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Glossary of Space Terms 2025 terminology
Astronomy: the study of celestial objects and phenomena.
Astrophysics: the branch of astronomy that deals with the physical properties of celestial objects and their interactions.
Black hole: an object in space with such a strong gravitational field that nothing, not even light, can escape from it.
Blue Origin Start 2000, Jeff Bezos - Space tourism. Goal – not to use the rockets as an escape from the planet's pollutants, the goal is to move the planet's toxins to space. Sending tourists into space is a way to start.
Comet: a small icy body that travels through space, often leaving a visible tail as it approaches the sun.
Cosmic microwave background radiation: the leftover radiation from the Big Bang, which is seen as a faint glow in the sky.
Cosmology: the study of the origins and evolution of the universe.
Dark matter: matter that does not emit or absorb light, but is inferred to exist based on its gravitational effects.
Eclipse: an event in which one celestial body blocks the light from another.
exoPolitics https://exopolitics.org/
Galaxy: a large system of stars, gas, and dust, held together by gravity.
Geocentric: a model of the universe in which the Earth is at the center.
Hubble Space Telescope: a telescope in space that has made many important discoveries in astronomy.
Interstellar medium: the matter that fills the space between stars.
Kuiper Belt: a region of the solar system beyond Neptune that contains many small, icy bodies.
Light-year: the distance that light travels in one year, used to measure astronomical distances.
Meteor: a small piece of rock or debris that enters the Earth's atmosphere and burns up.
Meteorite: a meteor that survives its journey through the Earth's atmosphere and lands on the surface.
Nebula: a cloud of gas and dust in space, where new stars are born.
New Space Economy The New Space Economy represents a fundamental shift in how we view and interact with space. It is a global movement of entrepreneurial innovation that has transformed the space industry by introducing reusable rockets, and more advanced spacecraft, and extending the limits of space habitat living. This new era of space exploration has opened up a wealth of opportunities for both private industry and government agencies, as they seek to leverage the new technologies and capabilities to explore, develop, and utilize space resources.
One of the key drivers of the New Space Economy is the emergence of private space companies that are focused on commercializing space. These companies are pushing the boundaries of what is possible in space, by developing new technologies and business models that are disrupting traditional government-led space programs. With the advent of reusable rockets, private companies are able to drastically reduce the cost of space launches, making space accessible to more people than ever before.
Another important aspect of the New Space Economy is the development of space habitats. With the creation of space stations like the International Space Station (ISS), humans are now able to live and work in space for extended periods of time. This has opened up a new frontier for research and exploration, as scientists and engineers work to develop the technologies and infrastructure needed to support long-term human habitation in space.
Space tourism is another exciting development in the New Space Economy. With private companies like Virgin Galactic and Blue Origin offering suborbital flights to paying customers, space tourism is becoming a reality for a growing number of people. This is not only driving innovation in the space industry, but also creating new opportunities for the tourism industry.
Finally, the New Space Economy has the potential to revolutionize how we view and utilize space resources. With the increasing demand for resources like water, minerals, and energy, companies are exploring ways to extract these resources from space. This could have a transformative impact on industries like mining and energy, as well as on global geopolitics.
In conclusion, the New Space Economy represents a paradigm shift in how we view and interact with space. It is driving innovation, creating new opportunities, and opening up a wealth of possibilities for both industry and society as a whole. As we continue to explore and develop the capabilities needed to unlock the full potential of space, the New Space Economy will undoubtedly play a central role in shaping the future of humanity.
NewSpace Economy The NewSpace Economy is the mutual agreement to share costs; it’s called fixed-price contracts. The NewSpace Economy was started in 2020 by NASA as an alternative to cost-plus contracts Rocket Launch Platforms
Neutron star: a very dense remnant of a supernova explosion, composed mostly of neutrons.
Orbit: the path of an object as it revolves around another object.
Planetary nebula: a type of nebula formed by a dying star, in which the outer layers of the star are ejected into space.
Planet: a large body in space that orbits a star and has cleared its orbit of other debris.
Red giant: a star that has exhausted its core hydrogen and expanded to a larger size.
Space Race The first space race was to put a man on the moon; the second space race was to see who would dominate the economy of space. The goal is not to be in space it’s to own it.
SpaceX Start 2002, Elon Musk – reusable rockets. Goal – use reusable rockets to colonize Mars
StarLink Project Start Elon Musk – 42,000 satellites into orbit
Solar wind: a stream of charged particles that flows from the sun.
Supernova: a powerful explosion that occurs when a massive star runs out of fuel and collapses.
Telescope: an instrument used to observe distant objects in space.
Terrestrial planet: a planet that is rocky and similar in composition to the Earth.
Trans-Neptunian object: a small object in the outer solar system beyond Neptune.
Universe: all of space and everything in it.
Asteroid: a small rocky object that orbits the sun.
Astronaut: a person who travels in space.
Big Bang: the theory that the universe began with a massive explosion about 13.8 billion years ago.
Celestial body: any natural object in space, such as a planet, star, or comet.
Constellation: a group of stars that form a recognizable pattern in the sky.
Dwarf planet: a small, round object in space that orbits the sun but has not cleared its orbit of other debris.
Exoplanet: a planet that orbits a star other than the sun.
Gravity: the force that attracts two objects toward each other.
Interplanetary space: the space between planets in a solar system.
ISS: the International Space Station, a habitable artificial satellite in low Earth orbit.
Jovian planet: a planet that is large and gaseous, such as Jupiter
UAP Unidentified Anomalous Phenomena
Virgin Galactic Start 2004, Richard Branson – Private Space Flights, Goal - a constellation of communication satellites LEO.
Space & Space Economy
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