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

Apr 08, 2022
Diverse Axiom-1 R&D Seeks To Boost Space Economy
The Ax-1 astronauts will kick off more than two dozen wide-ranging scientific research and technology development activities with value to life on Earth as well as nurturing the space economy.
Aerospace Daily & Defense Report
Apr 08, 2022
Sidus Space Sees Red Ink Grow in First Annual Financial Results
Sidus Space, a Cape Canaveral startup proffering the LizzieSat—a partially additively manufactured, 100-kg. (220-lb.) low-Earth-orbit satellite—reported 2021 financial results that showed net loss more than doubled while revenue decreased from 2020.
Apr 07, 2022
Lift Aircraft Awarded USAF Contract For More eVTOL Test Flights
Lift Aircraft has been awarded a Phase 3 contract by the U.S. Air Force’s Agility Prime program to continue experimentation and flight tests of its single-seat HEXA electric vertical takeoff and landing aircraft.
Aerospace Daily & Defense Report
Apr 07, 2022
Space Force Tracking On-Orbit Refueling Progress For NSSL Phase 3
The U.S. Space Force is tracking the development of on-orbit maneuvering and refueling in the commercial industry to inform how the technology could shape its plans for future national security launches.
Aerospace Daily & Defense Report
Apr 07, 2022
Accenture Takes Stake In Orbital Experiment Software Provider
Major consultancy Accenture on April 6 said it made an unspecified investment in Titan Space Technologies, which is proffering software in support of in-orbit experiments and demonstrations, starting with adaptive immune response, carbon capture and biomedical applications.
Aerospace Daily & Defense Report
Apr 08, 2022
Diverse Axiom-1 R&D Seeks To Boost Space Economy
The Ax-1 astronauts will kick off more than two dozen wide-ranging scientific research and technology development activities with value to life on Earth as well as nurturing the space economy.
Aerospace Daily & Defense Report
Apr 08, 2022
Sidus Space Sees Red Ink Grow in First Annual Financial Results
Sidus Space, a Cape Canaveral startup proffering the LizzieSat—a partially additively manufactured, 100-kg. (220-lb.) low-Earth-orbit satellite—reported 2021 financial results that showed net loss more than doubled while revenue decreased from 2020.
Apr 07, 2022
Lift Aircraft Awarded USAF Contract For More eVTOL Test Flights
Lift Aircraft has been awarded a Phase 3 contract by the U.S. Air Force’s Agility Prime program to continue experimentation and flight tests of its single-seat HEXA electric vertical takeoff and landing aircraft.
Aerospace Daily & Defense Report
Apr 07, 2022
Space Force Tracking On-Orbit Refueling Progress For NSSL Phase 3
The U.S. Space Force is tracking the development of on-orbit maneuvering and refueling in the commercial industry to inform how the technology could shape its plans for future national security launches.
Aerospace Daily & Defense Report
Apr 07, 2022
Accenture Takes Stake In Orbital Experiment Software Provider
Major consultancy Accenture on April 6 said it made an unspecified investment in Titan Space Technologies, which is proffering software in support of in-orbit experiments and demonstrations, starting with adaptive immune response, carbon capture and biomedical applications.
Aerospace Daily & Defense Report
Apr 07, 2022
SpinLaunch Signs Space Act Demo; Teases More Customers, Partners
SpinLaunch, which conducted its first test flight from its Suborbital Accelerator at Spaceport America last October, has signed a Space Act agreement with NASA to demonstrate its lofting system this year.
Aerospace Daily & Defense Report
Apr 07, 2022
Funds Raised By Space Startups In 2021 Double To $15.4 Billion
Startup space companies raised $15.4 billion in total financing in 2021, double the amount raised in 2020.
Aerospace Daily & Defense Report
Apr 06, 2022
Orbital Reef Passes Milestone Toward 2023 Design Review
The Blue Origin and Sierra Space-led consortium developing the Orbital Reef commercial space station says it is on track to conduct the preliminary design review of the low Earth orbit outpost in 2023 following completion of the systems requirements review.
Aerospace Daily & Defense Report