Private firm hopes to replace International Space Station in few years after it goes offline by 2024

Briefing

Private firm hopes to replace International Space Station in few years after it goes offline by 2024

March 15, 2017

Briefing

  • ISS Replacement – Private company Axiom Space plans to launch commercial space station that could succeed International Space Station (ISS) by 2024
  • Attachment Module – Involves launching three modules that will separately fly to ISS upon reaching orbit and attach to space station beginning in 2020, then detaching itself as independent space station once all three modules are connected
  • ISS Offline Schedule – International Space Station scheduled to go offline in 2024, with possible extension up to 2028
  • Revenue Model – Proposes to earn revenue from hosting astronauts and space tourists, in addition to manufacturing and research, which is estimated to be worth $37 billion through 2030
  • Competition with Bigelow – Another company, Bigelow Aerospace, is testing prototype module on ISS
  • NASA Approved – NASA approved deployment of Axiom Space’s module on ISS

Accelerator

Organization

Axiom Space

Source

Original Publication Date

January 5, 2017

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