How is the space business changing the world?
War is the beginning of development. The space industry is no exception. that was driven by the war between two superpowers Between the United States and the Soviet Union The competition is tense. Success came when humans began traveling into space. With the first satellite Sent into orbit in 1957, a historic event on that day. has driven the space industry To develop and grow in leaps and bounds and change the world forever
Currently, the main driving force of the space business is the demand for satellite services Satellite television Radio broadcasting, GPS navigation, weather monitoring Observing various activities, surveying the earth’s surface as well as medical development The demand for these services has continued to increase in recent years. and private companies was quick to take advantage of this opportunity
Companies such as SpaceX, OneWeb, Virgin Galactic and Blue Origin, among others, are competing and developing technology. To create a constellation of satellites that can provide high-speed internet service. in remote areas of the world Business development in suborbital space tourism or even attempts to build a spaceship that has the ability to take pilots to new territories Whether it be traveling to the moon, Mars or even traveling to other planets.
Changing the world with space business Not only involved in space travel but also to create change and increase efficiency in solving social and environmental problems of our world, such as climate change. Satellites can monitor global warming By measuring temperature, sea level, and ice cover and other indicators, data collected by these satellites It is used to develop models that help scientists better understand climate change. national security From the use of satellites in intelligence, surveillance and reconnaissance important to the military. and the development of new drugs and treatments that would not be possible without space research.
Seeking to drill and develop space resources By exploring the planets and Mars We can exploit space resources such as minerals, gases, and ice in our world. Businesses like these create opportunities to develop and exploit resources that exist outside the world. It allows us to increase and control energy resources. Exploring space resources and develop new technologies related to the use of space resources
The space business has enormous potential to change the world. Space technology is used in many fields of business and helps various organizations, even creating cutting edge opportunities and change for humanity. But it still faces challenges in many areas, including the sky-high costs of developing technology and innovation. Safety risks from the harsh environment in space that may lead to mission failure
Including operating procedures that must be subject to strict laws and regulations. But even so, the space business is growing rapidly. We will probably see more creative and exciting world changes in the near future. and create stability in sustainable human existence.
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refer
https://education.nationalgeographic.org/resource/history-space-exploration/
https://www.weforum.org/agenda/2022/10/space-economy-industry-benefits/
https://www.mckinsey.com/industries/aerospace-and-defense/our-insights/how-will-the-space-economy-change-the-world
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2023-12-04 16:15:43