World: Shooting for the Moon

 

The private-government relationship is propelling space exploration

 

#tibminibrief -- In the last 20 years, private companies like SpaceX and Blue Origin have risen to become successful aerospace organizations. As a result of their success and partnership with NASA, they have changed the entire dynamic of space exploration. Companies like SpaceX have received contracts from NASA to develop spacecraft that meets certain criteria, and have launched satellites that provide internet services and other telecommunications. These companies plan to send tourists to the International Space Station and if proven successful this will be the next big step in space monetization. The distinction between NASA and private companies is that the latter must seek profitability to continue to operate. But, this also provides flexibility because private companies are not set to government contracting rules and budget oversight. For example, SpaceX plans its first cargo mission to Mars in 2022. NASA plans similar missions in the 2030s. Nevertheless, the private-government partnership is launching space exploration to new planets.

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