Commercial space travel articles
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‘Cabs to get into space’: How this Indian startup wants to revolutionize satellite space travel
By Amy Gunia, CNN (CNN) — India is one of the world’s top spacefaring nations. It is the first Asian country to reach Mars orbit, and the fourth on the planet to take a spacecraft to the moon, landing closer to the south pole, known for its cratered terrain, than anyone else has. But its
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Lack of commercial spaces in Bangor is restricting city’s growth
In 2023, about 6 percent of Bangor’s office and retail spaces were vacant while the industrial market vacancy rate was less than 2 percent,
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India needs financial risk coverage for commercial space launch industry
A single crash of a rocket in 2019 cost more than over $411 million to space insurers, who provide insurance cover for space missions. Last year, the total premiums collected in the space insurance market globally was $550-600 million, but claims totalled $1 billion.With an increasing number of launch failures, communication problems and space debris, space insurance has come to be categorised as a high-risk field of insurance. With India becoming a key space economy, the significance of...