Independent market studies related to Low Earth Orbit (LEO) commercialization have identified three near term markets that have return-on-investment potential. These markets are: (1) Entertainment (2) Education (3) Advertising/sponsorship. Commercial activity is presently underway focusing on these areas. A private company is working with the Russians on a commercial module attached to the ISS that will involve entertainment and probably the other two activities as well. A separate corporation has been established to commercialize the Russian Mir Space Station with entertainment and promotional advertising as important revenue sources. A new startup company has signed an agreement with NASA for commercial media activity on the International Space Station (ISS). Profit making education programs are being developed by a private firm to allow students to play the role of an astronaut and work closely with space scientists and astronauts. It is expected that the success of these efforts on the ISS program will extend to exploration missions beyond LEO. The objective of this paper is to extrapolate some of the LEO commercialization experiences to see what might be expected in space exploration missions to Mars, the Moon and beyond.
Three near term commercial markets in space and their potential role in space exploration
Space Technology and Applications International Forum - 2001 ; 2001 ; Albuquerque, New Mexico
AIP Conference Proceedings ; 552 , 1 ; 196-201
2001-02-02
6 pages
Conference paper
Electronic Resource
English
Three Near Term Commercial Markets in Space and Their Potential Role in Space Exploration
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