After nearly a year when NASA vice president Mike Pence announced the Artemis program to bring astronauts back to the Moon in 2024, the projected cost of the program was announced. Specifically, NASA needs another $ 35 billion to be able to make this project a reality by 2024.
Basically, the amount requested by NASA is much greater than the budget that the White House under President Trump agreed to provide to the aerospace agency. Much of it is devoted to developing an astronaut landing system – when NASA estimates that it needs about $ 3.37 billion for this item this year.
If Congress approves it, this will be the first time in nearly 60 years that the US government has directly poured money into a project to send humans to the moon since the 1960s. In addition, NASA’s budget will be invested in a number of other missions on the Moon such as researching the separation of ice from the poles.
However, due to NASA’s huge budget, it is not clear how Congress will respond. At a recent press conference, NASA chief financial officer Jeff DeWit expressed extreme confidence that Congress would approve the investment. However, considering that the budget for research and development of space projects is being cut, reaching the figure of 35 billion USD in the next 4 years is still very difficult.
But in addition to government funding, NASA may also have another option: to raise capital from investors interested in aerospace science:
“In the 1960s, 70s and 80s of the last century, there were not many savvy investors with space projects that were supposed to be very unreal at the time. Therefore, the government had to support NASA very much. financially for the Apollo space program. However, times have changed. “
“Now, there are many investors who are willing to invest in space science, because they believe it will benefit them in the future. Getting more people interested in the development of space science staying is a very beneficial thing. “
According to ArsTechnica