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Things are looking up for Australia’s space tourism

A well known entrepreneur claimed in late 2018 that his company will be taking passengers into space by the end of 2019, which are a few months from now.

Whether or not he meets that deadline, most experts agree that it is only a matter of time before commercial space travel becomes a reality.

As reported, there are growing indications that Australia could play a key role in the emerging space tourism industry.

According to the businessman, Australia is an extremely attractive location for a spaceport and would love to setup an operation in the country, and to work with the government in order to make that possible.

Potential for space tourism

The Director of the new Australian Space Agency, Dr Megan Clark, told the delegates at the University of South Australia’s eighth Southern Hemisphere Space Studies Program last February that the Agency is taking this interest very seriously and is extremely positive about space tourism in general.

The time has come for other Australian industry leaders, from sectors including space, tourism, food, health and education, to be actively developing strategies aimed at ensuring Australia is a key global player in future space tourism.

It has such huge potential to become a major industry delivering many multiplier economic effects – Australia can build a whole tourism ecosystem with numerous sub-economies around space tourism.

If there is a spaceport in Australia, for instance, people do not just fly in and fly out. They will have to be fed, insured, would need medical checks, psychological support and training.

Business ecosystem

Moreover, they will have family with them who will need to be accommodated. All of these extra dimensions would develop into a network around space travel.

Other opportunities that cater to people who want to go to space but for health reasons, cannot do so, can also be tapped into.

An example of which is a space-themed park, which offers simulation services, on Australian ground can increase space tourism attraction.

Currently, there are eight travel agencies from Australia that are working with the businessman. While prices for a ticket are currently high, it will inevitable fall.

When they do, it is essential that Australia has already established a place in the industry.

Target market

This kind of travel will not only cater for the rich for long as the demand will be so great that it will eventually make it more accessible.

There are several reasons why people will want to go to space – adventure, spiritual wonder, and even to gain fame and celebrity status.

These people will be willing to pay a lot of money for that experience as well as the services around it. Thus, it is imperative that Australia will be able to provide that to them.

The potential social good that could arise from regular routine access to space should not be underestimated.

For one, space tourism could provide greater opportunity and funds for scientific research. It can also bring down the costs associated with other orbital technology such as satellites.

Moreover, it could possible provide new perspectives for travellers’ understanding of Earth and the universe.

Space tourism falls into the category of what is known as ‘transformational services’, which are not consumed just to satisfy basic survival needs.

Transformational services enable people to rethink and re-set their value system, their priorities and way of thinking, to learn and to self-develop, to change their attitude, mindsets or their behaviour or perception about certain things.

Anyone travelling into space and seeing the Earth from above, even if it is only for a very brief period of time, will likely be psychologically and socially transformed by the experience in some way.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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