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National Aeronautics And Space Administration (NASA)

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Many see space exploration as a task that only the National Aeronautics and Space Administration (NASA) can pursue. Yet, critics complain about the lack of funding and growth that NASA and many other government-regulated space exploration organizations have accomplished. Recent developments in the private space industry have proven to be hopeful. Significant leaps and bounds have been made by several companies and progress is continuously being made because of them. These companies include: SpaceX, Virgin Galactic, Boeing, and many more. Each has a mission that is slightly different from the others, whether it be deep space exploration, tourism, or even building a telescope. The private space industry is on the rise, and while this industry …show more content…

Other small missions have been completed, such as the Voyager 1 probe and the Lunar Crater Observation and Sensing Satellite. Its mission was to search for the presence or absence of ice on the Moon. Months after its landing, scientists were able to confirm the presence of ice on the Moon’s south pole. Furthermore, NASA has retired space shuttle launchings, with the last one being in 2011 when Atlantis was propelled into space. It’s mission was to bring much-needed supplies to the International Space Station (Space Exploration 6). This was NASA’s last major assignment, and not much has been carried out in recent …show more content…

They received contracts through the government’s “cost-plus” system, which ensured a profit even if the mission exceeded the advertised price. Therefore, they had no incentive to be efficient, only profitable. Revenues would decrease if total costs increased, making it very difficult for private satellite operators to put their satellites into orbit. New companies that have entered the industry are providing a much cheaper option to space entry in many ways (Chaikin 4). One major factor in the significant price reduction that SpaceX offers is their rocket’s ability to be reusable. This reduces the price per launch up to thirty percent, which translates to $18.6 million per launch. The difference in launch costs between SpaceX and the traditional, government-contracted companies is sustainable. For a 10,000 pound rocket, SpaceX can conduct this launch at one-fifth the price Boeing can at $12 million. And for a rocket with 50,000 lbs. of payload weight, SpaceX is able to shave off $30 million from RFSA’s Proton-M rocket (Caughill 3). Similarly, a private company, such as Space Systems, is able to to allow lower costs because of their capability to repurpose the second stage rocket. Their idea is to transform the upper stage into a habitat after orbit has been reached. Their team has proposed adding a docking hatch,

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