The Federal Aviation Administration (FAA) stated that the Obama administration is getting ready for a space tourism industry to takeoff in the next two years. The industry has been estimated to have the potential to be worth about a $1 billion in a decade’s time.
I was talking about how space exploration should be privatized and this seems to be what is going to happen, thankfully. Space Exploration Technologies otherwise known as SpaceX and Orbital Sciences Corporation are two privately owned companies that NASA has hired in a mission to transport cargo to the $100 billion research complex that is the International Space Station.
All this comes of the back of Richard Branson’s Virgin Galactic offering space rides for a very reasonable $200,000 per person. The company has already made a whopping $60M in deposits for enthusiasts who are looking for these types of rides.
The industry is relatively brand new and growing considerably. Before, it was restricted to some basic functions such as initiating a satellite. Now, there are lot of places that space flights can exploit.
Space travel is one of them and there are plans for commercial flights to go to a level of altitude – say at least 62 miles above the Earth’s surface – which will give travelers that pleasurable feeling of weightlessness for a couple of minutes or so. Furthermore, they will also get the magnificent view of our beautiful planet with the black sky of space in the background. This makes for an awesome sight and one that I would greatly like to see!