Financing the Race to Space: How to Value, Invest, and Explore the Universe

"Financing the Race to Space is a masterful work that challenges and inspires. Armen V. Papazian's book is a must-read for policymakers, investors, and anyone with a keen interest in the future of space exploration. It is a testament to the power of visionary thinking and a significant contribution to the discourse on sustainable space development."

-Alderman Professor Michael Mainelli, The Right Honourable The Lord Mayor of London, City of London Corporation

"Financing the Race to Space is an inspiring and ground-breaking blueprint for the future of space exploration. Blending visionary thinking with practical financial innovation, it offers transformative insights into funding sustainable space ventures and provides the tools and guidance needed to propel humanity's most ambitious space endeavors. Papazian redefines the financial paradigm necessary for our leap into the cosmos. Essential and enlightening, a must-read for C-suite executives, investors, and policymakers."

- Karlton D. Johnson, CEO and Chairman of the Board of Governors, National Space Society

"Investors, wisely advised by our members who understand the precepts that Dr Papazian covers so well in his work, stand to reap the responsible rewards."

- Tracy Vegro OBE, CEO, The Chartered Institute for Securities & Investment

"An extraordinary book that serves us and future generations with realism and optimism."

- Adrian Webb, Founder and Director, Space Value Foundation

"A thought provoking and fresh way to look at finance and economics with a set of ideas that deserve wider debate."

-Dr. Gillian Tett OBE, Provost, King's College Cambridge University, Editorial Board Member, Financial Times

This seminal book examines the monetary and financial foundations necessary for outer space exploration, development, and settlement. It addresses the shortcomings of our financial value framework, financial mathematics, and monetary architecture, and introduces the transformations required to unlock the massive investment programs needed to invent, manufacture, deploy, and maintain the new habitats of the future.

Armen V. Papazian is a financial economist (PhD, University of Cambridge) and the author of Hardwiring Sustainability into Financial Mathematics and The Space Value of Money.