Tag: Space Exploration

Space Junk Servicer ELSA-M to be Launched by 2024 with a €14.8 Million Investment

Space junk is a problem that has to be tackled at the world level. An assignment was undertaken by astroscale and various governmental organisations.

Space Tourism: On Adventurous Joyride of $805 billion industry

Last week Jeff Bezos announced that he and his brother Mark alongwith a winner of online auction will travel on first crewed flight of Blue Origin’s New Shephard scheduled on July 20. With “Tourism” industry flourishing high up there in space, few firms like Axiom Space are orchestrating “space hotels” and luxury living up there. According to Union Bank of Switzerland (UBS), by 2030 space tourism will be a $3 billion dollar market and space industry will be growing with $805 billion market. Whether space tourism with such a niche market of accommodating only the uber-rich can ever be profitable? Whether civilians will actually understand and overcome the life-threatening challenges of space travel? Get down to thehavok.com with Om Desai on this soothing space tour…
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