Are private companies with deep pockets dominating the global space race?

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

For government-funded space organisations, their priority still remains advancing science and human knowledge.

BERLIN: Space exploration – a field long dominated by government-funded space agencies – is now seeing an increasingly crowded field of private companies with deep pockets jousting for contracts in the global space race.Blue Origin, started by Amazon founder Jeff BezosWhile private space firms play an important role in finding cost savings, many scientists argue that they will not fully replace the need for publicly-funded space organisations like NASA or the European Space Agency .

“So in the same way that you would fund an opera house or a theatre, or other things that are 'cultural', what we do in the science programme at ESA is very much in that domain.” Government-funded organisations such as the ESA said their priority still remains advancing science and human knowledge. “The reason I would say we know so much about climate change, and the reason we can fight climate change is because of all the missions we send around. Space agencies are the champions of fighting climate change.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Out of gas in orbit? This US space company is here to helpThe company envisions sending several large tanks into orbit, each containing up to several tonnes of fuel. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

US official says Chinese cloud companies like Huawei and Alibaba Cloud could pose security threatA group of nine Republican senators urged the Biden administration to impose sanctions on Chinese cloud computing companies. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »