A $1000 Tiny Personal Satellite

If you ever read any old magazines, you might be surprised at how inexpensive things used to be. A U.S. postage stamp was six cents, a gallon of gas was $0.34, and the same amount of milk was $1.07. Everything is relative, though. The average household income back then was under $8,000 a year (compared to over $53,000 a year in 2014). So as a percentage of income, that milk actually cost about seven bucks.

The same is true of getting into orbit. Typical costs today just to get something into orbit has gone from–no pun intended–astronomical, to pretty reasonable. Lifting a pound of mass on the Space Shuttle cost about $10,000. On an Atlas V, it costs about $6,000. A Falcon Heavy (when it launches) will drop the cost to around $1,000 or so. Of course, that’s just the launch costs. You still have to pay for whatever you want to put up there. Developing a satellite can be expensive. Very expensive.

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