From Wikipedia, the free encyclopedia
Economic activity in space
Space-based economy
is economic activity in
outer space
, including
asteroid mining
,
space manufacturing
,
space trade
, construction performed in space such as the building of
space stations
,
space burial
, and
space advertising
.
Space-based industrial efforts are presently in their infancy. Most such concepts would require a considerable long-term human presence in space and relatively low-cost access to space. The majority of proposals would also require technological or engineering developments in areas such as
robotics
,
solar energy
, and
life support systems
.
A major catalyst in the development of a space economy has come from the rise of
reusable launch vehicles
and
spacecraft
in 2010s and the 2020s.
[1]
[2]
Some analysts have argued for creating an International Bank, to support deep space exploration.
[3]
[4]
The
1967 Outer Space Treaty
establishes that space, as the "province of all mankind," shall be freely explored and used by all nations, and that the use of the
moon
and all other
celestial bodies
shall be for peaceful purposes.
[5]
In 2015, the U.S. Congress passed a law explicitly allowing American companies to use resources from the moon and asteroids, the
Commercial Space Launch Competitiveness Act of 2015
.
In April 2020, the
U.S. Executive Order
13914 clarified the position of the U.S. government on the use of space resources and how the United States will foster the commercial development of space resources.
[6]
[7]
“Americans should have the right to engage in commercial exploration, recovery, and use of resources in outer space,” the order states.
[8]
See also
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]
References
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