Contact Your Financial Adviser Money Making MC
28 Aug 2018
 |
| Manned space mission (The Total Investment & Insurance Solutions) |
India said on Tuesday it expected to spend less than 100 billion rupees
($1.43 billion) on its first manned space mission to be launched by 2022,
suggesting it is likely to be cheaper than similar projects by the United
States and China. The Total Investment
& Insurance Solutions
India is
cultivating a reputation as a low-cost space power, after the 2014 launch of an
unmanned Mars mission at a cost of $74 million, or less than the budget of the
Hollywood space blockbuster “Gravity” and a fraction of the $671 million the
U.S. space agency NASA spent on its MAVEN Mars mission. The Total Investment & Insurance Solutions
The Indian manned mission, announced this
month by Prime Minister Narendra Modi and to be led by the Indian Space
Research Organisation (ISRO), will aim to send a three-member crew to space for
five to seven days in a craft that will be placed in a low earth orbit of
300-400 km, the Department of Space said in a statement.
“ISRO has developed some critical
technologies like re-entry mission capability, crew escape system, crew module
configuration, thermal protection system, deceleration and floatation system,
sub-systems of life support system etc required for this programme,” the
statement said. The Total Investment
& Insurance Solutions
ISRO Chairman K. Sivan said the agency had
“perfected the engineering aspects of the mission”, although it was new to the
field of bioscience - dealing with living beings.
Private agencies will also participate in the mission, and ISRO might
consider collaborations with space agencies from “friendly countries with
advanced space programmes”, the statement added.
India’s neighbour and old rival China first
sent humans to space in 2003, becoming only the third country to have such
capability after Russia and the United States.
China's Shenzhou program is secretively run
through military and government agencies and its budget is not public. In 2003,
officials said it had cost 18 billion yuan here($2.62
billion).
India’s space programme has a total budget of
around $4 billion, and Modi’s government hopes recent satellite launches - many
on behalf of foreign governments - would improve its prospects of winning a
larger share of the more than $300 billion global space industry.
Earlier this month, NASA unveiled its
analysis of data collected from lunar orbit by an Indian spacecraft. The
findings marked the first time scientists confirmed by direct observation the
presence of water on the moon’s surface - in hundreds of patches of ice
deposited in the darkest and coldest reaches of its polar regions. The Total Investment & Insurance
Solutions
($1 = 70.0900 Indian rupees)
($1 = 6.8740 Chinese yuan renminbi)
No comments:
Post a Comment