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    Rocketeers (Review and Analysis of Belfiore's Book)
    Rocketeers (Review and Analysis of Belfiore's Book)
    Rocketeers (Review and Analysis of Belfiore's Book)
    Ebook47 pages34 minutes

    Rocketeers (Review and Analysis of Belfiore's Book)

    By BusinessNews Publishing

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    About this ebook

    The must-read summary of Michael Belfiore's book: "Rocketeers: How a Visionary Band of Business Leaders, Engineers and Pilots Is Boldly Privatizing Space".

    This complete summary of the ideas from Michael Belfiore's book "Rocketeers" shows how entrepreneurs can successfully exploit scientific goals. In his book, the author demonstrates how the X-price has had far-reaching effects. Entrepreneurs can stimulate not only the economy, but also technological advance. This summary explains how the rules of entrepreneurship are changing and what this means for the future of space tourism.

    Added-value of this summary:
    • Save time
    • Understand key concepts
    • Expand your knowledge

    To learn more, read "Rocketeers" and discover the impact of the X-Price strategy.
    LanguageEnglish
    PublisherBusiness Book Summaries
    Release dateSep 29, 2014
    ISBN9782511016381
    Rocketeers (Review and Analysis of Belfiore's Book)

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      Book preview

      Rocketeers (Review and Analysis of Belfiore's Book) - BusinessNews Publishing

      Book Presentation Rocketeers by Michael Belfiore

      About the Author

      Important Note About This Ebook

      Summary of Rocketeers (Michael Belfiore)

      The X-Prize Concept

      Burt Rutan and SpaceShipOne

      The X-Prize Flights

      NASA Gets in on the Act

      Space Tourism

      Hotels in Space and Spaceports on Earth

      Other Potential Applications

      About the Author

      MICHAEL BELFIORE is a freelance journalist who has been covering commercial space flight for a number of years. He has written numerous articles on the subject which have been published in Popular Science, Wired News, Reuters, New Scientist and a number of other publications. He is also a passionate science fiction fan.

      Important Note About This Ebook

      This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

      The X-Prize Concept

      The foundations of what is today the multi-billion-dollar commercial aviation industry were never laid by government funding or by a tightly coordinated research and development program. Instead, a group of tinkerers, garage inventors and part-timers responded to a series of cash prizes which were offered by some of the premier institutions and individuals of that era. Some of these prizes were small and obscure while others garnered huge public interest –

      10,000 French francs for whoever could accomplish fifteen minutes of sustained flight.

      10,000 British pounds for the first nonstop transatlantic flight.

      $10,000 for the first flight between New York and Albany, a distance of 134 miles by air.

      $25,000 for the first nonstop flight between New York and Paris – won by Charles Lindbergh flying The Spirit of St. Louis in May, 1927.

      When entrepreneur Peter Diamandis read Charles Lindbergh’s biography, he realized that Lindbergh’s main motivation in making the nonstop flight between New York and Paris had simply been to win the prize on offer rather than to be a heroic trailblazer. As Diamandis read that, he had an epiphany. He thought that since offering prizes had stimulated the establishment of the commercial aviation industry, perhaps the same thing could happen to bring affordable space travel to the masses. Diamandis reasoned this would be the ideal way to challenge the perception space exploration was so expensive it required the resources of government funding to be achieved.

      Diamandis therefore got the ball rolling on what would

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