By R. Akiba, S. Nomura (auth.), M. Rycroft (eds.)

M. Rycroft, FacultyMember, InternationalSpaceUniversity "The house Transportation industry: Evolution or Revolution?" used to be the query which was once the focal point for the papers provided, and likewise the Panel Discussions, on the 5th annual Symposium organised by way of the overseas area collage. Held in Strasbourg, France, for 3 energetic days on the finish of may perhaps 2000, the Symposium introduced jointly representatives of the builders, companies and operators of house transportation structures, of regulatory our bodies, and of clients of the distance transportation infrastructure in lots of fields, in addition to specialists in coverage and marketplace research. From the papers released right here, it's transparent that brand new solution to the query has a tendency extra in the direction of evolution than to revolution. the distance release remains to be no longer an absolutely mature one, and remains to be reliant on at the very least partial investment by means of governments. greater cooperation is key among governments, release prone, satellite tv for pc developers and satellite tv for pc operators to be able to lessen the issues which the distance transportation industry faces today.

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The passenger space travel industry has the economic potential to grow through the 21st century as aviation did during the 20th century, creating new employment on a very large scale and helping to counteract current deflationary pressures. This possibility is much too important to be allowed to continue to stagnate as it has for the past 20 years due to government-funded space agencies' reluctance to innovate. 7. Legal Considerations The growth of commercial aviation has led to the development of a seamless global network of legal arrangements, including international treaties, involving manufacturers, operators, financiers, insurers, governments and the general public.

The Space Tra nsportation Market > Evolution or Revolution? 21 This uncomfortable situ ation ma y last for several years, that is for the time needed to demonstrate a good probability of launch success and a reasonable control of operational availability. It will be ve ry difficult to elaborate a business plan based on a long-term stra tegy on launch service procurement. Quantity bu ys cannot be considered . Instead, lack of visibility will force satellite operators to spread the risks and to maintain a quick reacti on to events.

It is worth noting that the reliability of a given launch vehicle will translate directly into a launch insurance rate that the underwriting community will be willing to quote for that launch vehicle. The next selection criteria will be of financial nature. e. 5 tonne satellite. EUTELSAT expects to have included in the price all services and facilities that are to be provided on the launch site (this is not always the case), and also a free re-Iaunch in case of launch failure, or alternatively a refund if no replacement satellite is available or foreseen.

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