This paper examines the technical and economic feasibility of interste
llar exploration. Three candidate interstellar propulsion systems are
evaluated with respect to technical viability and compared on an estim
ated cost basis. Two of the systems, the laser-propelled lightsail (LP
L) and the particle-beam propelled magsail (PBPM), appear to be techni
cally feasible and capable supporting one-way probes to nearby star sy
stems within the lifetime of the principal investigators, if enough en
ergy is available. The third propulsion system, the antimatter rocket,
requires additional proof of concept demonstrations before its feasib
ility can be evaluated. Computer simulations of the acceleration and d
eceleration interactions of LPL and PBPM were completed and spacecraft
configurations optimized for minimum energy usage are noted. The opti
mum LPL transfers about ten percent of the laser beam energy into kine
tic energy of the spacecraft while the optimum PBPM transfers about th
irty percent. Since particle beam generators are roughly twice as ener
gy efficient as large lasers, the PBPM propulsion system requires roug
hly one-sixth the busbar electrical energy a LPL system would require
to launch an identical payload. The total beam energy requirement for
an interstellar probe mission is roughly 10(20) joules, which would re
quire the complete fissioning of one thousand tons of Uranium assuming
thirty-five percent powerplant efficiency. This is roughly equivalent
to a recurring cost per flight of 3.0 Billion dollars in reactor grad
e enriched uranium using today's prices. Therefore, interstellar fligh
t is an expensive proposition, but not unaffordable, if the nonrecurri
ng costs of building the powerplant can be minimized.