NASA’s declining budget may lead to private collaboration

Global Business

It has been 45 years since NASA put the first two astronauts on the moon. NASA has faced recent budget cuts, and experts say the U.S. needs a new global mission to stay relevant.

According to Dr. Wallace Fowler, the Texas Space Grant director, “there may be an asteroid out there big enough to hurt a city or maybe kill civilization out there as whole.”

To accomplish an earth-saving mission of this sort, NASA’s tight budget may be expanded through private collaboration.

CCTV America’s Ginger Vaughn reports.

Follow Ginger Vaughn on Twitter @GingerVaughnTV

NASA\'s declining budget may lead to private collaboration

It has been 45 years since NASA put the first two astronauts on the moon. NASA has faced recent budget cuts, and experts say the U.S. needs a new global mission to stay relevant.

Steve Bochinger, the Chief Operating Officer at Euroconsult, joined Biz Asia America to talk about why we should care about space exploration.

Why invest in space exploration?

Steve Bochinger, the Chief Operating Officer at Euroconsult, joined Biz Asia America to talk about why we should care about space exploration.