There has been a continuous presence of humans in space since 2000, when the International Space Station became operational.
Now, as the floating laboratory gets closer to its inevitable retirement, there are questions around what would replace it.
Private companies are looking to commercialise low Earth orbit, with space stations that would welcome tourists, researchers and astronauts.
Meanwhile, government space agencies have increased their focus on the Moon, with Nasa, China and Russia looking to build a lunar base.
The National highlights some of the space stations that were announced by private companies and governments.
Orbital Reef
In October, Jeff Bezos’ Blue Origin announced plans to build a private space station in Earth orbit, called Orbital Reef.
The space tourism company hopes to build a “mixed-use business park” and is promising access to media, tourists, astronauts and researchers.
It is going to be a commercially developed, owned and operated low-Earth orbit station, built in partnership with Boeing, Redwire Space, Sierra Space, Genesis Engineering Solutions and Arizona State University.
“For over sixty years, Nasa and other space agencies have developed orbital space flight and space habitation, setting us up for commercial business to take off in this decade,” Brent Sherwood from Blue Origin said at the time of the announcement.
“We will expand access, lower the cost, and provide all the services and amenities needed to normalise space flight. A vibrant business ecosystem will grow in low Earth orbit, generating new discoveries, new products, new entertainments, and global awareness.”
The plan is to begin operations within this decade, after launching a power system, core module, life habitat and a science module. This would enable the station to host up to 10 people, initially.
Genesis Engineering Solution, an aerospace and technology provider, would supply single-person spacecraft on the station, allowing those on board to go on spacewalks.
Starlab
Less than a week before the Orbital Reef announcement, Nanoracks had unveiled plans of a commercial space station that would aid efforts in scientific research and tourism.
Founded in 2009, Nanoracks is a commercial space company that has sent more than 1,300 research payloads and small satellites to the ISS.
Now, it has gone into partnership with Voyager Space, a company into space exploration, and aerospace firm Lockheed Martin to build its first free-flying space station, called Starlab.
It would include a large inflatable habitat, designed and built by Lockheed Martin, a metallic docking node, a power and propulsion element, a robotic arm for servicing cargo and payloads, a laboratory to host research, science and manufacturing capabilities.
Up to four astronauts would be able to occupy the station. The company hopes to begin operations by 2027.
Axiom Station
Space infrastructure company Axiom is planning to launch a commercial module to the ISS that would become its own independent station once the ISS retires.
The station will offer access to researchers, astronauts and tourists. By 2028, the Axiom modules would be ready to detach from the ISS, allowing microgravity research, manufacturing and life support testing.
The first two modules that will be launched would each have four crew quarters.
Axiom also plans to launch the first paying crew to the ISS next year.
Lunar Gateway
Nasa has ambitious plans to build a station in the Moon’s orbit.
Called the Lunar Gateway, the station would host astronauts before they land on the lunar surface, using a human landing system.
It is part of the space agency’s deep space exploration plans, which includes building a sustainable human presence on the Moon under the Artemis programme, and sending astronauts to Mars from there in future.
Plans for the Gateway includes a Habitation and Logistic Outpost, an initial crew cabin that would offer astronauts basic life support and space to prepare for their trip to the lunar surface.
Nasa chose SpaceX to deliver cargo and other supplies to the station.
China-Russia lunar station
Earlier this year, China and Russia unveiled plans to build the International Lunar Research Station.
The proposal involves sending several Chinese and Russian missions to the Moon over a 15-year period.
Five facilities and nine modules are planned for the station, intended to support long and short missions to the Moon's surface and orbit.
The plan includes a facility that would support round-trip transfer between Earth and the Moon, lunar orbiting, soft landing, take-off on lunar surface and re-entry to Earth.
A long-term support facility on the surface will include a command centre, energy and supply modules, and thermal management.
Designs also include a “hopping robot” and smart mini-rovers that would move around the surface of the Moon.
The plan is to launch six missions by 2025 during phase one of the station’s construction.
It was reported that China is also working on a lander for human Moon missions.
China has astronauts in low Earth orbit who live on Tianhe, the core cabin module of its Tiangong space station.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
RESULTS
5pm: Wathba Stallions Cup – Maiden (PA) Dh70,000 (Dirt) 1,400m
Winner: Yas Xmnsor, Sean Kirrane (jockey), Khalifa Al Neyadi (trainer)
5.30pm: Falaj Hazza – Handicap (PA) Dh70,000 (D) 1,600m
Winner: Arim W’Rsan, Dane O’Neill, Jaci Wickham
6pm: Al Basrah – Maiden (PA) Dh70,000 (D) 1,800m
Winner: Kalifano De Ghazal, Abdul Aziz Al Balushi, Helal Al Alawi
6.30pm: Oud Al Touba – Handicap (PA) Dh70,000 (D) 1,800m
Winner: Pharitz Oubai, Sean Kirrane, Ibrahim Al Hadhrami
7pm: Sieh bin Amaar – Conditions (PA) Dh80,000 (D) 1,800m
Winner: Oxord, Richard Mullen, Abdalla Al Hammadi
7.30pm: Jebel Hafeet – Conditions (PA) Dh85,000 (D) 2,000m
Winner: AF Ramz, Sean Kirrane, Khalifa Al Neyadi
8pm: Al Saad – Handicap (TB) Dh70,000 (D) 2,000m
Winner: Sea Skimmer, Gabriele Malune, Kareem Ramadan
AUSTRALIA%20SQUAD
%3Cp%3EPat%20Cummins%20(capt)%2C%20Scott%20Boland%2C%20Alex%20Carey%2C%20Cameron%20Green%2C%20Marcus%20Harris%2C%20Josh%20Hazlewood%2C%20Travis%20Head%2C%20Josh%20Inglis%2C%20Usman%20Khawaja%2C%20Marnus%20Labuschagne%2C%20Nathan%20Lyon%2C%20Mitchell%20Marsh%2C%20Todd%20Murphy%2C%20Matthew%20Renshaw%2C%20Steve%20Smith%2C%20Mitchell%20Starc%2C%20David%20Warner%3C%2Fp%3E%0A
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5