Earth's orbital economy of tomorrow could be worth trillions | Engadget

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Earth's orbital economy of tomorrow could be worth trillions

, Tim Crain, CTO of Intuitive Machines, Douglas Terrier, associate director of vision and technology of NASA's Johnson Space Center, and Matt Ondler, CTO and director of engineering at Axiom Space, sat down with Houston Spaceport director, Arturo Machuca. Houston has been a spacefaring hub since NASA’s founding and remains a hotbed for orbital and spacelift technology startups today.

Axiom is no stranger to working with both sides of the government contractor dynamic. It is scheduled to launch the first fully private crew mission to the ISS in April and plans to build, launch and affix a privately funded habitat module to the station by 2028. “This commercial space, very similar to the beginning of the internet,” Older explained.

The space-based economy is already valued at around $400 billion, Terrier added, with government investment accounting for around a quarter of the necessary upkeep funding and the rest coming from the private sector. He noted that NASA plays two primary roles as President Kennedy dictated in his 1962 “” speech at Rice University: the scientific exploration of space for one, but also “to create the conditions for commercial success for United States in space,” Terrier said.

“The only reason we can build a commercial space station is because of 25 years of flying the international space station and all the things that we've learned from NASA,” Ondler said. “NASA has learned about keeping humans alive [in space] for long periods of time. We're really leveraging so much history and so much of the government's investment to build our commercial station.”

“Our mindset has to shift from ‘well, let's go all in, I'm building this first lander’ to doing it the first time already looking at the second lander,” Crain continued. “What are the differences between the two, how do we regularize that production in a way so that our design, the core of that vehicle, is basically the same from flight to flight?”

 

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