Space exploration has long been an important mission for humanity, one that has seen immense progress in recent years due, in part, to the growth of the private space industry. Private corporations have made significant progress in space travel and technology and have laid the groundwork for a “space-for-space” economy: a new economic paradigm detached from existing markets that serves life in space rather than focusing efforts on improving life on Earth. The role of private enterprises calls into question the ethical considerations of granting corporations access to the vast resources of space and implores us as engineers to define ethical standards to balance technological innovation with societal progress.
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