Financing the Race to Space: How to Value, Invest, and Explore the Universe

Author:   Armen V. Papazian
Publisher:   Springer International Publishing AG
ISBN:  

9783031731044


Pages:   260
Publication Date:   12 January 2026
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Financing the Race to Space: How to Value, Invest, and Explore the Universe


Overview

This book examines the monetary and financial foundations for actively pursuing outer space exploration, development, and settlement. It offers the keys to unlocking the massive investment programs needed to invent, manufacture, deploy, and maintain the new habitats of the future.  The book discusses what is currently holding us back and how we can transcend our limitations. It addresses the shortcomings of our financial value framework, financial mathematics, and monetary architecture and introduces the key transformations necessary to unleash our spatial potential. An unprecedented discussion at the intersection of finance and outer space, it is a must-read for policymakers, industry leaders, entrepreneurs, bankers, and investors.

Full Product Details

Author:   Armen V. Papazian
Publisher:   Springer International Publishing AG
Imprint:   Palgrave Macmillan
ISBN:  

9783031731044


ISBN 10:   3031731042
Pages:   260
Publication Date:   12 January 2026
Audience:   Adult education ,  Further / Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Chapter 1: Introduction.- Part I: Economy, Space, Outer Space, and Human Impact.- Chapter 2: The New Outer Space Economy.- Chapter 3: Space and Outer Space.- Chapter 4: Human Impact On Space.- Part II: The Chains Of Risk and Time.- Chapter 5: Spaceless Financial Value Framework.- Chapter 6: Spaceless Financial mathematics.- Chapter 7: Spaceless Debt-Based Monetary Architecture.- Part III: Muzzle, Leash, and Whip in Space.- Chapter 8: Calendar Time: A Muzzle in Space.- Chapter 9: Monetary Gravity: A Leash in Space.- Chapter 10: Monetary Hunger: A Whip in Space.- Part IV: Breaking Risk and Time.- Chapter 11: Introducing Space.- Chapter 12: Respecting Space.- Chapter 13: Valuing Space.- Chapter 14: Monetising Space.- Part V: Institutional and Policy Transformations in Space.- Chapter 15: US Debt Ceiling to Wealth Floor.- Chapter 16: UK New Outer Space Deal.- Chapter 17: Conclusion.

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Author Information

Armen V. Papazian is a financial economist (PhD, University of Cambridge) and the author of Hardwiring Sustainability into Financial Mathematics and The Space Value of Money.

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