Although Space Elevator is a relatively new subject in the field of science concepts, it can now be considered as a science fiction. Space elevator was introduced as a concept in 1895 by Russian physicist Konstantin Tsiolkovsky. The space elevator has a great potential to be one of the appealing engineering projects ever designed. Nowadays, transporting the cargo to the space is both expensive, very complex and it also takes a long time. Construction of such a space elevator will enable humankind to make space travel and cargo transportation easier, cheaper. In this context, we mainly study how to extract the economic feasibility of this futuristic wonder of the giant mega structure for preliminary examination.
In this study, a qualitative research method has been used in the scope of the relevant sources in the literature. The space elevator can significantly reduce costs in sending cargo to space and provide easier access to space. It may be beneficial in terms of space tourism in the following years. It can even be a stepping-stone for asteroid mining.
The space elevator is under construction and can be an example and guide in removing economic feasibility or in future . The purpose of this article is to focus on the definition of space elevator and its construction, and also to argue on the reasons why the project is essential. Thereafter, we will discuss and analyze the effects of the space transportation mainly in the economics perspective.
|Journal Section||Research Articles|
|Publication Date||August 18, 2020|
|Submission Date||April 21, 2020|
|Acceptance Date||June 30, 2020|
|Published in Issue||Year 2020 Volume: 1 Issue: 1|