Space Island Group
|This article relies on references to primary sources. (January 2012)|
Space Island Group (SIG) is a commercial organization based in West Covina, CA that is dedicated to the development of commerce, research, manufacturing and tourism in space. They plan to accomplish this by designing, building and operating commercial space transportation systems and destinations. Their flagship project is the Space Island Project. This will be a stand-alone commercial space infrastructure supporting manned business activities in Low Earth Orbit (LEO) 400 to 500 miles above earth. They plan to accomplish this through the use of technologies, vehicles and procedures developed by NASA and aerospace companies over the last 25 years.
One of the unique propositions outlined by the Space Island Group is their funding methodology. They argue that previous attempts at commercial space projects have had a dependency on revenue and subsidies from government agencies, but that they have a funding plan that would be viable through capitalizing on commercial markets such as solar power satellites.