FRANCE: A tiny start-up from India, Team Indus, with no experience in robotics or space flight just won $1 million of this prize. It stood head to head with companies that had been funded by billionaires, had received the assistance of Nasa and had the support of leading universities.
The good news is that governments no longer have a monopoly on space exploration. In two or three decades, we will have entrepreneurs taking us on private spaceflights to the Moon. That is what has become possible.
What has changed since the days of the Apollo Moon landings is that the cost of building technologies has dropped exponentially. What cost billions of dollars then costs millions now, and sometimes even less.
Our smartphones have computers that are more powerful than the Cray supercomputers of yesteryear – which had strict export controls and cost tens of millions of dollars. We carry high-definition cameras in our pockets that are more powerful than those on NASA spacecraft.
The cameras in the Mars Curiosity Rover, for example, have a resolution of 2 megapixels with 8GB of flash memory, the same as our clunky first-generation iPhones. The Apollo Guidance Computer, which took humans to the Moon in 1966, had a 2.048 MHz processor – slower than those you find in calculators and musical greeting cards.
The same technologies as are available in the United States and Europe are available worldwide. Innovation has globalised.
Pakistan to get $3b loan from Islamic Trade Financing Corporation
ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...
