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The Apollo program is estimated to have generated a ROI of $7-8 for every dollar spent by NASA. Today NASA has a budget of around $20 billion but they generate
by Merad 3y ago
The Apollo program is estimated to have generated a ROI of $7-8 for every dollar spent by NASA. Today NASA has a budget of around $20 billion but they generate $70 billion in economic output.
0: https://nss.org/settlement/nasa/spaceresvol4/newspace3.html https://nss.org/settlement/nasa/spaceresvol4/newspace3.html
1: https://thehill.com/opinion/technology/3721375-how-much-does-nasa-return-to-the-american-economy/ https://thehill.com/opinion/technology/3721375-how-much-does...
- cubefox 3y agoI do not understand how this ROI was calculated. What, exactly, is the economic use case for NASA technology?
- Merad 3y agoI suspect that you're drastically underestimating the breadth of the technology that NASA deals with. https://en.m.wikipedia.org/wiki/NASA_spinoff_technologies https://en.m.wikipedia.org/wiki/NASA_spinoff_technologies