourism vehicles. This is being done by aerospace companies like
Blue Origin Blue Origin, LLC is an American private spaceflight, privately funded aerospace manufacturer and sub-orbital spaceflight services company headquartered in Kent, Washington. Founded in 2000 by Jeff Bezos, the founder and executive chairman of Am ...
and
Virgin Galactic Virgin Galactic is an American spaceflight company founded by Richard Branson and his British Virgin Group retains an 11.9% stake through Virgin Investments Limited. It is headquartered in California, and operates from New Mexico. The compan ...
. In addition,
SpaceX Space Exploration Technologies Corp. (SpaceX) is an American spacecraft manufacturer, launcher, and a satellite communications corporation headquartered in Hawthorne, California. It was founded in 2002 by Elon Musk with the stated goal o ...
(an aerospace manufacturer) announced in 2018 that they are planning on sending space tourists, including Yusaku Maezawa, on a free-return trajectory around the
Moon The Moon is Earth's only natural satellite. It is the fifth largest satellite in the Solar System and the largest and most massive relative to its parent planet, with a diameter about one-quarter that of Earth (comparable to the width of ...
on the
Starship A starship, starcraft, or interstellar spacecraft is a theoretical spacecraft designed for traveling between planetary systems. The term is mostly found in science fiction. Reference to a "star-ship" appears as early as 1882 in '' Oahspe: A Ne ...
.


Commercial recovery of space resources

Commercial recovery of space resources is the exploitation of raw materials from
asteroid An asteroid is a minor planet of the inner Solar System. Sizes and shapes of asteroids vary significantly, ranging from 1-meter rocks to a dwarf planet almost 1000 km in diameter; they are rocky, metallic or icy bodies with no atmosphere. ...
s, comets and other space objects, including
near-Earth object A near-Earth object (NEO) is any small Solar System body whose orbit brings it into proximity with Earth. By convention, a Solar System body is a NEO if its closest approach to the Sun (Apsis, perihelion) is less than 1.3 astronomical unit ...
s. Minerals and volatiles could be mined then used in space for in-situ utilization (e.g. construction materials and rocket propellant) or taken back to
Earth Earth is the third planet from the Sun and the only astronomical object known to harbor life. While large volumes of water can be found throughout the Solar System, only Earth sustains liquid surface water. About 71% of Earth's sur ...
. These include
gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile ...
,
iridium Iridium is a chemical element with the symbol Ir and atomic number 77. A very hard, brittle, silvery-white transition metal of the platinum group, it is considered the second-densest naturally occurring metal (after osmium) with a density o ...
,
silver Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical ...
,
osmium Osmium (from Greek grc, ὀσμή, osme, smell, label=none) is a chemical element with the symbol Os and atomic number 76. It is a hard, brittle, bluish-white transition metal in the platinum group that is found as a trace element in alloys, ...
,
palladium Palladium is a chemical element with the symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas, which was itself ...
,
platinum Platinum is a chemical element with the symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name originates from Spanish , a diminutive of "silver". Pla ...
, rhenium,
rhodium Rhodium is a chemical element with the symbol Rh and atomic number 45. It is a very rare, silvery-white, hard, corrosion-resistant transition metal. It is a noble metal and a member of the platinum group. It has only one naturally occurring i ...
,
ruthenium Ruthenium is a chemical element with the symbol Ru and atomic number 44. It is a rare transition metal belonging to the platinum group of the periodic table. Like the other metals of the platinum group, ruthenium is inert to most other chemical ...
and
tungsten Tungsten, or wolfram, is a chemical element with the symbol W and atomic number 74. Tungsten is a rare metal found naturally on Earth almost exclusively as compounds with other elements. It was identified as a new element in 1781 and first isol ...
for transport back to Earth;
iron Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in ...
,
cobalt Cobalt is a chemical element with the symbol Co and atomic number 27. As with nickel, cobalt is found in the Earth's crust only in a chemically combined form, save for small deposits found in alloys of natural meteoric iron. The free element, p ...
,
manganese Manganese is a chemical element with the Symbol (chemistry), symbol Mn and atomic number 25. It is a hard, brittle, silvery metal, often found in minerals in combination with iron. Manganese is a transition metal with a multifaceted array of ...
,
molybdenum Molybdenum is a chemical element with the symbol Mo and atomic number 42 which is located in period 5 and group 6. The name is from Neo-Latin ''molybdaenum'', which is based on Ancient Greek ', meaning lead, since its ores were confused with lead ...
,
nickel Nickel is a chemical element with symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive but large pieces are slow t ...
,
aluminium Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It ha ...
, and
titanium Titanium is a chemical element with the symbol Ti and atomic number 22. Found in nature only as an oxide, it can be reduced to produce a lustrous transition metal with a silver color, low density, and high strength, resistant to corrosion i ...
for construction; water and oxygen to sustain astronauts; as well as hydrogen, ammonia, and oxygen for use as rocket propellant. There are several commercial enterprises working in this field, including Planetary Resources and
Deep Space Industries Deep Space Industries, or DSI, was an American private ly-held company operating in the space technology and space exploration sectors. It was acquired on January 1, 2019 by Bradford Space. The company is developing and building spacecraft tech ...
.


Regulation

Beyond the many technological factors that could make space commercialization more widespread, it has been suggested that the lack of
private property Private property is a legal designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property and personal property, which is owned by a state entity, and from collective or ...
, the difficulty or inability of individuals in establishing property rights in space, has been an impediment to the development of space for both human habitation and commercial development. Since the advent of
space technology Space technology is technology for use in outer space, in travel (''astronautics'') or other activities beyond Earth's atmosphere, for purposes such as spaceflight, space exploration, and Earth observation. Space technology includes space vehicles ...
in the latter half of the twentieth century, the ownership of property in space has been murky, with strong arguments both for and against. In particular, the making of national territorial claims in
outer space Outer space, commonly shortened to space, is the expanse that exists beyond Earth and its atmosphere and between celestial bodies. Outer space is not completely empty—it is a near-perfect vacuum containing a low density of particles, pred ...
and on
celestial bodies An astronomical object, celestial object, stellar object or heavenly body is a naturally occurring physical entity, association, or structure that exists in the observable universe. In astronomy, the terms ''object'' and ''body'' are often us ...
has been specifically proscribed by the Outer Space Treaty, which had been, , ratified by all spacefaring nations. In November 25, 2015 President Obama signed the U.S. Commercial Space Launch Competitiveness Act (H.R. 2262) into law. The law recognizes the right of U.S. citizens to own space resources they obtain and encourages the commercial exploration and utilization of resources from asteroids. According to the article § 51303 of the law:


See also

*
Space launch market competition Space launch market competition is the manifestation of market forces in the launch service provider business. In particular it is the trend of competitive dynamics among payload transport capabilities at diverse prices having a greater influe ...
* Commercial astronaut * Private spaceflight *
Satellite Internet access Satellite Internet access is Internet access provided through communication satellites. Modern consumer grade satellite Internet service is typically provided to individual users through geostationary satellites that can offer relatively high d ...
* Space industry * Space manufacturing * Space-based industry *
Space pollution Space debris (also known as space junk, space pollution, space waste, space trash, or space garbage) are defunct human-made objects in space—principally in Earth orbit—which no longer serve a useful function. These include derelict spacecr ...


References

*Futron Corporation (2001)
Trends in Space Commerce
. Retrieved January 24, 2006


External links


Ethical Issues



Office of Space Commercialization

Property Rights

Government Policy

Mir Space Station Privatization
{{Use American English, date=January 2014 Satellite broadcasting Space industry 1962 introductions Space-based economy