India put a satellite in orbit around Mars for a fraction of what NASA spent

India can rightly feel proud of itself today as its Mangalyaan “MOM” satellite mission successfully entered orbit around Mars. In the process, the country has broken at least three records, including being the first Asian nation to reach the red planet and being the first country to get to Mars on the first attempt. Third on that list of achievements is that the project is one of the cheapest exploration projects in recent history, costing just $72 million – pocket change compared to NASA’s $670 million MAVEN probe and the $2 billion Curiosity Rover. India’s Prime Minister, Narendra Modi, has even quipped that it cost less to launch the satellite than it cost to make the movie Gravity.

Impressive. What are we doing so wrong?