Thursday, May 24, 2012

Space Race Becomes New Money-making Market after Success of SpaceX

SpaceX Falcon 9 blasted off to International Space Station (ISS) on Tuesday; but it has left behind a commercial space race among the top tech companies in United States. 

Space Race Becomes New Money-making Market after Success of SpaceX
The reusable space cargo capsule ‘Dragon’ was lifted off atop Falcon 9 rocket is expected to reach near the space station for tests early Thursday and ultimately will dock on Friday with its load of supplies. Space Exploration Technologies Corp. (popularly known as SpaceX), run by Elon Musk (co-founder of PayPal and Tesla Motors) was hired by NASA to deliver cargo in the first hand, then eventually astronauts to the orbital outpost.

NASA didn’t content with SpaceX rather the space agency is hiring others, too.
With an aim to make money in commercial space race as much as eight U.S. companies have started their bid even more aggressively after SapceX’s successful launch of its rockets early this week. Most of the companies, planning to jump in the new market, think that they can make even more money than major U.S. airlines in operations.

Private space exploration companies have planned for years about carrying supplies and human for NASA, but this is the first time one is actually in orbit and about to make a delivery for the space agency.

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