The Pros and Cons of Space Tourism´s Expansion

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With the space program growing the space industry is seeing a greater demand in the market for space tourism. With these demands to venture out to space there are companies that are venturing out to make it an opportunity for humans to explore out to the stars. The world is now seeing companies making it their mission to do orbital, suborbital flights and even live in space. The space industry’s business and economics on the development of new space vehicles for future space tourism is a concern for these companies. With these orbital and suborbital flights for space tourism there are some legal ramifications that companies have to also deal with. Most companies that are planning to venture out to space they have to think of how to …show more content…
During the perceived recent stagnation of NASA activity, there have been several successful efforts by private manned spacecraft to penetrate the Earth’s atmosphere. A few citizens and celebrities have even ventured out into space. However, will be a long time before space tourism is both profitable for suppliers and affordable for middle class society.

At the beginning of the millennium we started to see private companies beginning to look for potential space tourist. The reason for this was to off set their cost to their maintenance. Within the contexts of "orbital spaceflight" is to mostly used to differentiate from sub-orbital spaceflights, which are flights where the greatest distance from the Earth (apogee) of a spacecraft reaches space but altitude at the closest approach (perigee) is too low. Space X and their Dragon spacecraft is a current project. Also, Boeing is making their CST-100. Excalibur Almaz, a private company based in the Isle of Man, plans to use modernized TKS space capsules to carry paying research crews into low Earth orbit and beyond. In June 2012, it announced it was ready to sell tickets for private expeditions to the moon, and expects to undertake the first of these voyages by 2015. Russian company Space Adventures offered space flights during 2001-2009 to the International Space Station aboard a Russian Soyuz spacecraft. Dennis Tito visited the ISS on April 28, 2001, and stayed for seven
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