Before the space tourism industry can really take off, infrastructure to support its growth must be established, and that doesn't simply refer to physical facilities. Legal and financial structures also have to be built up. For example, there is currently no industry-wide health standards for determining who can fly into space. That will evolve over time, but it's also important to have something in place in the early days.
Insurance across a range of actions, from launch to space operations to return to Earth, is also important. No industry and no company can successfully function without insurance against whatever disasters might befall it. Safety standards, either industry generated or government imposed, will also be important. There is a lot of quiet work to do before private rockets can regularly roar to life.
Saturday, December 22, 2012
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