Apr 11, 2016

NASA Expands Economic Research to Advance Space Development

Posted by in categories: economics, space

The global space economy is growing, generating more than $300 billion a year in space-related activities, and attracting new, diverse participants and investors. A recent study also found more private money invested in commercial space development in 2015 than in the previous 15 years combined.

NASA has selected six new research proposals to understand the effective drivers of investments in the space economy.

In its second call for economic studies related to investments in the space economy, the agency picked studies that cover topics ranging from in-space manufacturing in low-Earth orbit (LEO) to the economics of resources obtained from near-Earth objects (NEO), such as asteroids.

Read more

Comments are closed.