the uncle in the 1st. week industry is controlling your thoughts the great books of the 20th century. present a hoax whose. ridicule of the great. curing ignorance starts may 3rd. we have thought of investing in a space ship you might need one sunday because the future of business may well lie in the vast expanses of the universe someone who might be able to get you safely

out of the atmosphere is a lot musk the tesla bosses company space x. has already successfully delivered astronauts to the international space station and getting there isn't even that expensive at least not compared with the early days of manned space flight nasa is apollo missions of the $960.00 s. cost nearly $330000000.00 euros a shot of space x. round trip cost a mere $43000000.00 the economic boom in space is our topic today here on made the business magazine on t.w. . long before space was recognized as a higher dimension for investors people saw the universe as a mysterious and often menacing realm it was the origin of asteroids that frequently blaze across the sky and sometimes even 4 to earth causing huge destruction now we know that these celesio chunks of rock are incredibly rich in valuable resources that are difficult to mine here on our planet and forward

thinking entrepreneurs are looking beyond earth because a lot of it out there here's chris color on mining metals in space. when the fish gives off a bridge it doesn't 13 an asteroid entered earth's atmosphere over russia all. through. it created a fireball brighter than the sun hankie and. it's shockwave injured more than 1000 people. for. good just like these show white asteroid suppose a great threat to life on earth but they're also the reason why some see them as a golden opportunity this clip was watched millions of times on personal computers and smartphones. such small and powerful devices something metals like gold silver

and platinum all. these resources are not just britain they're among the most conductive and durable and in my level of elements. are hiding important for magazine. and aerospace. and fatha and technology. painting them is an ugly process. mining destroys in buyers a customer's misplaces communities. in stocks waist. down and there's a tragic irony. is used to make solar panels hydrogen in winter bins. the more the wall goes green the more toxic mining meets. our planet is not the only source of the special elements. the key to spearing earth does have a stake in mining may lie in the planet's ultimate threat that. asteroids.

this guy certainly is no longer living. his crystal reeky he was the co-founder in chief asteroid miner off but any 3 resources. the 1st company forming with the explicit goal of mining asteroids is he even of an asteroid named after him so i'm very grateful to have. some of the celestial bodies close to work i encourage people treasure troves. oldham flocking all are very heavy and over time big sankey got pilot school. that's why they're so rare on the arts cross. but again because the actors don't have much gravity that didn't happen i'm asteroids and in some cases there are 100 times as. much as a 15 for example

a master of the best close to our planet was just needed to have more profit than it's ever been mined the earth. takes 16 site. which world said to be worth $700.00 deal yourself dollars until now these were just theoretical because space travel was just too expensive but that's changing. a seat on a space x. walk at least 3 times cheaper than it was a spaceship started then you have to rush. in chosen and to have larry page the co-founder of google put his wealth behind planetary resources that you're after and you company joined the race to my nostrils introduction a 17 nasa announced he would pay a visit do. you want. she's in the i can stand she's the one leading side to mission. thank you washington i'm wrong.

but although the program is not about the asteroid mining it could lead to a ground war for a more sustainable future. crazy as he sounds mining asteroids might not only be feasible but also much more sustainable that mining earth. one which interestingly has been. and just sign is a researcher who has actually crunched the numbers. actually it turns out the answers seems to be yes he estimates that there were fewer necessary to go and bring back one kilogram of plotting a woman would release 150 kilograms of c o 2 into the earth's atmosphere terrestrial mining generates 40000 kilograms of c which you saw stored mining could be hundreds thousands less polluting essentially

the main reason there's almost no other substance you can mine which generates that much greenhouse gas and outsourcing mining to space could decrease pollution on earth but there is an economic problem. long term that's a. gigantic in terms of economic problem a problem if you mine like 5 times of the covenant you have on earth right now means that the market prices were in the crash you can sell of the much more progress which means that you are diminishing your profit margin so your operating your infrastructure their loss and that makes a really unattractive for investors carbon taxes in new technologies could change this equation but it would still take several years for space mining to become profitable. investors decided to not wait that long the world doesn't quite support a business model that takes more than a $100000000.00 and more than 10 years to to make

a return on that investment and maybe a trip. if you just company field to tweeze enough funds forcing you to abandon its call of mining asteroids. we. just like in california flash space miners do not realize their dream of out of the small 12. planetary resources didn't succeed in their ultimate goal to mine asteroids but i think it succeeded in a lot of ways the steps to get there there wasn't much gold in california after all yesterday said they are succeeding something else. in the rush to get to different period they created the infrastructure that accelerated the development of the west. today space miners are doing something similar. we are as a world a lot closer to using resources from space than we were when the company was founded in 2009 you know you know how to get

a degree in space mining. but we could make it there. and i think in some ways the. new inventions can make space mining economical just a few decades ago to ferry technology you're using to watch these video seemed impossible. now we can use satellites to beam the internet everywhere on the planet . 101520 years a lot can happen one day money goes from a seem. a bit like using candles to the top you know. most such galactic business prospects will inevitably result in competition between companies and between countries who do the many treasures floating around in the

universe belong to my colleague and noise house has been looking into that question and he's discovered that the matter has been regulated so it's off. owns outer space. you might think it's easy hop on a rocket landed on some celestial body plant a flag and it's yours or rather the country you work for. you think again when neil armstrong planted a u.s. flag on the moon in 1969 that didn't make it american appropriating land in space is actually banned under international law under the outer space treaty of 1967 more than 130 countries have signed the document it says all countries are free to explore space but not to appropriated for themselves outer space basically belongs to us all the treaty bans weapons of mass destruction from space and says its use

shall be the province of all mankind that seems to rule out commercial ventures up there but the treaty is not comprehensive and has been overtaken by developments it was born of the cold war between the us and the soviet union. nowadays china india and the european union are all drooling over the economic opportunity space might represent for now there are no traffic regulations there is no obligation to clear up space junk there's no international space authority with flight control functions for rockets and satellite launches each country goes its own way the odd entrepreneur just ignores the outer space treaty dennis hope of the united states says he found a loophole and ownership of the moon he sells plots of land up there 50000 square meters go for just $39.00 euros 90 you could get a nice certificate staking

a claim is another matter on the internet you can also buy a house on mars for 890000000 euros but you can't move in until 2060. real estate natural resources tourism business opportunities might soon abound. but what if some aliens turn up and say the entire cosmos is there. well if there is life out there you have got to wonder if we should bother getting in touch the space around our planet is already pretty crowded enough without physics is from another galaxy not only is there the junk left over by human space missions past but it's also becoming overrun with satellites over the last few decades that number has skyrocketed if you'll excuse the pun and 958 there were 2 satellites in orbit and the year 2000 they were almost 800 but last year we crossed the 2 and a half 1000 mark the number has been growing exponentially and it looks set to keep

going. 3 to one. the new era is dawning as commercial enterprises drive advances in space technology with ambitious projects. even musk of tesla wants to outdo nasa with his space x. company. and fly people to know not the mood but mars. space technology and space flight are essential to modern life as electricity from the grid we couldn't do without them. and their key to new and future technologies . spoke. in the european union 10 percent of economic

activity already depends on satellite navigation. the e.u. launched its copernicus program in 2014 its satellites observe the earth from orbit it's a publicly funded venture. the data the satellite sent home would enable the development of new applications for example software to enhance the fuel efficiency of ships. new jobs will be created. satellite data can be used to make marketable products. remote sensing solutions is a company based in munich that specializes in environmental monitoring it's not exactly a high margin industry copernicus has boosted revenues here as its data are freely available to all. the company uses them to create valuable information regarding the data are free or cheap the entire process of generating information is cheaper

and people are more willing to buy a bit. so colorful. clients include nature conservation groups such as w w f and a number of governments. one focus of the company's work is monitoring the impact of land use and climate change on vegetation. satellites can capture images of large swathes of land. vegetation in the sun hell can be tracked from season to season the. astronauts say they have a very different relationship to earth once they've been to the i assess that the view from a satellite is a bit similar we can see how africa or south america the view from far away enables us to see connections more clearly by their picture on. the copernicus satellites are big and heavy they weigh tons it takes years to build them and each is unique.

many components 1st have to be specially developed that makes the satellites expensive hundreds of millions of euros each. unlike many satellites they can be as small as a wine bottle. the advent of small satellites marks a new era. there are a lot cheaper but still provide important services. planet labs is an earth imaging company in san francisco that already uses many satellites to photograph the globe. steel beams throughout europe are learning to build the little devices one class of small satellite nano satellites a team at berlin's technical university devised the project to deploy 4 of them to enable faster transfer of large amounts of data. they were launched 2 years ago.

small satellites have the potential to revolutionize earth monitoring as well as global telecommunications. to start up smart small satellite systems does what its name suggests it's a cube sats can exchange precise information about their orientation so as to point in the desired direction they cost tens of thousands of euro's a piece. in your to do so it is the miniaturization of electronic components that enable such development to lytton satellites may be getting smaller but that doesn't mean their overall performances are declining either one can deploy a lot of small ones for the price of a big one. but the company has launched 4 of its cube sat so far they're flying in

formation to test 3 d. typologies for scientific measurements to do that they have to communicate with each other negotiate and organize their positioning autonomously. this test is a significant step towards creating intelligent 3 d. satellite configurations. one application could be mapping the ash emitted in a volcanic eruption that would be of great value to commercial aviation. small satellites often put together using standard components. so it's easy to make a lot of them. but also to switch out components depending on the intended use. of space x. is planning to send 12000 small satellites into orbit as part of its startling project to provide internet to remote locations around the world. big projects like that spur the automation of satellite manufacturing it's comparable to what's

happened in the auto industry in this regard us companies are far ahead of ones in europe. we in europe shouldn't just give up but aim to be players in these markets of it's where the future lies the economic and commercial potential is going to be huge. because put into the i got at sort. analysts say the space industry is set for stellar growth. revenues in 2018 amounted to $360000000000.00. some forecasts say they could reach $2.00 trillion dollars in 2040. ringback rocket factory obs book once a piece of the expanding space pie. it's developing a launcher for small satellites a party to rocket specifically designed for that purpose. until now small satellites have to hitch

a ride if there is room when big launches such as the area and set off into space. it's not very expensive but the waiting list can be long. but in course launches a big launcher is like a bus you have to wait to everyone's on. board a small launcher is like a taxi it to where you want to go more cheaply and efficiently that's great for creating a small satellite constellation. about 100 companies are developing many launches many will probably fall by the wayside 3 are based in germany. rocket factory aims to offer affordable and flexible satellite launches 10000000 euros a shot compared to 130000000 foreign arianne. to keep costs down its launchers will contain many standard components from the auto industry. but it's designing the propulsion systems from scratch and will 3 d.

print a lot of the parts. yet. big launches such as arianna a very complex and post lots of expensive custom components they take ages to build by contrast our f.a.a. aims to develop and deploy its 1st launcher within just 3 years. will be financially viable with one launch a month but we want to see a launch a week that the whole thing should be so industrialised and automated that it's no longer anything special flying on tween braman in munich is not a big deal but it was a century ago we want to see the same thing with rockets and also. small satellite launch vehicles are set to make getting into orbit more affordable potentially opening up the heavens to a whole range of new ventures. the vastness of space presents another problem for

any potential business activity there the logistics of covering huge distances in a practical amount of time if only there was some sort of system like teleportation that works in star trek but could it work in reality my colleague albrecht has been investigating. a long time ago when space ships were made of paper plastic. and it snowed powdered alum in him during the dean materialization process people and things were magically been out in star trek films. how nice would it be if we could be in ourselves around the globe teleportation instead of airplanes and c o 2 emissions think about how beneficial it would be for the climate along into basic in fact teleportation is no longer science fiction. i'm always

surprised about all the weird things that happen for the. money where your heart is a quantum physicist at the austrian academy of sciences his excursions into space travel are just a hobby work he explores the weird and wonderful world of teleportation of quantum teleportation to be precise as a having watched our trek for instance people imagine that you somehow beam matter or even energy because that's how it's done on the show that people disappear in the transporter and then reappear on an alien planet when. the similarity is that the system rebuilds the object identically in another place. or what's more at the exact same time or instantaneously regardless of the distance involved that's how the quantum world works via quantum entanglement einstein thought it was pretty spooky transferring information faster than the speed of light so does this mean

travelling not only with 0 emissions but also with 0 delay. what happens with quantum teleportation is that really just that you want him information in this system is transferred to another place onto another identical system. about what the matter itself atoms or photons or whatever it's made of does not get transferred so it doesn't disappear. but what does disappear is the information it gets destroyed. so if 2 quanta are connected this way they can exchange information without a moment's delay but not the matter it really is just the information. ok then couldn't i just split myself into quanta and send their information to

another entangled quantum cloud i mean then it would just need to be reassembled correctly right. let's just say that right now we don't know of anything that would fundamentally speak against it but it would have to work in a completely different way but. we'll need completely different setups than what we're creating now with other than if i could build a device that could do this and you'd ask me whether i would put myself inside it i'd say no. so mr spock would probably have to get beamed in a glittery shower of alum in human gray like in the old days. and don't forget the enterprise at least sped through the universe powered by an anti matter and hydrogen engine with not even a whiff of emissions. by the way

a piece of trivia for you the words you me up scotty whenever said precisely in better form in the star trek sirius maybe it will work with the me apart. and that's all from this edition of made see you next time until then good bye and keep watching the skies.

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this is deja vu news live from turkey and the european union seeks to renew relations after years of tension turkey's president heir to one host of top e.u. officials for face to face talks and uncorrupt on the agenda finding common ground on migration trade and human rights also coming up president joe biden says all adults in the u.s. will be eligible for a current.