17 Jul Commercial Space Travel? on page 16. On October 4, 2004, at nearly 400,000 feet (70 miles)above the Mojave De
“Commercial Space Travel” on page 16.
On October 4, 2004, at nearly 400,000 feet (70 miles)above the Mojave Desert, history and $10 million dollars were made. SpaceShipOne had completed its third required flight to claim the $10 million X Prize. The Ansari X Prize was created to jump-start interest in commercial space travel and was similar to the hundreds of aviation incentive prizes created in the early 20thcentury to help develop today’s $300 billion commercial aviation industry. The X prize achieved its goal with 26teams from seven countries spending over $100 million to make commercial space travel a future reality. Onceinconceivable for non-governmental agencies, there are now several for-profit companies looking to enter the space-travel market. Sir Richard Branson created a new company, Virgin Galactic, and has ordered five spaceships from the creators of SpaceShipOne.Branson’s ships will be larger, holding five passengers and one pilot. Virgin Galactic has already had 5,000people make serious inquiries about tickets, which are currently running at $190,000 apiece. Another company, Space Adventures, is selling space-travel tickets for less than $100,000 and has advanced deposits of $10,000 from 100 customers. Not only didSpaceShipOne make history in being the first non-governmental group to launch people into space, but it may also have made history by launching a new industry. Only time will tell!
Questions 1. Clearly, there are potentially great risks associated with being blasted into space and then gliding back to earth. Many systems must work almost flawlessly for day-in and day-out space travel. This is rocket science after all. From your perspective, would you be an early adopter and want to be one of the first to fly into space? Or would you wait until the industry was more mature? What factors would you include when thinking about commercial space travel?
Questions 2. The economics of space travel raises some interesting questions. These space-travel entrepreneurs believe that they can control costs better than governmental organizations. By being smaller and leaner, they can react quickly to changes in the marketplace. PeterDiamandis, the organizer of the X Prize, summed up this sentiment by stating that these entrepreneurs were the“furry mammal(s)among the dinosaurs of the aerospace industry.”Do you agree with this thinking, or do you believe that for-profit companies might cut corners to keep costs down and thereby be riskier?
1. Your Case Study should be 2 – 3 pages in length and written in APA style format.
2. Separate title and reference page (minimum of 2 references)
3. Double spaced with 12-point Times Roman font.
HOW OUR WEBSITE WORKS
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of
HIGH QUALITY & PLAGIARISM FREE.
To make an Order you only need to click ORDER NOW and we will direct you to our Order Page at WriteDen. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Deadline range from 6 hours to 30 days.
Once done with writing your paper we will upload it to your account on our website and also forward a copy to your email.
Upon receiving your paper, review it and if any changes are needed contact us immediately. We offer unlimited revisions at no extra cost.
Is it Safe to use our services?
We never resell papers on this site. Meaning after your purchase you will get an original copy of your assignment and you have all the rights to use the paper.
Our price ranges from $8-$14 per page. If you are short of Budget, contact our Live Support for a Discount Code. All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.
Please note we do not have prewritten answers. We need some time to prepare a perfect essay for you.