How Space Factories Are Becoming A Reality

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  • เผยแพร่เมื่อ 8 พ.ค. 2024
  • Space offers a unique environment for research and development because its higher levels of radiation, microgravity and near vacuum-less state allow companies to come up with new manufacturing methods or materials that are not possible on Earth. It's a fledgling market that analysts and several startups are predicting will take off. The market for materials manufactured in space could reach $10 billion by 2030, according to estimates from McKinsey & Co. In-space manufacturing is not entirely new. The International Space Station has hosted several experiments from academics, government agencies and commercial customers for things such as growing human tissue, making purer semiconductors and developing new or better drugs. But access to the ISS has always been competitive and interest continues to grow. A number of space startups see an opportunity to fill this gap for in-space manufacturing demand using compact space factories.
    CNBC spoke with two such companies, California-based Varda Space Industries and UK-based Space Forge, to see how the startups hope to make manufacturing in space a profitable business.
    Chapters:
    00:00 - Introduction
    02:23 - Varda Space Industries
    08:20 - Space Forge
    12:45 - What's next?
    Produced, Shot and Edited by: Magdalena Petrova
    Camera: Andrew Evers
    Animation: Jason Reginato
    Supervising Producer: Jeniece Pettitt
    Additional Footage: Getty Images, NASA, Varda Space Industries,
    Space Forge, Rocket Lab
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    How Space Factories Are Becoming A Reality

ความคิดเห็น • 413

  • @CassidyListon
    @CassidyListon 8 หลายเดือนก่อน +34

    Imagine how good Heisenberg Blue will be when it's made in space.

  • @cinemaipswich4636
    @cinemaipswich4636 8 หลายเดือนก่อน +51

    They made glass beads that were "bubble jetted" in a vacuum, under micro-gravity. Having and exact size bead on a glass slide is very handy for microscopes. Millions of them in a small vial.

    • @dennisbarker5986
      @dennisbarker5986 8 หลายเดือนก่อน +3

      Those micro spheres could also make opals . Now I need a space opal

    • @sortasurvival5482
      @sortasurvival5482 8 หลายเดือนก่อน +2

      Are they like a rypert drop? Would they explode dangerously if sufficiently broken?

  • @cafer12098
    @cafer12098 8 หลายเดือนก่อน +224

    The European continent desperately needs a reusable rocket company, a lot of academics in Europe do space stuff and their only way up is Rocket lab or SpaceX.

    • @anydaynow01
      @anydaynow01 8 หลายเดือนก่อน +31

      They can probably set up a Mediterranean Starbase and pay SpaceX to send up rockets for them pretty easy. Way cheaper than developing a rocket of their own. Either that or go for the holy grail and lease land for an equatorial Starbase in Kenya.

    • @michasasak1609
      @michasasak1609 8 หลายเดือนก่อน +7

      @@anydaynow01, that's some good thinking. Elon is a simp for state money so we could just give him a couple of hundreds of millions for opening a new Starbase and he would probably do it. But the question is, would the price per launch be higher than in Texas or stay the same. The contract should stipulate a maximum price per kg launched for at least 10 years. So we either have some time to catch up to the Americans or are at least able to launch what we want into space for that period of time.

    • @merrymachiavelli2041
      @merrymachiavelli2041 8 หลายเดือนก่อน +25

      @@anydaynow01 Currently, lots of ESA missions launch from French Guyana, which is closer to the equator.

    • @Epiderm91
      @Epiderm91 8 หลายเดือนก่อน +4

      ​@@michasasak1609and why would he agree to a price cap? It is essentially a monopoly, he can set the price as high as he wants...else he won't do it...

    • @rock3tcatU233
      @rock3tcatU233 8 หลายเดือนก่อน +1

      Europe is dead, the future of the space industry belongs somewhere else.

  • @RidiculousRocketry
    @RidiculousRocketry 8 หลายเดือนก่อน +230

    I started watching this with the intention of mocking it or poking holes in it. After watching and doing additional research I was surprised at the progress and sound basis for the business. Also very impressed with CEO Will Bruey.

    • @koiyujo1543
      @koiyujo1543 8 หลายเดือนก่อน +7

      yes same

    • @magnetospin
      @magnetospin 8 หลายเดือนก่อน +20

      CNBC documentaries are usually better than expected.

    • @unicorn12345
      @unicorn12345 8 หลายเดือนก่อน +4

      I’m glad they didn’t mention Vera Space.

    • @faikerdogan2802
      @faikerdogan2802 8 หลายเดือนก่อน +2

      Same

    • @stevechance150
      @stevechance150 8 หลายเดือนก่อน +6

      They lost my respect at 5:39 when they started discussing how this technology could possibly be used to extend Merck's patents on their cancer drug. Profits above all else, even relieving human suffering.

  • @suyashjoshi8061
    @suyashjoshi8061 8 หลายเดือนก่อน +21

    Kudos to these people making futuristic bets, space science & tech is the next big revolution!

  • @codingportfolio7760
    @codingportfolio7760 8 หลายเดือนก่อน +13

    Our highschool rocketry team just took a tour of the SpaceX California facilities. It is most definitely a factory. They are pumping out rockets like iPhones.

    • @janeblogs324
      @janeblogs324 8 หลายเดือนก่อน +1

      Did they teach you how much methane rocket fuel each launch requires just to put 100kg in space?

    • @TheMagicJIZZ
      @TheMagicJIZZ 8 หลายเดือนก่อน +2

      ​@@janeblogs324it's mostly oxygen

    • @PongoXBongo
      @PongoXBongo 8 หลายเดือนก่อน +1

      @@janeblogs324That methane is going to be burned anyway. Might as well use it to forward humanity.

  • @FreudianSlipDK
    @FreudianSlipDK 8 หลายเดือนก่อน +5

    I used to do IT work for the local sheriff.
    They straight up said that the red tape to get a relight ticket thrown out was so convoluted and deliberately obtuse that even for the officers it wasn't and option to get it thrown out.
    The quote I heard from the guy in charge of the program was "i would rather pay your ticket than go through that process".
    Never underestimate the greed of far off corporations

    • @themedicalmarvels
      @themedicalmarvels 8 หลายเดือนก่อน

      What?

    • @FreudianSlipDK
      @FreudianSlipDK 8 หลายเดือนก่อน +3

      @@themedicalmarvels lol sorry. This was meant for a completely different video. No idea how it ended up here other than bad UI design in the android app :)

  • @tycooperaow
    @tycooperaow 8 หลายเดือนก่อน +84

    This would be game changing for humanity

    • @w3whq
      @w3whq 8 หลายเดือนก่อน +2

      I agree!

    • @pepsiman9840
      @pepsiman9840 8 หลายเดือนก่อน +4

      not really

    • @koiyujo1543
      @koiyujo1543 8 หลายเดือนก่อน

      yes it would do you even know how much better it is and game-changing micro or zero-G is compare to what is down here?!@@pepsiman9840

    • @w3whq
      @w3whq 8 หลายเดือนก่อน +1

      lol@@pepsiman9840

    • @sankang9425
      @sankang9425 8 หลายเดือนก่อน

      @@JulianKazmier-vo3fn 'Humanity' has always been led by the riches.

  • @ambition112
    @ambition112 8 หลายเดือนก่อน +52

    0:01: 🚀 In-space manufacturing is a growing market with potential for significant growth in the future.
    2:50: 🚀 Varda is using a spacecraft made of three main components to autonomously manipulate materials in space for protein crystallization, which can improve drug formulations and delivery.
    5:37: 💼 Varda aims to revolutionize drug manufacturing by conducting it in space, offering potential financial returns and retaining patent rights.
    8:08: 🚀 Space Forge aims to manufacture more efficient semiconductors using materials like gallium nitride and silicon carbide.
    10:45: 🚀 Space Forge plans to use in-space manufacturing to produce semiconductors and other materials, with the potential to disrupt multiple industries.
    13:22: 💼 Varda and Space Forge are working on manufacturing in space, but face challenges in reentry and FDA approval, and don't expect initial profit from manufacturing.
    Recap by Tammy AI

    • @lawrencefrost9063
      @lawrencefrost9063 8 หลายเดือนก่อน

      Thanks.

    • @sankang9425
      @sankang9425 8 หลายเดือนก่อน +2

      Damn. AI recaps.

    • @TonyEllen990
      @TonyEllen990 8 หลายเดือนก่อน

      Dude, you're everywhere! I saw you on that Sabine Hossenfelder Faster than Light video. Thanks for your hard work.

    • @ArjunSharma-gy1eq
      @ArjunSharma-gy1eq 7 หลายเดือนก่อน +2

      ​@@TonyEllen990it's an AI

  • @shmookins
    @shmookins 8 หลายเดือนก่อน +66

    Humans are awesome.
    I can't imagine what the world will be like in 2170 when so much of our current nascent projects and industries will be fully fledged by then.

    • @danielwhyatt3278
      @danielwhyatt3278 8 หลายเดือนก่อน +12

      That is of course if we’re still ok by then.

    • @-_James_-
      @-_James_- 8 หลายเดือนก่อน +7

      in 2170 the world will be... emptier.

    • @segurosincero4057
      @segurosincero4057 8 หลายเดือนก่อน +3

      @@-_James_-yep. Population crash is inevitable.

    • @krox477
      @krox477 8 หลายเดือนก่อน +5

      We have to solve climate change

    • @kevinfernandez9999
      @kevinfernandez9999 8 หลายเดือนก่อน

      ​@@krox477 no

  • @TyDyck
    @TyDyck 8 หลายเดือนก่อน +4

    I want more coverage and content like this

  • @itsallaguesswork6685
    @itsallaguesswork6685 8 หลายเดือนก่อน +25

    so just using space to prevent a drug from entering public domain, that’s innovative

    • @grundewa
      @grundewa 8 หลายเดือนก่อน +12

      Capitalism finds a way ❤

    • @user-un8tv1pp8m
      @user-un8tv1pp8m 8 หลายเดือนก่อน +7

      Space, adding a gram of hazelnut to the vat, making another form and colour pill....
      people who want to keep earning bilions in revenue get creative af.

  • @johnlacey3857
    @johnlacey3857 8 หลายเดือนก่อน +2

    0:50 “near vacuum-less state”...??? Come on CNBC, get with it!

  • @Wildboy789789
    @Wildboy789789 8 หลายเดือนก่อน +4

    weird that this story ignores the 1 leader in the space, Redwire... redwire has this same crystal manufacturing facility on the ISS right now, and a 3d printer making cardiac material for a human heart, robotic arms, roll out solar panels, and much more

  • @RTL_CSQ
    @RTL_CSQ 8 หลายเดือนก่อน +11

    This must be an error at 1:53, saying that the number of patents referring to microgravity has increased "tenfold per year between 2010 and 2020". Google patents lists 193 patents containing "microgravity" filed in 2010, which would imply over 1 trillion such patents were filed this year.

    • @skygge1006
      @skygge1006 8 หลายเดือนก่อน +8

      10x more in 2020 than 2010.

    • @gabrieldarcy9067
      @gabrieldarcy9067 8 หลายเดือนก่อน +8

      Yeah, I think they meant to say tenfold between 2010 and 2020, rather than per year. English doesn't seem to be that guys native language, so it was probably just a mistranslation.

    • @rw1355
      @rw1355 8 หลายเดือนก่อน

      Math guy

  • @jtgd
    @jtgd 8 หลายเดือนก่อน +3

    Imagine space station based meant for food, medicine, manufacturing and resource refining, all from space stations constructing it in space.
    It’s the future!

    • @trojanthedog
      @trojanthedog 8 หลายเดือนก่อน

      See Gerard K O'Neil.

    • @mikecromaticm2896
      @mikecromaticm2896 8 หลายเดือนก่อน

      Phineas and Ferb ice cream factory

  • @gotskilsudont2149
    @gotskilsudont2149 8 หลายเดือนก่อน +3

    This is hilarious because I am writting a scifi story that does just that. EPIC that I was literaly writing it this morning that exact detail. Honestly just to be able to weld without equipement is freaking huge

    • @jayhill224
      @jayhill224 8 หลายเดือนก่อน

      writers are oracles of the future 😊

  • @wyntoncolter1067
    @wyntoncolter1067 8 หลายเดือนก่อน +4

    This is very fascinating to me simply because of the shortages.

  • @PetrGladkikh
    @PetrGladkikh 8 หลายเดือนก่อน +12

    11:51 material for ~900k semiconductor devices per mission. And mission costs ... how much? Say $20M. That is tens of dollars per device in some of the required materials only, not the cost of production. Those must be some _very_ high margin devices...

    • @hkgamma
      @hkgamma 8 หลายเดือนก่อน +4

      Yes, but as more and more will use space for manufacturing, the mission cost will decrease A LOT. This happens with all new things.

    • @PetrGladkikh
      @PetrGladkikh 8 หลายเดือนก่อน

      @hkgamma this will not happen here. There is no magic solution to lift things into orbit without burning many tons of fuel.

    • @hkgamma
      @hkgamma 8 หลายเดือนก่อน

      @@PetrGladkikhNot yet.

    • @gamers-xh3uc
      @gamers-xh3uc 8 หลายเดือนก่อน

      @@PetrGladkikh well not now but there could be a time where we could get materials from the moon or able to capture asteroids from near earth or passing by like aphophis so well when it comes to this you need to think a lot of factors also we can use 3D printers to make capsules to send back to earth and keep a permanent mini factory in earth orbit

  • @segurosincero4057
    @segurosincero4057 8 หลายเดือนก่อน +1

    The French guy with the big hair reminds me of Giorgio Tsoukalos from Ancient Aliens.

  • @lawrencefrost9063
    @lawrencefrost9063 8 หลายเดือนก่อน +1

    They manufacture an old cancer medicine in space due to the lack of gravity and near vacuum being a pristine and sublime environment for crystal formation, allowing for the new, better version of this cancer medicine to be implemented in a easier method for the patients, saving time and money and effort for them and for the doctors.
    Did I got that right?

  • @BeGunNer
    @BeGunNer 8 หลายเดือนก่อน +3

    Both are really awesome!

  • @polipop1113
    @polipop1113 8 หลายเดือนก่อน

    @0:42 love that zero gravity hair

  • @mikeofalltrades3933
    @mikeofalltrades3933 8 หลายเดือนก่อน +24

    Unless it becomes more than animations and stock footage, I remain highly sceptical that this will be ready by the early 2030's. Also the manufacturing will be limited by space & launch costs.

    • @7xig
      @7xig 8 หลายเดือนก่อน +4

      except for the part where it's gonna be like a handful of launches, and then they plan on replicating it on earth, so no more launches, this means the cost is gonna offset over time, it's not repetitive sustained launches

    • @planetsec9
      @planetsec9 8 หลายเดือนก่อน +20

      Varda's first capsule is literally in LEO right now waiting on FAA approval for reentry since FAA handles space launch and entry

    • @tomsriver2838
      @tomsriver2838 8 หลายเดือนก่อน +8

      Did you even watch the video or you just came straight to the comment section?

    • @7xig
      @7xig 8 หลายเดือนก่อน +7

      @@tomsriver2838 youve got it spot on tbh, the stuff in this guys comment makes no sense if you finish the video, or at least pay attention

    • @mikeofalltrades3933
      @mikeofalltrades3933 8 หลายเดือนก่อน

      @@tomsriver2838 what do you think? Did I?

  • @mentalizatelo
    @mentalizatelo 8 หลายเดือนก่อน +2

    Brilliant production.

  • @mest8589
    @mest8589 8 หลายเดือนก่อน

    This is absolutely motivating and promising

  • @user-qq1ms5hc9o
    @user-qq1ms5hc9o 8 หลายเดือนก่อน +1

    Gosh, I love humanity . Both are really awesome!.

  • @bigchunk1
    @bigchunk1 7 หลายเดือนก่อน +1

    I imagine the shipping costs would be pretty high.

  • @gimps3937
    @gimps3937 8 หลายเดือนก่อน +6

    Good piece CNBC!

  • @philippprezewowsky90
    @philippprezewowsky90 8 หลายเดือนก่อน +17

    Gosh, I love humanity ❤

    • @Mcfunface
      @Mcfunface 8 หลายเดือนก่อน +8

      I love half of humanity. The other half we have to babysit in order to not end all life lol

    • @philippprezewowsky90
      @philippprezewowsky90 8 หลายเดือนก่อน

      @@Mcfunface true :D

    • @MikAnimal
      @MikAnimal 8 หลายเดือนก่อน +1

      This video has almost nothing to do with humanity

    • @MikAnimal
      @MikAnimal 8 หลายเดือนก่อน +2

      I would argue that their motive proves opposite to anything good about humanity. For example their target whale for this is pharmaceuticals and they are most lucrative because of low ethical and moral conduct. This is a race for more profit and investment money. Nothing in this screams or seems to resemble something to love about humanity.

    • @yuddler
      @yuddler 8 หลายเดือนก่อน +1

      spoken like a true alien

  • @Sq7Arno
    @Sq7Arno 5 หลายเดือนก่อน

    Neat potential efficiency boost for semiconductors. That said - It will eventually make a lot of sense to eventually move many supercomputers used for modelling, neural net compute, etc. off planet. Anywhere a relatively small query leads to heavy computation resulting in a relatively small result and latency is less of an issue.

  • @namanish450
    @namanish450 8 หลายเดือนก่อน

    Can't wait to see "Made in LEO" on the box of my new CPU in a few years!

  • @northamericanintercontinen3207
    @northamericanintercontinen3207 8 หลายเดือนก่อน +9

    I just hope that they develop these amazing amazing concepts in a manner that ensures pollution doesn’t rain back to earth

    • @phillipjones4279
      @phillipjones4279 8 หลายเดือนก่อน +1

      These space craft burn up in the atmosphere

    • @batsukamuro
      @batsukamuro 8 หลายเดือนก่อน +1

      Or interfere with other satellites or future launches.

    • @jacobjones630
      @jacobjones630 8 หลายเดือนก่อน

      HAHAHA

    • @tracy419
      @tracy419 8 หลายเดือนก่อน +1

      ​@@phillipjones4279true, but as it burns, those chemicals are released into the atmosphere.
      So while chunks aren't hitting people, there's still the potential problem over time of harm as these things build up.
      While I don't think it means we should stop, it's certainly something to take into consideration and work to reduce.

    • @phillipjones4279
      @phillipjones4279 8 หลายเดือนก่อน +1

      @@tracy419 do you understand what the term parts per billion?
      Every breath you take has trace elements, but they have such a small amount that they don’t affect you. We are talking about a few hundred pounds of metal spread out over a continent and 60 miles of atmosphere
      Let’s say it takes 500 miles to break up times 60 miles of air with a width of 20 miles that’s a hundred pounds of metal spread out over 600,000 cubic MILES of air
      That’s .00016 pounds of metal every cubic mile - there is a lot of air in a cubic mile

  • @Tk1NE
    @Tk1NE 8 หลายเดือนก่อน +1

    Yeah it’s the last frontier we as Mankind haven’t yet fully screwed up. Let’s put up more space assets up there. Kessler syndrome’s is a mere fallacy. Great one 👍 Humanity. We are the best and wisest.

  • @oldpain7625
    @oldpain7625 8 หลายเดือนก่อน +1

    I like the 'Made in Space' trademark. But technically everything can say that.

  • @grahamjones5400
    @grahamjones5400 8 หลายเดือนก่อน

    Im hoping for the day when Amazon/SpaceX/Virgin Galatic space soldiers get into lazer gun battles, just like in the James Bond Moonraker film.

  • @madregular
    @madregular 8 หลายเดือนก่อน

    reminds me of that metal "ufo" piece held by the US Army that was supposedly built in space.

  • @TheyCallMePDub
    @TheyCallMePDub 5 หลายเดือนก่อน

    A lot of these founders seem so young! Inspiring stuff

  • @momirmilosavljevic7063
    @momirmilosavljevic7063 8 หลายเดือนก่อน +1

    Vector Space Biosciences is at the top this game!

  • @Atipat12
    @Atipat12 6 หลายเดือนก่อน

    AWESOME CNBC ++++++++++++++++

  • @charlelduck5497
    @charlelduck5497 8 หลายเดือนก่อน +1

    Thank SpaceX for that… A great American company

  • @novoscorp7275
    @novoscorp7275 8 หลายเดือนก่อน +1

    Excellent video. 🙂

  • @nicholas11121
    @nicholas11121 7 หลายเดือนก่อน

    This is so much hot gas it could send the ceo to space.

  • @jasonpark1556
    @jasonpark1556 8 หลายเดือนก่อน

    Mark: Hey Bill
    Bill: Hey Mark
    Mark: Headed to work?
    Bill: Yeah
    Mark: Cool, where are you stationed today
    Bill: Venus
    Mark: Wowcha

  • @catman4859
    @catman4859 8 หลายเดือนก่อน

    Look, space is the next frontier.

  • @meikgeik
    @meikgeik 8 หลายเดือนก่อน +7

    13:42 the guy literally talking about how they're trying the best way to dodge taxes. Gotta love tech bros.

  • @EarthCreature.
    @EarthCreature. 8 หลายเดือนก่อน +1

    Rocket Lab is amazing

  • @ruyuchen2378
    @ruyuchen2378 8 หลายเดือนก่อน +2

    Satellite lunching capacities by Starship will make the type of the space factories very much possible and affordable !

    • @jameskelly3502
      @jameskelly3502 8 หลายเดือนก่อน +2

      Maybe, BIG Maybe.
      Don't count chickens before they hatch.

    • @justcallmebrian793
      @justcallmebrian793 8 หลายเดือนก่อน +2

      @@jameskelly3502 It is still possible with falcon 9 rockets, they nearly launch rocket every week.

    • @jameskelly3502
      @jameskelly3502 8 หลายเดือนก่อน +1

      @justcallmebrian793 My comment was specifically about Starship. I never suggested Falcon 9 couldn't.

    • @TheMagicJIZZ
      @TheMagicJIZZ 8 หลายเดือนก่อน

      ​@@jameskelly3502why wouldn't it not work?
      It's just for launching satellites?
      You know the funny thing about starship is reusability and crewed versions. People forget it's expendable if you want. And that means deep space missions don't need to focus on the same lunar Lander costs
      I'm sure full reusability will work but it's not completely necessary for every mission

    • @jameskelly3502
      @jameskelly3502 8 หลายเดือนก่อน

      @TheMagicJIZZ They said the exact same thing about the space shuttle back in the 70s.

  • @jamesroy791
    @jamesroy791 8 หลายเดือนก่อน +1

    Making drugs for the UTLTRA ULTRA RICH got to love it

  • @unkatom
    @unkatom 8 หลายเดือนก่อน

    Lets raise the costs of pharmaceuticals-what could possibly cost more?

  • @samatwood6425
    @samatwood6425 8 หลายเดือนก่อน

    Development of new pharmaceuticals as well as worldwide access to life saving drugs is inherently limited by private pharmaceutical companies

  • @534N69
    @534N69 8 หลายเดือนก่อน +1

    “The hotter a semi conductor gets the worst it performs” is not true at all
    It needs to heat up to perform better, yes it needs an optimal temperature and overheating it’ll stop itself
    But it needs to be hotter for max power

  • @disneylandguy10
    @disneylandguy10 8 หลายเดือนก่อน

    When I think about those pharamceuticals in space all I think about is how a single pill will probably be so laughably expensive

  • @Aesfb-1688
    @Aesfb-1688 8 หลายเดือนก่อน

    Apple thinking about making iPhones in space after this video

  • @Perempt_
    @Perempt_ 8 หลายเดือนก่อน

    the guy's hair is anti gravity 😂

  • @batsukamuro
    @batsukamuro 8 หลายเดือนก่อน +12

    I wonder how will this affect space pollution around Earth. If things continue as is not only will we accelerate the likelihood of mission failure for subsequent launches of this nature. It could jeopardize potential future missions away from Earth. Are there any considerations for this?

    • @jameskelly3502
      @jameskelly3502 8 หลายเดือนก่อน +14

      Space debris is mostly a problem caused by mid to high orbit vehicles that will spend years or decades in orbit.
      If the intention is for the vehicle to be in LEO for only a few months, then pollution becomes far less of an issue.
      This is because any debris will reenter the atmosphere much, much sooner.

    • @brycemorris5384
      @brycemorris5384 8 หลายเดือนก่อน +4

      Responsible end of life for space missions has been part of curriculum for aerospace engineers for some time now, at least in the US. It is also federally regulated. I believe all missions must now either have enough fuel to deorbit and burn up or push to a "graveyard orbit" where they will not obstruct or interfere

  • @chiquita683
    @chiquita683 8 หลายเดือนก่อน +1

    So smart. The problem for manufacturing is the carbon emissions but if we move the factories to space the emissions just go somewhere else and save the earth. Love this

    • @themsuicjunkies
      @themsuicjunkies 8 หลายเดือนก่อน +5

      You know that chemical propulsion does a lot of harm to the atmosphere, right?

  • @RosscoAW
    @RosscoAW 8 หลายเดือนก่อน +12

    Varda's entire business case is predicated on how utterly immoral and unethical the preexisting privatized healthcare system dominant in America is, which is definitely something I'm super duper keen on investing in. Like, what... American boomers really do go out of their way to prove how utterly morally bankrupt they are like it's some kind of flex, I swear.

    • @CausticLemons7
      @CausticLemons7 8 หลายเดือนก่อน

      Are pharma companies outside of America not large and profitable?

    • @thanhavictus
      @thanhavictus 8 หลายเดือนก่อน +1

      @@CausticLemons7 It's less so. They still hold monopolies, but the amount of leverage they can get away with in the US via captive markets is actually insane.
      Insulin is one of those issues. There's good reason why insulin is so expensive in the US, but in the UK the NIH negotiates the price and thanks to the fact that they are the only sole buyer, they can have leverage. Meanwhile, the richest country in the world, the US, has people sharing their last supply of insulin just so they can make rent

    • @CausticLemons7
      @CausticLemons7 8 หลายเดือนก่อน +1

      @@thanhavictus Not disagreeing but you didn't answer my question. Outside of the US, are there pharmaceutical companies that are both relatively large and profitable? If that statement is true then Vardas business model still has potential. Regardless of all that, if space manufacturing can improve human medicine then I believe it is worthwhile anyway.

    • @honkhonk8009
      @honkhonk8009 8 หลายเดือนก่อน +2

      @@thanhavictus Its not like that. Yall pay for health insurance through taxes. Your government negotiates the prices.
      We pay health insurance through insurance companies. Insurance companies negotiates the prices.
      If your not with a company, then the prices are often times insane.
      The problem with American pharmaceuticals like insulin isnt because of the privatization model.
      Its because the FDA enforces litteral monopolies.
      Right now, insulin companies game the patent system so they can perpetualyl release the same product and hold the patents, while making it impossible to have generic alternatives.
      Same with eveyr other drug.
      I am not kidding when i say this, if the FDA was abolished and patents were fixed, American medication would be the cheapest in the world.
      Negotiating medication prices is still goofy. Even in countries with universal healthcare.
      If you think the American military is wastefull with its funding, imagine how wastefull a universal healthcare system would be in America.

  • @Atipat12
    @Atipat12 6 หลายเดือนก่อน

    AMAZING 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

  • @br.m
    @br.m 2 หลายเดือนก่อน

    So the Drugs Satellite from that video game is finally a reality

  • @Atipat12
    @Atipat12 6 หลายเดือนก่อน

    TIME TO #MARS !!!!
    🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

  • @HappyLearner-jb7jp
    @HappyLearner-jb7jp หลายเดือนก่อน

    What if all factories, trash and pollution is take away from earth? Imagine the nature and beauty we will restore!

  • @Fellowtellurian
    @Fellowtellurian 7 หลายเดือนก่อน

    "Guys guys guys, let' see multiplantary!" Society "Ummm, maybe let's focus on maintaining this planet first."

  • @unknownperson8541
    @unknownperson8541 8 หลายเดือนก่อน

    It would be awesome if anyone were able to build a (or multiple) Death Star ⭐⭐⭐🤩🤩🤩

  • @lazarusblackwell6988
    @lazarusblackwell6988 4 หลายเดือนก่อน +1

    I will help mankind realize its potential.

  • @Simplicity4711
    @Simplicity4711 8 หลายเดือนก่อน +1

    Varda is quite close naming to Varta... 🤔

  • @1981Frederick
    @1981Frederick 8 หลายเดือนก่อน

    find that suprising that talk about a 70 employees compagny (Varda) then a 15 employes (space forge) but don't mention Redwire (well, half a sentence, just saying they exist) which have over 700 employe is a public traded enterprise having product already sold like deployable solar panel like the irosa on iss, that can be sold on satelite with a 3d printer to print the solar panel boom in space, and is also working on bioprinting in space or in pharma.

  • @push935
    @push935 8 หลายเดือนก่อน

    If the pharmaceutical industry is lucrative enough to deal with distribution costs and drug development in space, you know we have a problem.
    IMO, 90% of health issues and chronic diseases could be avoided if people stopped eating processed foods. People underestimate how much processed foods they actually eat and they also underestimate the health consequences associated with its consumption in the long and short term. Not to mention people are addicted to it and don’t care enough about their health to actually try cutting it out of their life. The 20 minutes of pleasure they get from eating pizza and burgers outweighs the cancer and cardiovascular disease they’ll get from it down the road which is just sad.
    I relearned to enjoy the flavor of simple fresh ingredients. Fruits and vegetables actually taste delicious when you’re not habitually overstimulated by processed foods that are created for maximum enjoyment.

  • @BipinBabu101
    @BipinBabu101 8 หลายเดือนก่อน

    Is ISRO a talented space organization? Have they done any space missions?

  • @walkerpaulp6526
    @walkerpaulp6526 8 หลายเดือนก่อน

    I don't understand these technologies improvements all I know is they're doing something in space
    I love everything about CNBC your music voices particularly Magdalena your voice is awesome

  • @kanoho2803
    @kanoho2803 7 หลายเดือนก่อน

    Why haven’t we incorporated robotics with the iss yet?

  • @johnnyp5216
    @johnnyp5216 4 หลายเดือนก่อน +1

    Great. Keytruda can now make me throw up in my doctor’s office or in my home instead of a hospital…That is definitely worth keeping the price at 5,000 instead of $1. I’ll save the money and sit in the hospital, thanks.

  • @bristoled93
    @bristoled93 8 หลายเดือนก่อน

    Using rockets to get into space is far too expensive, we need to build an Orbital ring so we can all get into space cheaply.

    • @gabrieldarcy9067
      @gabrieldarcy9067 8 หลายเดือนก่อน

      That would be wildly expensive and require pretty much every government on Earth working in perfect harmony. Doubt we'll see that in our lifetimes!

    • @bristoled93
      @bristoled93 8 หลายเดือนก่อน

      It's not as expensive as you think, I point to the ISS as what can be done when humanity works together and puts the money into something big, an orbital ring is just a bigger version of the ISS, it would be a big project.@@gabrieldarcy9067

  • @mariofeathers4194
    @mariofeathers4194 8 หลายเดือนก่อน

    Have you seen the movie "Rampage" ?
    How about "They Live" ?

  • @ajaypappan7961
    @ajaypappan7961 8 หลายเดือนก่อน

    The world has to move on to Type 1 Civilization, for humanity to survive

  • @whocares995
    @whocares995 8 หลายเดือนก่อน

    with a hair like that I thought the guy was in space at the beginning

  • @JosephDent-qd9ih
    @JosephDent-qd9ih 7 หลายเดือนก่อน

    To defeat cancer it requires a innovative perspective.

  • @khurramshahzad694
    @khurramshahzad694 8 หลายเดือนก่อน

    Amazing

  • @vincentwady
    @vincentwady 8 หลายเดือนก่อน +1

    A new hype just like others.

  • @user-qq3bl6py3g
    @user-qq3bl6py3g 8 หลายเดือนก่อน

    The next big literal gold rush and a bunch of other rushes is going to happen in space. What’s rare on earth is common up there. This is how we’re gonna save ourselves from tearing up our planet and turning it into to unliveable mess

  • @darrendent8288
    @darrendent8288 8 หลายเดือนก่อน +1

    “A huge backlog of people waiting to experiment in Space”
    This sounds like a start of space horror film 👀

  • @walkerpaulp6526
    @walkerpaulp6526 8 หลายเดือนก่อน

    Love you CNBC and love your voice Magdalena

  • @outbacktrek
    @outbacktrek 8 หลายเดือนก่อน +1

  • @alien9279
    @alien9279 8 หลายเดือนก่อน +1

    Scale seems like the biggest issue. How much are you getting from each rocket launch? 🥴

    • @gamers-xh3uc
      @gamers-xh3uc 8 หลายเดือนก่อน

      Well let’s assume starship is going to be ready by then it can lift 100 metric tonnes of material to earth orbit and 900k per launch of fuel lets add a million for random stuff so I think it’s worth it 100 metric tonnes worth of microchips is a lot let’s say 20 metric tonnes of it and the rest is simply mechanical

  • @NinjaForHire
    @NinjaForHire 8 หลายเดือนก่อน

    I want my PC to have a chip from one of those super wafers they are to make in space.

    • @kitsunesenpai441
      @kitsunesenpai441 8 หลายเดือนก่อน

      Until they get one of ASML's EUV scanners fully into space, you can wait a long time for such chips.
      The EUV light source alone weighs almost 20 metric tonnes...
      The entire EUV system needs 3 fully loaded 747s - how big is the ISS again...? 🤣

  • @ADHD55
    @ADHD55 8 หลายเดือนก่อน

    Great to see US industrialise again

  • @argacc20417
    @argacc20417 8 หลายเดือนก่อน

    So it's time for Anaheim Electronics

  • @Lone432345
    @Lone432345 7 หลายเดือนก่อน

    I guess these company have never heard of Kessler Syndrome.

  • @stevenjohnson891
    @stevenjohnson891 7 หลายเดือนก่อน

    Varda is not even making sense as a business model at all. He said they have 4 experiments per year. Space forge has 750,000 samples in one flight. Varda is a middleman in drug manufacturing, increasing the price. What are they solving the executive pay crisis???

  • @greentea23ooga80
    @greentea23ooga80 8 หลายเดือนก่อน +1

    Battlecruiser operational

  • @menangomango
    @menangomango 8 หลายเดือนก่อน

    what publicly traded stocks can be invested in this industry?

  • @tristanxunger
    @tristanxunger 8 หลายเดือนก่อน

    Interesting!

  • @sat7755
    @sat7755 8 หลายเดือนก่อน +4

    Elon Musk as usual with his Space X is ready to keep costs down.

  • @daddyocool9287
    @daddyocool9287 8 หลายเดือนก่อน

    Man we can't get the tech to clean up space garbage but we can put more crap in space!!😂

  • @EyesOfByes
    @EyesOfByes 8 หลายเดือนก่อน

    Apple SpacePhone with the A69 SoC

  • @hvip4
    @hvip4 6 หลายเดือนก่อน

    1:20 $5 million won't even buy them the propellant to launch stuff into space lol

  • @theeraphatsunthornwit6266
    @theeraphatsunthornwit6266 8 หลายเดือนก่อน

    if the forge fall on my home i will sue

  • @Max_m
    @Max_m 8 หลายเดือนก่อน

    Thing is, I just don’t think there is enough room up there right now for all this. I mean people don’t realize how lots of junk has made orbit congested

    • @PongoXBongo
      @PongoXBongo 8 หลายเดือนก่อน +1

      IDK, the giant ISS is doing just fine and geostationary is like a ghost town in comparison.

    • @gamers-xh3uc
      @gamers-xh3uc 8 หลายเดือนก่อน

      there is enough room space is really big they can probably just make it in low mid earth orbit to make the station there

  • @dentonfender6492
    @dentonfender6492 5 หลายเดือนก่อน

    I love the idea of space industries. For humanity to spread into the solar system, it would be a necessity. Earth is in the midst of a large extinction where animal life has declined on average 69% just since 1970 (excluding human animals) including flying insects responsible for pollinating the flowers of our most nutritious food products. The faster we can get industry off the Earth, the better. The planet's ecosystem is suffering badly reducing the diversity of life that supports as a whole, all life on Earth including us. Moving into space along with intense conservation practices may avert disaster in the near future. M.E.G.A. Make Earth Great Again!

  • @Chris-he3lb
    @Chris-he3lb 8 หลายเดือนก่อน

    This is amazing