The International Space Station Is Open for Commercial Business in Orbit

The International Space Station Is Open for Commercial Business in Orbit”

"If you look at the pricing and you add it up, back of a napkin, it would be roughly $35,000 a night, per astronaut", NASA's Chief Financial Officer Jeff DeWit told a news conference in NY. Under NASA's new policy, commercial entities will have the opportunity to broaden the scope of their activities at the orbiting lab, to include manufacturing, marketing, advertising and other for-profit activities, Robyn Gatens, NASA's deputy director for the ISS program, said at the news conference.

NASA has announced a plan to allow tourists to fly on the International Space Station starting next year.

Up until now, NASA had not allowed ISS to be used for commercial purposes.

As NASA shifts its priorities to landing astronauts to the moon, it is opening the International Space Station for commercial business, agency officials announced today (June 7) at a news conference here at the Nasdaq MarketSite.

Astronauts have dazzled the world in recent years with photos and videos shot from the International Space Station.

Unfortunately, the stay won't come with any Hilton or Marriott points, DeWit joked.

Up to 12 private astronauts will be able to visit the ISS each year, Nasa said.

Russian Federation has already let private citizens onto the station, so it won't be the very first time a non-professional astronaut heads to space, WaPo reported. The agency's goal is to foster a robust ecosystem in low-Earth orbit through which it can purchase services as one of many customers.

"We're reaching out to the private sector to see if you can push the economic frontier into space", said Bill Gerstenmaier, associate administrator of NASA's Human Exploration and Operations Mission Directorate.

In addition to opening up ISS and its resources to private companies and astronauts - the first two parts of the five-part plan - NASA will open up the space station's Node 2 Harmony module to commercial activities, the first step in the development of a commercial destination.

"Enabling a vibrant economy in low-Earth orbit has always been a driving element of the space station program, and will make space more accessible to all Americans", said Koch.

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