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Subject
Space stations.
Significance
As Washington returns its sights to the moon, it is reforming its policies regarding the International Space Station (ISS) with a view to jump-starting a 'low-earth orbit economy' in which private firms offer services to corporate clients, foreign governments and wealthy individuals.
Impacts
China's space station, due for completion in 2022, could draw third-country projects away from commercial US space stations.
Governments are more promising clients for commercial crewed spaceflight than 'space tourists' are.
Commercial stations and passenger spacecraft could make human spaceflight accessible to allied states.
Spaceflight will remain politicised.
Keywords:
International,
INT,
Canada,
EU,
Japan,
Russia,
United States,
economy,
industry,
corporate,
government,
space,
technology
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2019
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