Space Fact #31: 85% of NASA’s Budget Goes to Private Industry
/The Apollo mission directed 85% of its budget—more than $100 million—to private companies. That percentage holds true to this day.
Read MoreThe Apollo mission directed 85% of its budget—more than $100 million—to private companies. That percentage holds true to this day.
Read MoreSixteen private companies compete in space, along with three commercial wings of national space agencies.
Read MoreTo regain our competitive leadership, we need to build our economy on something new, using a quality and degree of expertise no other nation has obtained. What could that new economic engine be? And are we capable of creating it?
We have a brilliant precedent: the flying machine.
Read MoreSpace offers an unparalleled vantage point for viewing Earth. Only by backing away from our planet can we truly see our tenuous life and how closely related we are. Only from space can we obtain the global data we need to unravel the mysteries of our home planet.
Read MoreIt costs $50 million to $500 million to put a satellite into low Earth orbit.
Read MoreI was talking to a friend about America’s civil space program recently, telling all about its benefits to the economy, STEM, and America’s standing in the world. Just as I was winding up, he interrupted me.
“What if you were king of America? For a whole decade. What exactly would you do with space?”
Read MoreElon Musk put up $100 million of his own money for SpaceX and received $3 billion in contracts from NASA
Read MoreSeeing the overall mission as one of conquering and then escaping the Gravity Well lets us focus also on the need to settle as well as explore. It is this connection that makes this investment so practically valuable for everyday citizens.
Read MoreIt really wasn’t that long ago when the two greatest superpowers were vying to put satellites into space. Now, 50 nations have their own satellites in low Earth orbit. If you’re a Thailand, say, you can call Space Systems/Loral, a Canadian-owned company based in Palo Alto, California, and tell them you want to put a satellite into geostationary orbit for television broadcasting or military communications. You can have the thing in orbit 25,000 miles above Earth within two years.