The space industry is thought to be worth as much as $400B dollars. Sectors like defense, IT hardware, tourism and even mining are all areas that could cash in on a new wave of space exploration and a lunar economy.
“In exploration, we always need both cooperation and competition” says Bernhard Hufenbach, Lead of Commercialisation and Innovation Team at European Space Agency. “Without competition, we don't drive innovation.”
As it stands humanity is limited to one planet with a growing demand for finite resources. So mining the Moon could be the answer to this problem.
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