Investment in space exploration would give seven times return to any economy of the world which embarks on such missions, NASA Astronaut Mike Fincke said today.
He said, developed economies of the world are investing in space exploration to help development of people’s lives on Earth and the returns are as much as seven times high of the total investment.
When asked should developing countries like India invest in space exploration when the fund could be used for other pressing problems in the country, Fincke said: “definitely India or any other country for that matter should invest in space exploration.”
He said space exploration was an investment for the future and many new technologies and science would develop by such explorations and help find answers for some of the present problems of the world. India’s Chandrayaan mission, he said, was a success as many of its objectives were fulfilled and these findings would help India and its economy.
On the International Space Station (ISS), he said, the space station has already started giving returns on its investment by way of its reaserch on biotechnology. Moreover, Space tourism that is being conducted by Russia would be lucrative business in the near future.
The ISS, experts say, would be conducting studies on a several scientific projects. There are 15 countries that are partnering the projects, including Russia and the United States working first time together in such a project.
Amongst other experiments and studies a cure for cancer is one of the most anticipated studies that is to be conducted by ISS and its crews onboard. The ISS woud be fully operational by 2011.
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