RISKS OF KESSLER SYNDROME IS HIGH AS SPACE DEBRIS ACCUMULATE
CROWDING OF EARTH’S ORBITS WOULD BE IRREVERSIBLY HAZARDOUS
2022-09-21 13:18
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With Earth’s Orbits getting crowded, the risks of Kessler syndrome – a catastrophic and irreversible chain reaction of on-orbit collisions between debris and operational satellites –is becoming high, even though according to the most recent projection by Merrill Lynch/Bank of America the space economy would grow to $2.7 by 2040, while the global commercial revenues reached an estimated $271 billion in 2020. The monetary losses in case of Kessler Syndrome have been estimated to $191.3 billion.