There has been a paradigm shift in the way logistics is perceived. the future calls for gravity defying logistics. Logistics was considered as a mundane activity but it will be an amalgamation of frontier technologies like robotics, aerospace technology and artificial intelligence.
Ever imagined how the world has shaped up in past 100 years. The milestones of progress that we have traversed so far, herald bigger things on the horizon. Some of these accomplishments were unimaginable a century back. Sometimes “subtle” and at times “notable”, the technological advances made, paves way for the next revolution of mankind’s quest for a better tomorrow. 1961 The first manned space mission
2000 International Space Station (ISS) made permanently habitable and continues till date
2012 Curiosity lands on Mars. Drives 10 miles on the surface, sends 200,000 images
2018 SpaceX launches Tesla Roadster into space
The world is not enough, sky’s the limit! It seems delusional. So were electricity, aeroplane, internet and cell phones a few decades back. As it is rightfully said, that existence and nurturing of life on earth is a temporary phenomenon. At every interval, life was exterminated from earth. It is also true that earth has finite resources, reserves and over exploitation of the same might bring about irreversible changes to the ecosystem. Soon we will reach a point where we have to start procuring these resources from other sources like near earth objects, asteroids and planets in order to satiate our ever increasing demand. Call it an existential threat or pure economic need we have to move out. After all we are nomads of the cosmos.
What does the outer space hold for us? The global gross domestic product stood at $77.99 trillion in 2017. The most valuable known asteroid is worth about 15 quintillion which is 192283 times our current global GDP. 16 Psyche, an asteroid has a surface which is 90 percent iron and it’s valued at $10,000 quadrillion. That volume and value of iron will be enough to satiate our thirst for many decades provided we could exploit that resource.
This story is from the May - June 2018 edition of Indian Transport & Logistics News.
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This story is from the May - June 2018 edition of Indian Transport & Logistics News.
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