Space-based economy is economic activity 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 ...
, including
asteroid mining
Asteroid mining is the hypothetical exploitation of materials from asteroids and other minor planets, including near-Earth objects.
Notable asteroid mining challenges include the high cost of spaceflight, unreliable identification of asteroi ...
,
space manufacturing,
space trade, construction performed in space such as the building of
space station
A space station is a spacecraft capable of supporting a human crew in orbit for an extended period of time, and is therefore a type of space habitat. It lacks major propulsion or landing systems. An orbital station or an orbital space station ...
s,
space burial, and
space advertising.
Space-based industrial efforts are presently in their infancy. Most such concepts would require a considerable long-term human presence in space and relatively low-cost access to space. The majority of proposals would also require technological or engineering developments in areas such as
robotics
Robotics is an interdisciplinarity, interdisciplinary branch of computer science and engineering. Robotics involves design, construction, operation, and use of robots. The goal of robotics is to design machines that can help and assist human ...
,
solar energy
Solar energy is radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture. It is an ...
, and
life support systems.
Some analysts have argued for creating an International Bank, to support deep space exploration.
See also
*
NewSpace
*
Space colonization
Space colonization (also called space settlement or extraterrestrial colonization) is the use of outer space or celestial bodies other than Earth for permanent habitation or as extraterrestrial territory.
The inhabitation and territor ...
References
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