commercialization of space

Commercialization of space

The space research organizations have traveled a longer distance since the launching of the Sputnik , self-reliance and national application of the space science . Technology became the main cornerstone of the space programs . The main thrust is on satellite communications for various national and international uses , remote sensing for resources survey and management , environmental monitoring and meteorological services , and development and operationalisation of indigenous satellites and launching vehicles for providing these services . Initially there was quest to know about the space and now it is the time for every

one to think on commercialization of space

There has been a significant increase in the range of applications pertaining to civilian space . At present , Telecommunications observation and positioning of the earth and navigation systems are the major applications of the space

Telecommunications include fixed telecommunication services like , data voice , internet , multimedia broadcasting like radio and TV services mobile services like data , voice , internet , digital radio . Now the evolution of the satellite communication has large global coverage with Telecommunications providing the most dynamic market for space applications

Earth Observation : It helps in measuring and monitoring the climate of the Earth and its environment , apart from mapping of its resources

Positioning and Navigation : Localization and navigation can be helped by the use of satellites to a great extent . Especially with the implementation of GPS many applications are increasing like air transport , maritime transport or even isolated individuals localization

GPS : The technology is burgeoning by the Global Positioning System (GPS as it gives unmatched precision apart from the flexibility in the positioning for navigation , as it is a satellite based system

Difficulties

The applications have proved to be difficult on commercial viability . So the financial communities and the industries are feeling difficult to progress in the space development . As a result , number of countries are reconsidering their overall space strategies

Project 's purpose

For the Development of Space Infrastructure and Commercialization of Space , the Futures Projects are being launched aiming at providing of assessment of the long term prospects of the sector and also the key factors associated for the shaping of its evolution examining the new promising applications may come on stream over that duration identification of the required conditions for the emergence of such applications which may include possible changes even in the existing space infrastructure and also the deployment of new space infrastructure drawing implications with regard to the supportive measures that could be placed to foster their development that may include new and innovative forms of public /private partnerships Identification of the measures could be taken by the government in to provide a policy , legal and regulatory framework which can be better suited for the new commercial applications development

The project may include both commercial as well as civilian applications for the development of the space infrastructure

Time frame and scopes will be taken into consideration

Consideration of both the upstream and downstream segments of the value chain will be undergone including the existing applications as well...