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 03, 2021
Sat-based 5G Service Startup Omnispace Lands $60M In VC Omnispace, a Washington, D.C.-area startup aiming to provide satellite-based 5G connectivity for the Internet of Things market, announced a $60 million venture capital round and looks to enter service by the end of 2022.
Feb 03, 2021
Fresh off finally achieving a successful test launch and aiming for daily launches of small satellites, Astra will become a publicly traded company after a takeover by a special purpose acquisition company (SPAC) backed by veteran telecommunications entrepreneur Craig McCaw.
Feb 02, 2021
Jeff Bezos, one of the richest people ever and founder of the category-killing online business Amazon, said he will hand over the CEO title to Andy Jasse and become executive chairman of the business behemoth.
Feb 02, 2021
After a spat with the FAA over an incomplete safety assessment prior to a previous Starship test, SpaceX launched another Starship upper-stage prototype from Boca Chica Beach, Texas, on Feb. 2, reaching an altitude of 32,800 ft. (10 km) and demonstrating flight control during subsonic re-entry before the vehicle crashed at landing.
Feb 01, 2021
The founder and CEO of e-commerce platform Shift4 Payments is chartering a SpaceX Crew Dragon flight for himself and three passengers, part of a fundraiser and public outreach for St. Jude Children’s Research Hospital and a business opportunity for a Shift4 entrepreneur.
Feb 03, 2021
Sat-based 5G Service Startup Omnispace Lands $60M In VC Omnispace, a Washington, D.C.-area startup aiming to provide satellite-based 5G connectivity for the Internet of Things market, announced a $60 million venture capital round and looks to enter service by the end of 2022.
Feb 03, 2021
Fresh off finally achieving a successful test launch and aiming for daily launches of small satellites, Astra will become a publicly traded company after a takeover by a special purpose acquisition company (SPAC) backed by veteran telecommunications entrepreneur Craig McCaw.
Feb 02, 2021
Jeff Bezos, one of the richest people ever and founder of the category-killing online business Amazon, said he will hand over the CEO title to Andy Jasse and become executive chairman of the business behemoth.
Feb 02, 2021
After a spat with the FAA over an incomplete safety assessment prior to a previous Starship test, SpaceX launched another Starship upper-stage prototype from Boca Chica Beach, Texas, on Feb. 2, reaching an altitude of 32,800 ft. (10 km) and demonstrating flight control during subsonic re-entry before the vehicle crashed at landing.
Feb 01, 2021
The founder and CEO of e-commerce platform Shift4 Payments is chartering a SpaceX Crew Dragon flight for himself and three passengers, part of a fundraiser and public outreach for St. Jude Children’s Research Hospital and a business opportunity for a Shift4 entrepreneur.
Feb 01, 2021
Virgin Galactic is targeting Feb. 13 for the next flight test of SpaceShipTwo, the six-passenger, two-pilot spacecraft designed for privately operated, suborbital flight services.
Feb 01, 2021
Rocket startup BluShift Aerospace launched its inaugural commercial mission Jan. 31, claiming the titles of the first commercial launch of a rocket with a “bio-derived” fuel and the first commercial launch from Maine.
Jan 29, 2021
Space Force Cancels Blue Origin, Northrop LSA Contracts Irene Klotz, [email protected] As expected, Blue Origin and Northrup Grumman—losing contenders in the U.S. Space Force’s National Security Space Launch Phase 2 procurement—have had their precursor Launch Service Agreements canceled, the Space and Missile Systems Center confirmed on Jan. 29.