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

Mar 22, 2022
Northrop Offering Mission Extension Capability To Government
Northrop Grumman’s Space Logistics is trying to let the U.S. Space Force know that it could extend the lives of older geosynchronous satellites or potentially add new capabilities to them.
Aerospace Daily & Defense Report
Mar 22, 2022
War In Ukraine Boosts Business For Satellite Services, SpaceX
One of a growing number of unintended consequences of Russia’s invasion of Ukraine is a boost in business for the space industry.
Aerospace Daily & Defense Report
Mar 21, 2022
Rocket Lab To Launch Prototypes For Greg Wyler’s E-Space
E-Space, a startup founded by space communications entrepreneur Greg Wyler, has signed a contract with Rocket Lab to launch three demonstration satellites aboard an Electron rocket in the second quarter of 2022.
Aerospace Daily & Defense Report
Mar 21, 2022
Space-Based SAR Services Startup Ursa Space Lands Series C Funding
Ursa Space, a satellite-based synthetic-aperture-radar services startup, said March 21 it raised $16 million in Series C venture capital.
Aerospace Daily & Defense Report
Mar 21, 2022
Viasat, Inmarsat Promise To Grow UK Jobs And Spend 30% More In R&D
Viasat and Inmarsat, the U.S. and UK satellite-based services providers, have promised the British government they will boost overall research and development spending there by 30% after their proposed merger.
Aerospace Daily & Defense Report
Mar 22, 2022
Northrop Offering Mission Extension Capability To Government
Northrop Grumman’s Space Logistics is trying to let the U.S. Space Force know that it could extend the lives of older geosynchronous satellites or potentially add new capabilities to them.
Aerospace Daily & Defense Report
Mar 22, 2022
War In Ukraine Boosts Business For Satellite Services, SpaceX
One of a growing number of unintended consequences of Russia’s invasion of Ukraine is a boost in business for the space industry.
Aerospace Daily & Defense Report
Mar 21, 2022
Rocket Lab To Launch Prototypes For Greg Wyler’s E-Space
E-Space, a startup founded by space communications entrepreneur Greg Wyler, has signed a contract with Rocket Lab to launch three demonstration satellites aboard an Electron rocket in the second quarter of 2022.
Aerospace Daily & Defense Report
Mar 21, 2022
Space-Based SAR Services Startup Ursa Space Lands Series C Funding
Ursa Space, a satellite-based synthetic-aperture-radar services startup, said March 21 it raised $16 million in Series C venture capital.
Aerospace Daily & Defense Report
Mar 21, 2022
Viasat, Inmarsat Promise To Grow UK Jobs And Spend 30% More In R&D
Viasat and Inmarsat, the U.S. and UK satellite-based services providers, have promised the British government they will boost overall research and development spending there by 30% after their proposed merger.
Aerospace Daily & Defense Report
Mar 19, 2022
Scout Raises Bridge Financing For Satellite Situational Awareness
After releasing its satellite computer vision and guidance software in January, Scout has raised an undisclosed bridge round of financing led by venture capital firm Decisive Point.
Aerospace Daily & Defense Report
Mar 18, 2022
Aquarian Space Raises Seed Funds For Lunar Satellite Comms Relay
Aquarian Space raised $650,000 in seed capital to fund development of a lunar satellite communications relay network.
Aerospace Daily & Defense Report
Mar 16, 2022
Commercial Space Situational Awareness Market Expected To Grow
Driven by exponential growth in the number of proposed satellites in low Earth orbit and beyond this decade, investors and entrepreneurs are eyeing commercial-oriented space situational awareness (SSA) as a growth sector worthy of new investments, entrants and partnerships.
Aerospace Daily & Defense Report