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Home Business & Economy

IndyWales in Space

Should we be aiming higher for the Welsh economy, or is space just not worth the hassle?

Owen Donovan by Owen Donovan
February 22, 2014
in Business & Economy, Independence: Business & Economy
IndyWales in Space

(wired.com)

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Admittedly, this is – excuse the pun – “out there”. It’s not the first thing on people’s minds when they think of Welsh independence, or even the present economy. The powers and freedom independence bring shouldn’t be stuck in a box of being exclusively about the economy, culture or social justice.

“Regulation of outer space activities” is one of the miscellaneous reserved matters in the Wales Act 2017. It’s yet one more “minor” area Wales would take responsibility for upon independence. There are opportunities here – independence or not – and events the other side of the Atlantic are making it possible.

3. Opportunities for the Welsh Economy

  • 1. The Welsh in Space
  • 2. The Privatisation of Space
  • 3. Opportunities for the Welsh Economy
  • 4. Aiming Higher
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Cost and weight are two key factors to consider when getting things into space. The cost of transporting a payload into orbit is currently around $20,000 per kilogram.
If this can be reduced to something more reasonable, it could revolutionise space travel, even at some point in the distant future making sub-orbital flight affordable for everyone.

One of Wales’ industrial and manufacturing strengths is the aerospace industry, and two of our most important growing high-tech areas of expertise are optronics (lighting electronics) – of which there are several companies scattered around north East Wales – and advanced materials research at the likes of Glyndwr University.

Both are likely to be important considerations in the construction of new private spacecraft, especially if they can be lightweight, tough and have a need for high-tech on-board systems (requiring specialist lighting).

Sub-orbital aircraft – This is one of the most important research areas in aerospace at the moment. Sub-orbital passenger aircraft will be able to fly significantly higher and faster than current commercial airliners. A trip from Europe to Australia could be reduced from 20+ hours to under 3 hours. Although only Virgin are actively considering it at present, it’s certain major aerospace companies will explore the possibility more seriously – and they’ll need somewhere to manufacture and research. Where better than a country with growing expertise in aerospace and advanced materials science?

Private spacecraft – At the moment this is nothing more than a cottage industry in global terms, but it’s likely to rapidly expand over the coming decades. It’s not only relevant for space tourism, but practical applications such as telecommunications, geological research (commercial and scientific), logistics (which could – in the long term – replace shipping) and, indeed, the military. It’s likely many state-backed scientific projects will be reliant on private spacecraft in the long-term too. Could Wales set up a hub to develop these spacecraft? Do we need regulatory powers over space activities to do so? Independence is our answer.

Space Tourism – At the moment this is very exclusive. A ticket for Virgin Galactic will cost $450,000 (£325,000). The price is likely to come down as the technology improves (and, more importantly, it’s proven to work) – much as it did with the earliest commercial aircraft. Reports in November 2013 suggested Wales could be shortlisted for a “spaceport” – with Llandebr airfield in Gwynedd in advanced planning stages as of 2021. If we established ourselves as home to “Europe’s Cape Canaveral”, then other spin-offs listed above might follow.

Recycling “Space Junk” – A growing problem, it’s estimated there are around 300,000 pieces orbiting Earth. Some will have broken off equipment. Others could be as large as defunct/stray satellites or space stations. These all pose a risk to operating equipment like telecommunications satellites, scientific equipment and manned spacecraft. Some of the options to deal with this are pretty cheap, ranging from land-based lasers to orbiting collection pods to collect the junk. If they could be captured and brought to re-entry though, then parts could be recycled, and could become a lucrative industry.

Space Mining – Now, this is one for the long haul. Could the Welsh – long associated with mining – take it to the stars? Asteroids contain rare elements that are absolutely essential to modern industry, but are running short on Earth. At the moment, the costs of mining an asteroid are likely to run into hundreds of billions of dollars and are incredibly high risk ventures. So the technology will need to be developed for prospecting, mining itself, processing the material and delivering it back to the surface. At the moment, Planetary Resources are the only company taking this seriously, but they’re starting to develop said technology and are backed by billionaire investors like Google’s Eric Schmidt, Larry Page and K. Ram Shiram and others like James Cameron, Richard Branson and Ross Perot. So although, for now, things like asteroid mining are impractical, it won’t be for much longer.

If Wales – or Wales in partnership with other countries – could take a lead in those sorts of things, well….put it this way….a single mined asteroid, full of elements like gold, platinum, tungsten and palladium, would probably generate enough income to fund Welsh public spending at current levels for 500 years – not taking into consideration the deflationary effect asteroid mining would have on prices of rare elements and what that would do to the global economy and even the capitalist system itself.

“Closer” to home, helium-3 – an important element in fusion power – is relatively abundant on the Moon, and worth about $3billion a tonne. Although fusion power is in its earliest stages of development, it’s said 100 tonnes of helium-3 could provide clean energy to Earth for a year, and the Moon has enough helium-3 to power Earth for 10,000 years.
That’s before mentioning how valuable such technologies and expertise would be in defending Earth from an asteroid strike.

3. Opportunities for the Welsh Economy

  • 1. The Welsh in Space
  • 2. The Privatisation of Space
  • 3. Opportunities for the Welsh Economy
  • 4. Aiming Higher
Previous
Next
Tags: Air TransportEmployment & SkillsFuturologyIndependenceIndependence MinutiaeIndustryMilitaryNatural ResourcesPrivatisationScienceTechnologyUSA
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