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

Feb 25, 2021
Weather service startup ClimaCell on Feb. 24 declared its intent to launch and operate a constellation of small satellites in the coming years to power its aspiration of becoming “the largest weather enterprise in the world.”
Feb 24, 2021
NASA is reviewing updated proposals from three companies vying for funding to continue development of human lunar landing systems for the Artemis program and expects to select two programs for Option A follow-on contracts “within the next few weeks,” Mark Kirasich, deputy associate administrator for human exploration and operations, said on Feb. 24.
Feb 23, 2021
The buildup of Launch Complex 36 (LC36) at Cape Canaveral Space Force Station for Blue Origin’s upcoming New Glenn reusable orbital booster is nearing completion, Scott Henderson, vice president of test and flight operations, said Feb. 23.
Feb 23, 2021
Aireon’s space-based Automatic Dependent Surveillance-Broadcast system is to be used to monitor helicopter operations off Norway’s coastline.
Feb 23, 2021
Redwire, a busy private equity funded space rollup, announced Feb. 23 it had acquired Deployable Space Systems, a provider of deployable solar arrays, structures and mechanisms for space applications.
Feb 25, 2021
Weather service startup ClimaCell on Feb. 24 declared its intent to launch and operate a constellation of small satellites in the coming years to power its aspiration of becoming “the largest weather enterprise in the world.”
Feb 24, 2021
NASA is reviewing updated proposals from three companies vying for funding to continue development of human lunar landing systems for the Artemis program and expects to select two programs for Option A follow-on contracts “within the next few weeks,” Mark Kirasich, deputy associate administrator for human exploration and operations, said on Feb. 24.
Feb 23, 2021
The buildup of Launch Complex 36 (LC36) at Cape Canaveral Space Force Station for Blue Origin’s upcoming New Glenn reusable orbital booster is nearing completion, Scott Henderson, vice president of test and flight operations, said Feb. 23.
Feb 23, 2021
Aireon’s space-based Automatic Dependent Surveillance-Broadcast system is to be used to monitor helicopter operations off Norway’s coastline.
Feb 23, 2021
Redwire, a busy private equity funded space rollup, announced Feb. 23 it had acquired Deployable Space Systems, a provider of deployable solar arrays, structures and mechanisms for space applications.
Feb 23, 2021
After delays due to a launch failure and the COVID-19 crisis, Avio is proceeding with the development of an upgraded version of its light launcher, Vega C, planning on a three-year transition over 2021-24.
Feb 22, 2021
Hayley Arceneaux, a physician assistant at St. Jude Children’s Research Hospital and pediatric cancer survivor, will fly along with entrepreneur and pilot Jared Isaacman on a chartered SpaceX Crew Dragon flight.
Feb 20, 2021
Northrop Grumman’s 15th NASA contracted resupply mission to the International Space Station (ISS) was on track to rendezvous with the six-person…