SpaceX to Launch Historic Polaris Dawn Mission Featuring the First-Ever Private Spacewalk
Team Finance Saathi
22/Aug/2024

Key Points:
First Private Spacewalk: SpaceX's Polaris Dawn mission will feature the world's first-ever private spacewalk, scheduled for the third day of the mission.
Historic Altitude: The mission aims to reach an altitude of 1,400 km, the furthest a space crew has traveled since the Apollo lunar missions.
Polaris Program: The Polaris Dawn mission is part of a three-mission program led by billionaire Jared Isaacman, who previously chartered the all-civilian Inspiration4 spaceflight.
Crew Members: The mission crew includes Jared Isaacman, Anna Menon, Sarah Gillis, and Scott Poteet — with Menon and Gillis set to become the first women to travel the farthest from Earth.
In a significant leap for commercial space exploration, SpaceX is set to launch the Polaris Dawn mission on August 27, featuring the world's first-ever private spacewalk. Announced by SpaceX CEO Elon Musk, this historic mission marks a pivotal moment in the space industry, showcasing the capabilities of private companies in conducting complex space operations previously dominated by government agencies.
SpaceX's Bold New Mission
The Polaris Dawn mission, part of a larger three-mission program, is the latest venture led by billionaire Jared Isaacman, the CEO of electronic payment company Shift4. Isaacman is no stranger to space, having previously chartered the Inspiration4 mission in 2021, the first all-civilian orbital spaceflight. Now, with SpaceX, he is pushing the boundaries of what is possible in space exploration.
The mission is set to launch aboard a Falcon 9 rocket just before dawn on August 27 from the Kennedy Space Center in Florida. The crew will be housed in SpaceX's Dragon capsule, designed to support the intense demands of space travel and the unique challenges of conducting a spacewalk.
Historic Private Spacewalk
The highlight of the Polaris Dawn mission will be the first private spacewalk, or Extravehicular Activity (EVA), scheduled for the third day of the mission. This event will be a significant milestone, as only government astronauts from the United States, Russia, the European Space Agency (ESA), Canada, and China have conducted spacewalks before. In total, 270 spacewalks have been conducted outside the International Space Station (ISS) since its inception in 2000, all using either US or Russian spacesuits. SpaceX's EVA will mark a new era of commercial space exploration, showcasing the potential for private companies to carry out complex and dangerous operations in space.
Polaris Dawn Mission Objectives
The Polaris Dawn mission has several key objectives that extend beyond the spacewalk. The first objective is to reach an altitude of 1,400 km (870 miles), which will be the furthest distance a space crew has traveled since the Apollo lunar missions. This will also make Sarah Gillis and Anna Menon the first women to travel the farthest from Earth.
The second objective is to conduct a laser communication test between the Dragon capsule and SpaceX's Starlink satellites. This experiment aims to advance communication technologies that will be crucial for future deep-space missions.
The third and perhaps most anticipated objective is the first commercial spacewalk. During this spacewalk, the astronauts will don SpaceX's first generation of spacesuits — white, futuristic suits specifically designed for this mission. The EVA will be broadcast live, allowing the world to witness this groundbreaking event as it unfolds.
The Crew and Their Journey
The Polaris Dawn crew comprises four astronauts with diverse backgrounds and extensive training. Jared Isaacman, the mission commander, is an experienced pilot and entrepreneur with a deep passion for space exploration. Anna Menon and Sarah Gillis are both SpaceX employees, bringing a wealth of technical knowledge and experience. Scott Poteet, the mission pilot, is a close friend of Isaacman and a seasoned aviator.
The crew's preparation for this mission has been intense, including over 2,000 hours of training in simulators, centrifuge sessions, scuba diving, skydiving, and even climbing the Cotopaxi volcano in Ecuador. Their rigorous training regimen reflects the challenges they will face during their mission, particularly during the spacewalk.
Also Read : India's Animation and VFX Sector Set to Grow to US$ 2.2 Billion by 2026, Reports CII GT
Future Polaris Missions
The Polaris Dawn mission is just the beginning of an ambitious three-mission program. A second similar mission is planned after this one, with the final mission being the first crewed flight on SpaceX's massive Starship rocket. This rocket is currently under development and is ultimately intended for missions to the Moon and Mars.
Jared Isaacman expressed his excitement about the mission, stating, "Someday, someone could be wearing a version of the suit as they are walking on Mars. It feels like a huge honour to have that opportunity to test it out on this flight." He also emphasized his desire for his children to witness humans walking on the Moon and Mars, saying, "We haven't even scratched the surface yet. There's so much to go out and explore and discover along the way."
Conclusion: A New Era in Space Exploration
The Polaris Dawn mission represents a new era in space exploration, where private companies like SpaceX are at the forefront of innovation and discovery. By conducting the first private spacewalk, reaching unprecedented altitudes, and testing new communication technologies, this mission sets the stage for future commercial ventures in space. As humanity continues to push the boundaries of what is possible, missions like Polaris Dawn will pave the way for the next generation of explorers, innovators, and pioneers in space exploration.
Check latest IPO Review & analysis, Live GMP today, Live Subscription Status Today, Share Price, Financial Information, latest IPO news, Upcoming IPO News before applying in the IPO. The Upcoming IPOs in this week and coming weeks are Brace Port Logistics Limited, Forcas Studio Limited, Interarch Building Products Limited. The current active IPO is Broach Lifecare (Maple) Hospital Limited, Solve Plastic Products Limited
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates
Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX & Upstox.