the industry is controlling your thoughts the great books of the 20th century. present a hoax those. which are greeted with. manufacturing ignorance george may 3rd. we have a 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 atmosphere is a long 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 costs a mere $43000000.00 the economic boom in space is our topic today here on made the business magazine on t.w. . now 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 forward thinking entrepreneurs are looking beyond earth because a lot of it out there here's chris carter on mining metals in space.

on the 15th of february just and 13 an asteroid entered earth's atmosphere over russia all. through. it created a fireball brighter than the sun hanging be and. it's shockwave injured more than 1000 people. from. just like these show white asteroids balls a great threat to life on earth but they're also the reason why some see them as a golden opportunity this quake 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 pretty down in the most conductive and durable and in my lab all of elements. are

hiding important for medicine. and for aerospace. to faff them and technology. but the painting them is an ugly process. mining destroys in dyer's ecosystems displaces communities. in crete stocks waste. 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 remains. our plant is not the only source of the special elements and. the key to spearing or if it does have a stake in mining may lie in the planet's ultimate threat but asteroids. this guy certainly is no longer living. his crysler weekend

he was the co-founder in chief ostrog minor off planet are you resources. the 1st company formed with the explicit goal of mining asteroids has he been an asteroid named after him so i'm very grateful. that wiki. some of the celestial bodies close to earth i'm kind of treasure troves. hold them flocking are very heavy and over time they sank into a private school. that's why they're so rain on your arse crossed. but again because the actors don't have much gravity that did that but i'm asteroids and in some cases there are 100 times as. much as a 15 for example i'm not sure the best close to our planet was this thing needed to have more plotting or been it's ever been mined the earth. takes 16 cycle.

which wald said to be worth 700 continuous soft on the force until now these were just your article 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 he says started them you can't rush. doesn't 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 mine asteroids and in 2017 nasa announced he would pay a visit to psyche. it was. she's leaving the i can stand and she's the one who leading a commission. thank you wash in the rubble. but although the program is not about asteroid mining it could lay the groundwork for a more sustainable future.

crazy as it sounds mining asteroids might not only be feasible but also much more sustainable that mining earth is. one which is interesting. and yes sign is a researcher who has actually crunched the numbers. actually turns out the answers seems to be yes he estimates that they walk if you are necessary to go and bring back one kilogram of plotting normally would release 150 kilograms of c o 2 into the earth's atmosphere thruster mining generates 40000 kilograms of c which you saw stored mining could be hundreds thousands less polluting essentially the main reason is there's almost no other substance you can mine which generates that much hard greenhouse gas and outsourcing mining to space could decrease

pollution on earth but there is an economic problem. long term that's a. gigantic win in terms of economics it's not profitable the problem if you mine like 5 times of the platinum you have on earth right now means that the market prices were in the crash you can sell of the much more price which means you 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 both large 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 gears they created an 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 2000 you know you know how to get a degree. but we could make it there. and i think in some ways.

new inventions can make space money and economical just a few decades ago the very technology you're using to watch this 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. bit like using candles to the top. 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. who

owns our space. you might think it's easy hop on a rocket land 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 euro's 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 in the year 2000 there 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 widen. the new era

is dawning as commercial enterprises drive advances in space technology with ambitious projects. elan musk of tesla wants to outdo nasa with his space x. company. and fly people to know not to move 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 over ready depends on satellite navigation. and 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 satellites send 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 it i had. to call from. 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. astronauts say they have a very different relationship to earth once they've been to the eye assess the view from a satellite is a bit similar we can see how africa is doing or south america the view from far away enables us to see connections more clearly by the vix on. the copernicus satellites are big and heavy they weigh tons it takes years to build them and each is unique. in many components 1st have to be specially developed that makes these satellites expensive hundreds of millions of year as 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. students throughout europe are learning to build the little devices one class of small satellite nano satellites a team of berlin's technical university devised a 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. the start up smart small satellite systems does what it's name suggests it's 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 in lytton satellites may be getting smaller but that doesn't mean their overall performances are declining one can deploy a lot of small ones for the price of a big one. if a 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. and also to switch out components depending on the intended use. space x. is planning to send 12000 small satellites into orbit as part of its starting 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 it 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. rocket factory obs bug once a piece of the expanding space pie. it's developing a launcher for small satellites a pretty 2 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 cost launches a big launcher is like a bus you have to weigh took 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. 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. we'll be financially viable with one launch a month but we want to see a launch a week the whole thing should be so industrialised and automated that it's no longer anything special flying between braman in munich is not a big deal but it was a century ago we want to see the same thing with rockets keep an off site. 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 and then there was some sort of system like

teleportation that works in star trek but could it work in reality my colleague has been investigating. a long time ago when space ships were made of paper plastic. and its nose pounded aluminum during the dimity realisation process people and things were magically beamed about in star trek films. how nice would it be if we could been ourselves around the globe teleportation instead of airplanes and c o 2 emissions think about how beneficial it would be for the climate along in today's physics in fact teleportation is no longer science fiction. looking i'm always surprised about all the weird things that happen. my well your heart is

a quantum physicist at the austrian academy of sciences has excursions into space travel and 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. that's

the most because what happens with quantum teleportation is that really just the quantum information in this system is transferred to another place onto another identical system. with the matter itself atoms or photons or whatever it's made of does not get transferred so it doesn't disappear. but what does disappears 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 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 set ups than what we're creating now. 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 aluminum grey 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 and the static serious maybe it will work with. i mean me aboard.

the boat. 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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