Today’s Current Affairs: Saudi Space Agency and NASA Collaborate to Build $2 Trillion Global Space Economy by 2035
In a recent announcement, NASA Administrator Bill Nelson revealed that the Center for Space Futures, hosted by the Saudi Space Agency, aims to send a mission to the moon and establish a $2 trillion global space economy by 2035. The partnership between the two agencies will bring together space industries, commercial companies, and government programs to accelerate space technologies and foster innovation.
## Question 1: When is the Center for Space Futures set to open?
– A) Spring of 2024
– B) Summer of 2024
– C) Fall of 2024
– D) Winter of 2024
Answer: C) Fall of 2024
## Question 2: What was the NASA mission that celebrated its 50th anniversary in December 2022?
– A) Apollo 11
– B) Apollo 13
– C) Apollo 17
– D) Apollo 9
Answer: C) Apollo 17
## Question 3: How much is the global space economy projected to be by the year 2035?
– A) $1 trillion
– B) $1.5 trillion
– C) $2 trillion
– D) $2.5 trillion
Answer: C) $2 trillion
## Question 4: What is one of the biggest threats to satellites and spacecraft in space mentioned in the text?
– A) Asteroids
– B) Aliens
– C) Space debris
– D) Black holes
Answer: C) Space debris
## Question 5: How many countries have signed the Artemis Accords?
– A) 15
– B) 20
– C) 25
– D) 30
Answer: B) 20
What is the Center for Space Futures and what are its goals?
The Center for Space Futures, hosted by the Saudi Space Agency, aims to bring together space industries to send a mission to the moon and build a $2 trillion global space economy by 2035.
What is the significance of the agreement signed between the Saudi Space Agency and the World Economic Forum?
The agreement signed between the Saudi Space Agency and the World Economic Forum establishes a Centre for the Fourth Industrial Revolution focused on space, which will open in the fall of 2024. It aims to facilitate public-private discussions on space collaboration and accelerate space technologies.
What are NASA’s plans for future space missions?
NASA plans to go back to the moon with commercial and international partners, after a hiatus of half a century. The Artemis II lunar mission is set to land the first astronauts near the moon’s South Pole in September 2025.
How does NASA envision the future of space economy?
NASA’s administrator believes that the space economy will reach almost $2 trillion by 2035. This growth will be driven by partnerships between commercial companies and government programs, with a focus on learning, inventing, and creating technologies for missions to Mars and beyond.
What are some of the challenges in space exploration discussed by NASA’s administrator?
NASA’s administrator highlighted the issue of space debris as a major threat to satellites and spacecraft. NASA is working with partners to develop systems for the safe disposal of satellites after their useful life, in order to prevent collisions that could damage critical space assets.
Today's Current Affairs brings exciting news about the Center for Space Futures, hosted by the Saudi Space Agency. The goal is to send a mission to the moon and establish a $2 trillion global space economy by 2035, according to NASA Administrator Bill Nelson.
The center aims to bring together space industries, commercial companies, and government programs for collaboration. It will open in fall 2024 and will be the first center in the C4IR network, focusing on accelerating space technologies and facilitating public-private discussions on space collaboration.
NASA plans to go back to the moon with commercial and international partners, with the Artemis II lunar mission set to land near the moon's South Pole in September 2025. The partnership with Saudi Arabia will focus on economic benefits, understanding climate change, and addressing space debris, which poses a significant threat to satellites and spacecraft.
The Artemis Accords, signed by Saudi Arabia in 2022, promote peaceful uses of space and cooperation among nations. Saudi Arabia's space industry shows great growth potential, with revenue reaching $400 million in 2022. The global space economy is projected to expand to $1.8 trillion by 2035, driven by advancements in space-enabled technologies and increased collaboration between public and private sectors.
Overall, the future looks bright for space exploration and the space economy, with Saudi Arabia playing a significant role in shaping the sector's growth and development.
| Today's Current Affairs |
| -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| The Center for Space Futures, hosted by the Saudi Space Agency, aims to send a mission to the moon and build a $2 trillion global space economy by 2035, according to NASA Administrator Bill Nelson. NASA plans to partner with commercial and international entities for this endeavor. |
| The Saudi Space Agency and the World Economic Forum signed an agreement to establish a Centre for the Fourth Industrial Revolution focused on space. The Center for Space Futures is set to open in the fall of 2024 and will facilitate public-private discussions on space collaboration to accelerate space technologies. |
| NASA announced that its Artemis II lunar mission will aim to land astronauts near the moon's South Pole in September 2025. The mission is part of NASA's plan to go back to the moon and then on to Mars with the help of commercial enterprises. |
| NASA has partnered with Saudi Arabia on scientific instruments for the Artemis II mission to the moon, focusing on economic benefits and understanding climate change. Space debris is identified as a major threat to satellites and spacecraft, prompting NASA to work on mechanisms for precise disposal. |
| The UNU Institute for Environment and Human Security highlighted space debris as a significant risk, with over 35,000 tracked objects in orbit. Collisions with debris in space pose a catastrophic threat, emphasizing the need for proper disposal methods to prevent potential disasters. |
| The Artemis Accords, a set of principles for peaceful space cooperation, have been signed by Saudi Arabia and aim to ensure safe, peaceful, and sustainable space exploration. The visit of NASA Administrator Bill Nelson to the Kingdom seeks to explore future collaboration and strengthen civil space cooperation. |
| The Saudi Space Agency, established in December 2018, aims to boost economic diversification and enhance research and development in the global space industry. The Kingdom's space industry has great growth potential, with revenues reaching $400 million in 2022 and projections for significant expansion by 2035. |
| The global space economy is projected to reach $1.8 trillion by 2035, driven by advancements in space-enabled technologies and increased accessibility. Various sectors like agriculture, construction, insurance, and climate-change mitigation are expected to benefit from the expanding space economy through enhanced collaboration between public and private sectors. |
1 thought on “Saudi Center for Space Futures to Support Lunar Mission and $2 Trillion Global Space Economy: Current Affairs Question and Answers with NASA Chief on Asharq TV”