Space-based economy is economic activity inouter space, includingasteroid mining,space manufacturing,space trade,space burial,space advertising and construction performed in space such as the building ofspace stations.
Space-based industrial efforts are presently in their infancy. Most such concepts would require a considerable long-term human presence in space and relatively low-cost access to space. The majority of proposals would also require technological or engineering developments in areas such asrobotics,solar energy, andlife support systems.
A major catalyst in the development of a space economy has come from the rise ofreusable launch vehicles andspacecraft in 2010s and the 2020s.[1][2]
Some analysts have argued for creating an International Bank, to support deep space exploration.[3][4]
The1967 Outer Space Treaty establishes that space, as the "province of all mankind," shall be freely explored and used by all nations, and that the use of themoon and all othercelestial bodies shall be for peaceful purposes.[5]
In 2015, the U.S. Congress passed a law explicitly allowing American companies to use resources from the moon and asteroids, theCommercial Space Launch Competitiveness Act of 2015.
In April 2020, theU.S. Executive Order 13914 clarified the position of the U.S. government on the use of space resources and how the United States will foster the commercial development of space resources.[6][7] “Americans should have the right to engage in commercial exploration, recovery, and use of resources in outer space,” the order states.[8]
| Biology |
|  | ||||
|---|---|---|---|---|---|---|
| Environment | ||||||
| Society | ||||||
| Technology |
| |||||
 | Thisspace- orspaceflight-related article is astub. You can help Wikipedia byexpanding it. |
