Comments by "Jim Luebke" (@jimluebke3869) on "Russians In Space...Well, Maybe Not Much Longer || Peter Zeihan" video.
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Exploration is not commercially viable at this point. No material is valuable enough to make the trip up and down the gravity well worthwhile. There's a reason that the only thing we trade with space is modulated photons.
On the other hand, there's still a market for station-keeping fuel in Geostationary orbit. Back when it cost $10k to move a pound of goods to GEO, the market value for station-keeping and end-of-life graveyard boosting fuel was $3B-$4B a year.
It's entirely possible that within 10 years or so, we could research a way to get fuel out of asteroids. $3B-$4B a year would be a healthy market to pursue.
Unfortunately for that business model, now that Elon Musk has entered the market, the cost is down to something like $800 / lb to GEO. This drops the max revenue from $3B-$4B to $300M - $400M or less, which is unlikely to be enough to capture, return, and deliver fuel from asteroids to every satellite in GEO.
If instead of modulated photons we wanted to deal in bulk photons (Space Solar Power), that might be possible, and might even be profitable if the power satellite floated from one time zone / market to another, delivering power at peak prices. Rectenna farms for receiving power are currently prohibitively large and expensive, though.
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Interest in cleaning up "space junk" (including debris from shattered satellites) is climbing a bit, but apart from auxiliary propulsion units to haul end-of-life satellites into junkyard orbits, it seems to be mostly in the thinky-talky phase.
Imagine a B-17 raid over Germany. Imagine the flak, the fighters, etc. Now imagine that instead of all that debris crashing to the ground, it stays up there in the air for the next several centuries or more.
Now imagine that debris traveling from one airspace to another, shattering the planes in those airspaces, until all of the airspace over every country is full of flying debris.
This could easily happen in space, where you have satellites instead of aircraft. It's known as "Kessler Syndrome". People worry about a single satellite's destruction setting off this cascade.
Without a robust junk removal program in place, the United States stands to lose the most from any space warfare, be it in Low Earth Orbit (LEO), Medium Orbit (MEO, where GPS lives), or high orbit (Geostationary).
The worst part is, Russian spacecraft are in what's called a Molniya orbit, as Peter pointed out, which swings from Low to High so that it spends as much time as possible over high-latitude Russian territory.
This traversal means that any debris cloud from a shattered Russian satellite could potentially move through just about all of the orbits we care about.
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