Indian expatriate could become the first Indian space tourist | Current Affairs | Vision IAS
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    Indian expatriate could become the first Indian space tourist

    Posted 13 Apr 2024

    2 min read

    • Blue Origin's (American Space startup) NS-25 mission will take six passengers to space tourism this month.
      • Space tourism refers to traveling into space for recreational purposes. 
         
    • Types of Space tourism
      • Suborbital space flights (altitude of 100 km referred as Karman Line)
      • Orbital Space Flights (altitudes over 400 kilometers) and 
      • Lunar space tourism (full trips to moon).

     

    • According to estimates, global space tourism market size is expected to grow at compound annual growth rate (CAGR) of 44.8% from 2024 to 2030. 
       
    • Factors Responsible for Growth: 
      • Advancements in Technology: Reusable rockets, improved spacecraft.
      • Public Interest and Awareness: Media coverage, documentaries.
      • Diverse Offerings: space hotels, leisure time in space.
      • Reduced Costs, economies of scale.
      • Innovative Business Models: Partnerships, crowdfunding.
      • Government Support: Incentives, regulatory frameworks.
         
    • Concerns: Space debris pollutes Earth's atmosphere, ethical consideration- affordable by rich only, regulatory issues such as who’s liable in case of accident, health issues due to microgravity effects, radiation exposure etc.  
    • Existing Legal FrameworkOuter Space Treaty (1967), Convention on International Liability for Damage Caused by Space Objects etc. 
    • Way Forward: Promoting inclusive and green space tourism, developing comprehensive regulatory framework etc.
    • Tags :
    • Space Tourism
    • Karman Line
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