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Business in the deep space?



According to this article, apparently the investments in space related activities will rise astronomically!


U.S. Defence spending on space has grown from around $15 billion in 2000 to more than $22 billion today and is forecast to reach $28 billion by 2010. India and China have joined the U.S., Europe, Russia, and Japan as having fully independent capabilities. Satellite-toconsumer television has become a $40 billion worldwide market. The markets for satellite radio and GPS positioning and tracking are being validated with growth measured in billions. The successful launch of new satellite broadband services in the U.S. and Canada beginning in 2005 could improve the market for commercial infrastructure. The development of a substantial space tourism market would have a positive but disruptive influence on the industry, though it is not likely to happen before 2010. According to Scott Sacknoff, President of the ISBC, 'With the diversity of the sector ranging from Walmart's IT network to NASA Mars missions to the military's hunt for Al Qaeda, the size of the industry should not be a surprise. Governments around the world look to the industry and see space and satellite technology, R&D, and services as vital to their nation.


Military hunt for Qaeda, I'm sure the snooping won't stop there. Anyways mark my words!

o Google
o e-locate (For instance if you're in India, try this),Talk/Video via Satellite, Virtual Presence etc
o NASA
o National Geographic
o New OilFields discoveries
o breakthroughs in Energy Markets


These above mentioned parties/activities are going to make a huge impact on how we do things in the coming years to come.

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