Last Wednesday, NASA announced that SpaceX would play a critical role in a major, future undertaking. This mission will usher in a new era of space exploration and change how we interact with the cosmos. Here is everything we know so far about this interstellar collaboration…
SpaceX to Bring an End to An Era…
In September 2023, a NASA news release sought help from U.S. companies to deorbit the International Space Station.
And on June 26th of this year, Elon Musk’s SpaceX was named the one for the job…
As a result, SpaceX’s task will be to develop a craft that can…
DRAG THE 1 MILLION POUND, FOOTBALL-FIELD-SIZED SPACE LABORATORY OUT OF ORBIT WHILE GOING 17,000 MILES AN HOUR.
A CNN article reported that NASA will pay the space technology company up to $843 million. However, they did not comment on whether other countries supporting the space station will shoulder any of its cost.
The other countries that operate within the International Space Station are:
- Russia’s Roscosmos
- The Japan Aerospace Exploration Agency
- The European Space Agency
- And, the Canadian Space Agency
But, why are they decommissioning this massive project after only 13 years of operation? Well, it appears that NASA is ready to move on…
NASA Leaving “Low-Earth” for Bigger and Better Exploration
The federal agency says it hopes SpaceX will have its deorbit vehicle ready as early as December 2028 and at the latest 2029.
The reason for this is NASA wants to further its deep solar system exploration initiatives. Additionally, the International Space Station is in orbit in what is considered “low-Earth,” the atmosphere closest to our planet.
In turn, NASA wants to turn over low-Earth to the private sector. Think in terms of space tourism and privately funded research projects that SpaceX is already known for.
As such, this opens up exciting opportunities for space enthusiasts and entrepreneurs alike…
Keep Your Eyes on the Skies and Be Great,
GCTV Staff
Disclaimer: This content is intended to be used for educational and informational purposes only. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment or business decision. Investment, real estate, and business involve great risk and there is no guarantee of performance or results.We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.