What Are The Advantages And Disadvantages Of The Space Industry

The National Aeronautics and Space Administration (NASA) is perhaps the most well known space agency in the world. Since its formation in 19581, it has pioneered in space science, yet is also renowned for its large budget. NASA has the highest budget of any space agency, $18.6 billion2 in 2015, the equivalent of every American paying $54 towards the agency3, meaning 0.14% of total GDP is spent on NASA3 . This money is spent on the ISS, sending astronauts, probes and satellites into space, astrophysics and planetary science research, maintaining and developing NASA’s space telescopes (the Wide Field Infrared Survey telescope searching for dark energy and exoplanets, the James Webb Space Telescope and the Hubble Space Telescope) and developing spacecraft2. Space exploration is an incredibly expensive process with one shuttle launch costing $450 million4 however NASA’s colossal budget benefits the USA greatly; the agency employs 18,000 people5 as astronauts, engineers, scientists and teachers and G. Scott Hubbard, former director of the NASA Ames Research Center estimates that every dollar spent on NASA returns $8 to the economy6.While this figure is an estimate, it demonstrates NASA’s worth and capacity for money making. NASA works on pioneering research and as its patents and licenses return to the US treasury, it

For many years humans have been exploring space to discover the unknown and fuel their curious and adventurous nature, but the decision of whether space exploration is worth the cost is strongly debated. Due to various arguments and evidence space exploration is strongly supported is proven to be worth the cost. Some of these reasons include space exploration being able to expand our knowledge and it being able to generate wealth. With these reasons the argument of whether space exploration is worth the risk can be easily decided.

The space race was a competition between the United States and the Soviet Union that occurred during the Cold War. They competed for dominance in space technology and spaceflight, which spurred many significant inventions and events. Some of these inventions and events include the first-ever landing on the moon, the first artificial satellite to be launched into the Earth’s orbit, the establishment of NASA, the invention of the microprocessor computer, the invention of satellite communication technology, and other direct and indirect impacts. Each of the different events and inventions that spawned from the space race have had significant impacts on the United States economy.

Where the World Wars and commercialization allowed aviation to develop from the Wrights’ simple aircraft, to large commercial plane, to extremely complex military aircraft. Today, reorganized to form NASA, its main goal is the advancement of space technology and the human exploration of space. Using the private companies to commercialize low-orbit travel and the development of better rocketry, NASA can focus on deep exploration. NASA believes that commercialization is not only a method to be cost effective, but help raise the number of crew aboard the ISS, provide new economic frontiers in space travel, and brings the frontier to civilians. In the near future, with the aid of space commercialization and NASA research, astronauts and spacecraft will become independent of Earth. Meaning, that astronauts and spacecraft will no longer need to reenter Earth’s orbit for resupplies, but are able to self-sustain their systems. This will enable humanity to push further into the depths of space, beyond the asteroid belt or even

The Cold War was an all-encompassing face of the 20th century, world politics, and a major idea during this time was domination of the skies. The United States competed against The Soviet Union in a war unlike any other, they didn’t fight with guns, bombs, or war machines but with science and the battlefield was space. The prioritization of the space race on the national agenda was characterized by an urgency, which underscored the commitment to the U.S. to defeat the Soviet Union by all means necessary. This came at the cost of billions of dollars, resources, lives, and political forces.

America’s space program is undoubtedly one of its greatest modern achievements. Few people cannot recall the famous quote “That’s one small step for man, one giant leap for mankind,” or do not know where it came from. The story leading up to the moment a man walked on the moon, as well as everything that came after, is just as interesting and important as the moment itself. The significance of the history of America’s aeronautics programs cannot possibly be overestimated, and their story is one that is incredibly important to the modern world of today. It would not be the nation that it is, with the technology it possesses, without its crucial involvement in the “space race”. If the technology that sent a man to the moon did not exist, our daily lives would be impacted and basic tools would be missing. Beginning with America’s first official aeronautics organization, the National Advisory Committee for Aeronautics (or NACA) and continuing through to the present day and the National Aeronautics and Space Administration (or NASA), the story of America’s aerospace programs is interesting and extremely important. It is a story that spans many years and giant leaps in technology, and involves important locations like Wallops Flight Facility and Kennedy Space Center. From the early beginnings of NACA and Wallops, and continuing on to the rise and success of NASA and Kennedy Space Center, aeronautics

In July of 1958, President Eisenhower passed the National Aeronautics and Space Act, which established the National Aeronautics and Space Administration as a response to the Soviet Union's launch of Sputnik nine months earlier. That administration, now known worldwide as NASA, has become an icon of space exploration and mankind's accomplishments. Who would have thought that fifty years later, NASA's future would be so uncertain? Congress has recently proposed a bill that would significantly cut funding from the NASA's Constellation program. These budget cuts are unnecessary and are counterproductive to the original idea of the space program.

Space exploration has exploded in the past 56 years. From the first successful satellite mission in 1961, to the first mission space walk in 1969 a to the first time lettuce was grown and eaten in space in 2015. These are just the beginning steps towards potential space exploration and advancing technology to the maximum.

“Sputnik marked the beginning of the "space race," a period of nearly twenty years during which fierce US and Soviet competition spurred both countries to make rapid progress in aeronautic engineering,” (Lee). This period of time birthed a new program from the American government, called the National Aeronautics and Space Administration, or NASA. NASA has been building rockets, training astronauts, and studying space for the benefit of science, the government, and the people of America since 1958. Unfortunately, many people don't realize how important NASA is, and there have been efforts made to stop the government from funding NASA. This program is essential for increasing knowledge of outer space, protecting planet Earth, and creating

In 1986, the USSR launched its space station Mir in orbit. NASA proposed to construct a permanently manned orbiting space station in response. The US began building the space station Freedom, working with Canada, several European countries, and Japan as partners in the endeavor. Just as work on Freedom began, however, the Soviet Union collapsed. This presented an opportunity for the US to work with Russia in space rather than compete with them. Freedom was reengineered into the new International

The world today revolves around technology and is in an ever upward spiraling path of new advancements. This path is now at what some people call the “final frontier”, or the space age. The discoveries being made on this front are overwhelming in comparison to the technology that the world had only twenty years ago. Space exploration was once left up to the governments, as they battled to be the first country in space, but with national debts raising and the cuts made in response, space exploration is beginning to become new grounds for private business owners. Private companies are already beginning to send off rockets at a fraction of the cost that government does, but if more money was put into the government space program, then they

We have dreamt of spaceflight since ancient times. Humans have developed and thought of many ways to acquire this immense feat and it wasn’t till the 20th century mankind were able to build rockets powerful enough to overcome the force of gravity. Since then, we’ve successfully sent mankind to the moon, rovers to mars and space probes deep into the reaches of our solar system. Nations have striven to advance and attain great heights in the field of space exploration. The constant competitiveness between USA and USSR during the cold war led to many major breakthroughs in the history of space exploration beginning with USSR launching the first international space station and USA successfully landing a human on the moon. The international space station (ISS) stands as the basis of how international collaboration can affect space exploration. Even though some nations are unwilling to work together, space exploration provides a platform for nations to form relationships that benefits one another and create beneficial relationships with each other.

Space exploration has and will continue to provide a large boost to the economy. “Missions such as the launch and operation of communications and remote sensing satellites, scientific satellites and, of course, military surveillance satellites, have been the stock-in-trade of the commercial sector for decades, and represent an industry worth S300-billion annually.” (Watson, 2013) Not only is there a lot of money in the business of sending

Aircraft industry has only small suppliers while the customers are all over the world. As above mentioned the industry requires large complex cooperate alliances in its hierarchy, only few countries having high tech industry basis are able to

The mysterious vastness beyond Earth has allured many scientists to explore and contribute much of their effort to the understanding of space. Although humans have been looking up at space for thousands of years, the physical exploration of this frontier has been only going on for the past few decades. Our current understanding of space is unparalleled to any time before in our history, but we still only know a small fraction of what there is to learn. Governments around the world spend about $40 billion dollars a year (Rockefeller, 2010) hoping to undertake tasks such as “human exploration of the solar system” to discovering the origins of life itself (Tatarewicz, 2009, p. 531). Recently, the private sector has also shown interest in space exploration in order to engage in profitable activities such as harnessing minerals from asteroids. Although it is easy to debate about the benefits and negatives of space exploration in its entirety, it is simpler focus on one aspect of it - the direct effect it has to those down on Earth. Rather than trying to decide whether or not going to other planets is worth it, this paper will argue about the value of the terrestrial benefits of space exploration. It is an important topic to think about as programs such as space exploration change lives and help acquire knowledge. Despite the large costs associated with space exploration, the multitude of discoveries in the past few decades has greatly improved daily life on Earth, the jobs the