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首页> 外文会议>IAF Symposium on Commercial Spaceflight Safety Issues;International Astronautical Congress >HOW TO BUILD A SPACEPORT: ANALYZING SPACEPORT FEASIBILITY VIA FINANCIAL ANALYSIS
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HOW TO BUILD A SPACEPORT: ANALYZING SPACEPORT FEASIBILITY VIA FINANCIAL ANALYSIS

机译：如何构建Spaceport：通过财务分析分析Spaceport可行性

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Policymakers around the world-from Hawaii and Georgia to Scotland and Portugal-are weighing whether to build their own commercial spaceports. A spaceport requires significant investment of public funds, which can be risky considering there is already an overcapacity of launch sites in comparison to launch demand. To study this issue, a literature review and financial analysis of U.S. spaceports was performed to understand how spaceports are constructed and operated, and whether a commercial spaceport is a feasible and sustainable business prospect. This paper summarizes a literature review and creates a methodology for performing a financial analysis of a commercial spaceport by using the Virginia Commercial Space Flight Authority (VCSFA) as a test case. The financial analysis of VCSFA showed that the spaceport in question relies on public funding to remain profitable, which may not be surprising given that a spaceport at its core an infrastructure investment. This work shows that calling a spaceport "commercial" is a bit of a misnomer because these "commercial" spaceports are typically run by state agencies that receive significant public investment. In addition, the analysis shows that the VCSFA is still in the startup phase, characterized by operating losses, so it is too soon to tell whether this spaceport can be a feasible and sustainable business. This initial financial analysis shows that investing in a spaceport is a long-term commitment that may not have direct financial returns on investment but may have corollary benefits. While the commercial space industry is growing significantly, it remains to be seen whether launch demand will change significantly to justify the construction of additional spaceports when there is already an overcapacity of launch sites.
机译：世界各地的政策制定者 - 从夏威夷和格鲁吉亚到苏格兰和葡萄牙 - 正在衡量是否建造自己的商业铲子。 Spaceport需要大量的公共资金投资，这可能会考虑到已经存在的发射网站的超现有化与推出需求相比。为研究这个问题，对美国的文献综述和财务分析进行了展望，以了解Spaceports是如何构建和运营的，以及商业Spaceport是可行和可持续的商业前景。本文总结了通过使用弗吉尼亚商业空间飞行权（VCSFA）作为测试用例来培养文献综述，并创造了对商业Spaceport进行财务分析的方法。 VCSFA的财务分析表明，据核心核心基础设施投资的Spaceport，所涉及的缺乏盈利的问题依赖于公共资金仍然令人惊讶。这项工作表明，调用Spaceport“商业”是一点错误的，因为这些“商业”Spaceports通常由接受大量公共投资的国家机构运行。此外，分析表明，VCSFA仍处于启动阶段，其特征在于经营损耗，因此判断此Spaceport是否可以是可行和可持续的业务。这个初步的财务分析表明，投资Spaceport是一个长期承诺，可能没有投资的直接财政回报，但可能具有必效。虽然商业空间行业正在显着增长，但仍有待观察到推动需求将在发射网站的产能过剩时致力于建设额外的铲球。

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