Space Industry; Future Giant Leap Investment

International Journal of Industrial Engineering

© 2020 by SSRG - IJIE Journal

Volume 7 Issue 2

Year of Publication : 2020

Authors : Khaled Elbehiery, Hussam Elbehiery

10.14445/23499362/IJIE-V7I2P105

How to Cite?

Khaled Elbehiery, Hussam Elbehiery, "Space Industry; Future Giant Leap Investment," SSRG International Journal of Industrial Engineering, vol. 7,  no. 2, pp. 23-32, 2020. Crossref, https://doi.org/10.14445/23499362/IJIE-V7I2P105

Abstract:

We are living in a very interesting time, while Neil Armstrong took a first step on the Moon 1969, mankind is about to take another first step all over again, this time with renewed interest, better technology, and a better vision for the new space industry, new manufacturing possibilities in microgravity, the possibility of colonizing the Moon and Mars, and taking a vacation in Space. The industrialization of Space is the great economic boom of the 21st century, billionaires such as Elon Musk, Richard Branson, Jeff Bezos, and many other industrialists are making big investments to go up there Space, those billionaires know where to invest not just for a show. Also, worth mentioning that former United States President Ronald Regan 1980s once said that the Space we are opening is the way to private enterprise. The primary objective of this research paper is to discuss the future business’s opportunities in the Space; space junk industry, asteroid mining, space travel, space tourism or even taking it further to the Moon or Mars, and guide the
millennium businesses where to invest their money for this decade and more decades to come.

Keywords:

Space Junk, Asteroid Mining, Space Travel, Moon Colonization, Mars Colonization, Global Space Internet, Space Tourism, Space Force.

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