Courtesy: ConnectedtoIndia
The Chandrayaan’s successful landing on the lunar south pole gives India some momentum to think ‘astro-strategically’ about space – independently and with its partners. Science and national prestige alone aren’t the only factors driving human space endeavors. Commercial gain, and intense military contestation are likely to be a feature in future decades.
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The maturing private space sector in the U.S. has learned to raise money from the market in the form of sectoral equity-traded funds. Such financing mechanisms will keep the U.S. ahead in the global space economy, which is slated to grow manifold from $430 billion now to $4 trillion by 2040. India's fledgling private space ecosystem, financiers, and stock exchanges can learn from the U.S. and do the same for India's newly reformed private space sector.