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Monday, August 10, 2009

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The future commercial space travel has created a desire in minds of people to make space their ultimate vacation destination. Therefore, the next innovative commercial space business may be the orbiting space hotel. Robert Bigelow, who made his fortune by getting this project, is already working on a prototype orbiting hotel. Bigelow has invested $75 million into this project, with an estimate of $425 million more,,,, His orbiting hotel. .a stake at present is being developed under the corporate name of Bigelow Aerospace. The firm has successfully completed the first phase of the project by launching a small pod that inflates aloft called Genesis I. It has marked the beginning of first privately funded space station. The project is a prototype for cheap, livable, interconnecting rooms for commercial use in space similar in design to the International Space Station. In fact, Genesis I was an early concept for the ISS that was researched through funding by NASA. Robert Bigelow has since purchased the rights to the patent of the technology for his Genesis prototype.

However all these surely represent another small step for the creativity of man and a potentially giant leap for profitable opportunity in business and commercial enterprise of every kind.

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