Market Driven Space Exploration

Physics

Scientific paper

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Spaceborne And Space Research Instruments, Apparatus, And Components, Economics, Econophysics, Financial Markets, Business And Management, Science And Government

Scientific paper

Market driven space exploration will have the opportunity to develop to new levels with the coming of space nuclear power and propulsion. NASA's recently established Prometheus program is expected to receive several billion dollars over the next five years for developing nuclear power and propulsion systems for future spacecraft. Not only is nuclear power and propulsion essential for long distance Jupiter type missions, but it also important for providing greater access to planets and bodies nearer to the Earth. NASA has been working with industrial partners since 1987 through its Research Partnerships Centers (RPCs) to utilize the attributes of space in Low Earth Orbit (LEO). Plans are now being made to utilize the RPCs and industrial partners in extending the duration and boundaries of human space flight to create new opportunities for exploration and discovery. Private investors are considering setting up shops in LEO for commercial purposes. The trend is for more industrial involvement in space. Nuclear power and propulsion will hasten the progress. The objective of this paper is to show the progression of space market driven research and its potential for supporting space exploration given nuclear power and propulsion capabilities.

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