JWST is likely one of the most costly scientific platforms in historical past. The whole value? $9.7 billion, unfold out over 24 years together with 5 years of operations.That could sound like quite a bit, but it surely’s simply 0.0095% of U.S. spending throughout the identical interval — primarily a single penny out of $100.“Not only are its costs spread out over more than two decades, but its total cost pales in comparison to human spaceflight projects, infrastructure spending, or even a partial border wall, writes our senior space policy advisor Casey Dreier. “Compared to the hundreds of billions of dollars the United States spends per year on defense, social, and medical safety net programs, the James Webb Space Telescope’s cost is a rounding error.”The European Space Agency, which offered the Ariane 5 rocket and two of the observatory’s 4 science devices, can pay about €700 million.The Canadian Space Agency, which contributed sensors and scientific instrumentation, can pay about CA$200 million.JWST wasn’t supposed to value this a lot. Development started in 1996, and the unique value estimate was $5 billion, with a launch in 2014.What occurred? Serious mismanagement and a scarcity of sources throughout vital early phases, in accordance to a 2010 congressionally mandated impartial evaluate.NASA restructured the mission to launch in 2018 at a complete value of $8.Eight billion. But extra technical issues and COVID-19 slowdowns raised the value tag once more and delayed launch till 2021.Scientists have been ready a very long time: “It’s been a long haul,” mentioned Heidi Hammel, an interdisciplinary scientist for the mission and the vp of The Planetary Society’s board of administrators. “I started working on this project 20 years ago before my youngest son was born, and now he is halfway through college. But now we are so close, and I’m very excited about all the things Webb will be able to do.”What comes after JWST? Possibly a telescope constructed particularly to hunt for all times on exoplanets, in accordance to the 2020 astrophysics decadal survey.But first, scientists suggest a large-scale tech improvement program to decrease the price of a possible JWST successor.