Commercial Space

The commercial space market, also known as the private space industry or NewSpace, is experiencing strong growth. This burgeoning sector encompasses activities such as satellite manufacturing, space tourism, rocket launches, satellite services and space exploration initiatives driven by private companies. Players like SpaceX and Blue Origin on the launch side, or Planet and Maxar with their in-orbit satellite constellations are revolutionizing the industry, making space more accessible and cost-effective. The demand for satellite internet, Earth observation, and space-based services has fueled investments and technological advancements. With the rise of reusable rockets, commercial crew missions, and ambitious plans for space mining and Mars colonization, the commercial space market is poised for exponential growth, promising exciting developments and opportunities into the future. 

News & Analysis

Nov 01, 2024
The new constellation will expand cellular service for Apple users, Globalstar disclosed in a filing with the Securities and Exchange Commission on Nov. 1.
Nov 01, 2024
SpaceX’s Starship booster “catch” at the launchpad wowed the space world, but big hurdles remain to launching humans to Mars in 2028.
Oct 31, 2024
The New Mexico-based company is developing high-altitude platform station (HAPS) airships that fly for long durations in the stratosphere.
Oct 31, 2024
The Space RCO is one of three acquisition agencies under the U.S. Space Force and headquartered at Kirtland AFB, New Mexico.
Oct 29, 2024
Surviving and operating during the harsh lunar night is the top concern.
Nov 01, 2024
The new constellation will expand cellular service for Apple users, Globalstar disclosed in a filing with the Securities and Exchange Commission on Nov. 1.
Oct 31, 2024
The New Mexico-based company is developing high-altitude platform station (HAPS) airships that fly for long durations in the stratosphere.
Oct 31, 2024
The Space RCO is one of three acquisition agencies under the U.S. Space Force and headquartered at Kirtland AFB, New Mexico.
Oct 28, 2024
The Seal Beach, California-based company aims to mine asteroids for valuable minerals at a lower cost and with a smaller carbon footprint than mining on Earth.
Oct 25, 2024
The satellites, BlueBirds 1-5, were launched in September.
Oct 25, 2024
The Indian government has approved plans for a space investment fund, saying it has earmarked INR10 billion ($118 million) to the effort on a multiyear basis.
Oct 21, 2024
Intelsat has lost power on one of its satellites serving Europe, Africa and some of Asia-Pacific, and it will likely be unable to recover the spacecraft.
Oct 18, 2024
The company, which has about 700 employees, cut about 30 jobs, but is hiring for about 55 positions.