Government Shutdowns – a Boon for Private
Space Exploration?
The US Government has shut down and nearly all of NASA has been put on
leave - indefinitely. Although I have
long despaired of how politics in America impacts the consistency and
sustainability of an effective space exploration program, this is by far the
most egregious example of why so little has been done to promote a permanent
human presence in space since Apollo (true – there is the ISS, but compared to
what the future promised in the 60’s and 70’s …). Regardless of how you feel
about the current political situation, it cannot be denied that governments at
times can be their own worst enemies. Their
inability to find solutions to pressing issues is nothing new, but it is
frustrating. And the impact these
actions have on lower priority programs – like space exploration – is
devastating.
But is this actually a blessing in disguise? Might it signal an opportunity for private
organizations to pick up the slack? Can
private space companies develop, promote and fund exploration programs without
government support ?
SpaceX is trying. But, at its
core, SpaceX is a space operations company rather than a space exploration
company. Their ability to push
exploration is really based on two things:
1.
US Government space operations contracts, and
2.
Elon Musk’s pocketbook.
Without a contract from the US Government to supply the International
Space Station, the development of the Dragon, the Grasshopper, and the Red
Dragon (a Spacex Mars Lander program) would be totally reliant on Elon Musk and
his financial backers. That wealth alone
cannot possibly fund an extensive – and sustainable – exploration and
development program. In other words, the
success of the SpaceX operations arm, and its government funding, drives the
success of the Exploration and Development arm.
So can private enterprise create a sustainable and effective space exploration
program without government backing? Direct
investment in these enterprises has historically been through wealthy
individuals or angel investors, not from a broad investor base. The primary reason? High financial risk with little upside. The only way to fund private space exploration
initiatives, therefore, is through indirect investment. A consistent application of outside
funding. An endowment, if you will. But space exploration is really expensive –
so it needs to be a really BIG endowment!
At
Rima Marius, we have created that endowment.
www.starfund.coThe STAR Fund (Space Technology and Research
Fund) is an independent financial management company that is focused on high
growth/high income investments.
These
investments, when completely funded, will provide a consistent annual income
that can be used to further space exploration initiatives – without government
funding or political gamesmanship.
When there is clear initiative and focused support, there is little
that a government cannot do (think Apollo).
But without that clear initiative, and without broad, bipartisan
support, governments can more often impede, rather than promote, progress. This most recent shutdown should remind us of
that fact. And perhaps – just perhaps –
change the focus to private opportunities.
About Rima Marius: Rima Marius is a US based private
space exploration company founded in 2013 with the objective of undertaking a
manned expedition to the Moon.
It is
named after the Marius Hills region of the Moon that is the target of the Expedition.
Details about the Company and the Rima
Marius Lunar Expedition may be found at the company’s website at
www.Rimamarius.com