#Space #LaunchCost comparison by ourworldindata.org : https://ourworldindata.org/grapher/cost-space-launches-low-earth-orbit?time=1982..latest
Launch costs have fallen 95% (with another massive reduction expected in the coming years) thanks to reuse, improved engineering, and increased volumes.
“In economics, we assume that resources are limited; land is limited; natural resources are limited. With #space , it allows us to change that.” https://www.theguardian.com/science/article/2024/may/03/were-in-a-new-era-the-21st-century-space-race-takes-off
#ESA
and its member states forked over $4.4B
to develop #Ariane6. Customer launches are unlikely to pay back development costs any time soon.
#SpaceX has invested over $5B in #Starship
R&D to date. Starship has proven its expendable capability, and the company is focusing on achieving full #reusability
.
#NASA spent a dizzying $24B developing #SLS
https://payloadspace.com/rocket-development-costs-by-vehicle-payload-research
#India's #SpaceAgency expects a 20%-30% increase
in its budget (currently $1.55 billion
) in the coming years. Their rocket launch
prices are on a par with #SpaceX's. #NASA's approved budget stands at $25 billion
. The Indian government estimates its share of the market is currently just $8 billion, but it is aiming to increase
that to $44 billion over the next decade https://www.reuters.com/world/india/indias-space-agency-chief-sees-higher-funding-2024-08-27
#India’s budgetary allocation for its space programme is $1.55bn - #NASA’s budget for the year is $25bn
. India spent $74m on the #Mars
orbiter #Mangalyaan and $75m on #Chandrayaan3. NASA’s #Maven orbiter had cost $582m
and Russia’s #Luna25 $133m. #ISRO employs far fewer people and pays lower salaries, which makes Indian projects competitive
https://www.bbc.com/news/articles/cn9xlgnnpzvo
#ISRO has begun the construction of the launch complex at #Kulasekarapattinam *, Tamil Nadu. https://timesofindia.indiatimes.com/city/chennai/kulasekarapattinam-spaceport-can-launch-rockets-in-two-years/articleshow/119130109.cms
* already mapped by @Ohsin in #OpenStreetMap https://www.openstreetmap.org/way/1257155117