SpaceX’s successful booster recovery, is not just very impressive, but could also dramatically reduce the cost of launching items into orbit. Don’t pull the trigger on that summer vacay to Mars quite yet, but there are some exciting possibilities for space-based manufacturing now on the table.
There are four key areas that this could impact: precision lenses, drugs, fiber optics, and quantum computing. Each of these areas would benefit from being manufactured in a gravity-free environment. Lenses would get finer precision. The drug industry would be able to grow longer, more complex proteins. Creating fiber optic cables would be much more efficient. Quantum computing would get error-free crystal growth.
Each of these industries would see massive leaps and advancements, but the price needs to be right. So, we’re moving in the right direction, but still have some space – hah – for improvement. And further down the road, there is a potential for setting a 3D printing facility to manufacture space infrastructure while in orbit, which could change space travel forever. Let’s not get over our skis though.