Space Exploration is Taking Off

Space Exploration is Taking Off

Up until recent years, the momentum associated with space exploration had more or less fizzled. While it would seem that rapid innovation is occurring in every other technology field worldwide, the hardware and business models used in space exploration have remained static aside from small, incremental improvements.

It is mind boggling that the last time humans walked on the moon was over 40 years ago.

However, since the 2010 there have been signs of great ambition in space exploration. We catalogued many of these interesting developments from the private sector just months ago, covering the endeavours of future asteroid miners, Elon Musk, Richard Branson, and many other big names.

This year is set to be one of the more exciting years on record for those interested in the last human frontier. Between SpaceX resupply missions to the ISS and Virgin Galactic test launches, there are also many other interesting events to stay tuned to in 2015.

The first high-res pictures of Pluto will be beamed back to us on July 14th and sometime later this year, NASA plans to finalize its mission to capture an asteroid. XCOR’s Mark I prototype for its commercial, sub-orbital Lynx plane will also be tested.

If all of those happenings are not exciting enough, don’t forget to check out whatever the latest controversy is with Mars One. There may be more to come.

Regardless, it is an exciting time for investors and enthusiasts to think about space exploration. Mankind is aiming to land on asteroids by 2025, visit Mars by 2030, and even fund deep space exploration in the near future.

In the coming decades, asteroids will be harvested for minerals and tourists will fly in space on regularly scheduled spaceflights. That said, finding ways for investors to profit off this last frontier will be the real undertaking.

Original graphic from: Kapitall

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