SpaceX secures $843 million NASA contract to de-orbit ISS by 2030
SpaceX has secured an $843 million NASA contract to develop a vehicle for the safe deorbit of the International Space Station by 2030.
Elon Musk's SpaceX has won a $843 million NASA contract to prepare for the safe and responsible deorbit of the International Space Station (ISS) in a controlled manner after the end of its operational life in 2030.
As part of the contract, SpaceX will develop and deliver the US Deorbit Vehicle that will provide the capability to deorbit the space station and ensure avoidance of risk to populated areas.
“Selecting a US Deorbit Vehicle for the International Space Station will help NASA and its international partners ensure a safe and responsible transition in low Earth orbit at the end of station operations,” said Ken Bowersox, associate administrator for Space Operations Mission Directorate at NASA Headquarters in Washington.
While SpaceX will make the deorbit spacecraft, NASA will operate it throughout its mission. In addition to the space station, it is expected to destructively break up as part of the re-entry process.
The ISS has seen astronauts from CSA (Canadian Space Agency), ESA (European Space Agency), JAXA (Japan Aerospace Exploration Agency), NASA (National Aeronautics and Space Administration), and State Space Corporation Roscosmos, since 1998.
Each agency was responsible for managing and controlling the hardware it provided.
While the US, Japan, Canada, and the participating countries of ESA have committed to operating the station through 2030, Russia has committed to continued station operations through at least 2028.
The ISS is currently in its 24th year of continuous crewed operations, and more than 3,300 experiments have, to date, been conducted in microgravity.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Retirement Planning: In how many years your Rs 25K monthly SIP investment will grow to Rs 8.8 cr | See calculations
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations
01:59 PM IST