OUR PRIVATE SPACE

ENCOURAGE PRIVATE PARTICIPATION

The raging debate as to who owns the infinity of heavens has met with renewed vehemence and acrimony as wellas enhanced human pursuit of adventure and enterprise. Only this time, the players have been more successful than the traditional government run bureaucratic scientific enterprise. Ever since Dennis Tito’s self financed visit to International Space Station in 2001 fructified, increased private participation for gaining access to it has met with higher support. This venture got the maximum boost when the world’s first privately developed space vehicle, ‘Spaceship One’, on its way to win the Ansari X prize, broke the highest altitude award of 41 years (it reached 112 kms, placing the pilot in the Lower Earth Orbit) in 2004.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006