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Home News

NASA Might Hand Over International Space Station to Commercial Firm

by Chinmay Bidkar
August 23, 2016
in News
Reading Time: 2 mins read
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NASA Might Hand Over International Space Station to Commercial Firm

Image : siliconangle.com

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International Space Station
Image : siliconangle.com

23 August 2016, USA :

NASA is planning to hand over the control of the International Space Station (ISS) to a commercial company around the mid 2020s, the US space agency has said. “NASA’s trying to develop economic development in low-earth orbit,” said Bill Hill, NASA Deputy Associate Administrator for Exploration Systems Development.

The agency did not reveal any further details about the possible ISS handover, not even specifying any potential “buyers”. Moreover, as the station is jointly managed by international partners, it is unclear how will they react to this proposition. The space station could be transferred to a commercial company as a whole or it could end in handing over only NASA’s part – this issue also needs to be determined.

“Ultimately, our desire is to hand the space station over to either a commercial entity or some other commercial capability so that research can continue in low-Earth orbit,” said Hill, speaking on a panel of NASA staff assembled to discuss the upcoming Mars mission.

The statement came just before astronauts aboard the station were preparing to install a new docking adaptor to the station. Hill’s timeline coincides with the Obama administration’s plans to wind down the United States’ commitment to the station as it ages. The station’s operational life has been extended until 2024.

The International Space Station was originally designed to through September 2020, with Boeing’s as its prime contractor, with a five-year and $1.2billion deal. However, Boeing is still studying whether it will be feasible it to extend station’s functional life beyond 2028.

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Tags: Bill HillInternational Space StationNASAUS space agency
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Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

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