Basic Space Innovation explores the dawn of a new era in business, driven by the groundbreaking advancements in space technology that are set to redefine our future. This book delves into the rapidly expanding commercial space industry and the increasing investments by nations worldwide to build their space capabilities. The race to establish permanent human presence on Mars is just the beginning. Discover how space innovation is unlocking unprecedented insights into our planet, revolutionizing communication networks, and pioneering breakthroughs in material science and biomedicine that could reshape technology and combat diseases. The book also examines how access to extraterrestrial resources might address critical shortages in energy and raw materials, offering solutions to some of humanity's most pressing challenges.