However, the space industry itself isn't all about NASA and SpaceX. And the Dragon is part of NASA's Commercial Crew Program (CCP) and the Commercial Resupply Services (CRS) programs that have outsourced the delivery of both crew and cargo to the ISS. This is through its Falcon 9 rocket, a launch vehicle that had been designed specifically to meet the requirements of the Dragon spacecraft. SpaceX is the only company in the world that is capable of vertically landing its rockets and reusing them. However, the station would prove critical in the rise of today's darling of the astronautics industry, Space Exploration Technologies Corporation (SpaceX). Finally, another crucial NASA spinoff technology is the space blanket, which is crucial in first aid applications to prevent hypothermia and shock and was initially developed as a shielding blanket for the space station.Īfter the Space Shuttle retired, the crew was launched to the ISS through Russia's Soyuz rockets, which led to little fanfare in America. Astronauts on the space station also have to perform spacewalks to repair, maintain, and upgrade the station and the technology used in their helmets has also been used to develop scratch resistant sunglasses and welder glasses. These life support systems also include research on indoor farming, as while astronauts do not grow all of their food in orbit, they are still researching indoor food technologies which have led to several startups using NASA technology to make similar products and systems on Earth. These have led to the development of complex water filtration layers, which are used to purify even the sweat that comes off the crew's body as they exercise in space. Since astronauts live and work on the station for months at a time, they need advanced life support systems to survive. At the same, there are a wide variety of technology spinoffs from both the station itself and from other NASA research. The space station does cost a massive $3.1 billion to maintain annually, and it's estimated that so far, NASA has spent $100 billion on the space laboratory. Space exploration is often heavily criticized due to the massive costs of developing both rockets and other equipment. However, in the background, the ISS has silently made major contributions to science and technology as well. This is due to the fact that the station was built by missions conducted by the Space Shuttle - the first true space plane that took off from Earth on a rocket but landed back on the ground by using its wings. The ISS has played a major role in reigniting public interest in space exploration, especially at the turn of this century, particularly in the U.S. and Russia, with later modules being provided by Japan and the European Space Agency (ESA). It was built through a collaboration between the U.S. The ISS is a space laboratory that orbits the Earth more than fifteen times a day at a speed of 27,600 kilometers per hour and an altitude of 412 kilometers. NASA's massive success, which took place through the Apollo program, ignited government interest in space exploration and research - the result of which was the International Space Station (ISS). This particular industry has been capturing public attention for years now, with the last space mania taking place in the late 1900s when the National Aeronautics and Space Administration (NASA) became the first space (and only) space agency in human history to land humans on the Moon. These days, one of the hottest industries is astronautics. For more space stocks, head on over to 5 Best Space Stocks To Invest In. In this piece, we will take a look at the 11 best space stocks to invest in according to hedge funds.
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