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

May 10, 2023
Vast, SpaceX Plan Commercial Space Station As Soon As 2025
Vast and SpaceX plan to launch a commercial space station, named Haven-1, as soon as August 2025.
Aerospace Daily & Defense Report
May 09, 2023
Astroscale, Momentus Offer Space Robot To Boost Hubble
Astroscale U.S. and Momentus have submitted a joint bid to boost NASA’s Hubble space telescope to a higher orbit using a robotic spacecraft.
Aerospace Daily & Defense Report
May 09, 2023
Space Economy May Spur Medicine, Health Advances, Experts Say
The prospect is based on still-maturing research underway aboard the ISS and Earth-based research and technology labs.
Aerospace Daily & Defense Report
May 09, 2023
Virgin Orbit Fields Dozens Of Buyout Schemes
Bids are due in U.S. bankruptcy court later this month.
Aerospace Daily & Defense Report
May 08, 2023
Momentus Vigoride Space Tug Uses Water-Based Thruster To Raise Orbit
Momentus’ Vigoride-5 space tug has raised its orbit using its microwave electrothermal thruster, a propulsion system that uses distilled water as a propellant.
Aerospace Daily & Defense Report
May 10, 2023
Vast, SpaceX Plan Commercial Space Station As Soon As 2025
Vast and SpaceX plan to launch a commercial space station, named Haven-1, as soon as August 2025.
Aerospace Daily & Defense Report
May 09, 2023
Astroscale, Momentus Offer Space Robot To Boost Hubble
Astroscale U.S. and Momentus have submitted a joint bid to boost NASA’s Hubble space telescope to a higher orbit using a robotic spacecraft.
Aerospace Daily & Defense Report
May 09, 2023
Space Economy May Spur Medicine, Health Advances, Experts Say
The prospect is based on still-maturing research underway aboard the ISS and Earth-based research and technology labs.
Aerospace Daily & Defense Report
May 09, 2023
Virgin Orbit Fields Dozens Of Buyout Schemes
Bids are due in U.S. bankruptcy court later this month.
Aerospace Daily & Defense Report
May 08, 2023
Momentus Vigoride Space Tug Uses Water-Based Thruster To Raise Orbit
Momentus’ Vigoride-5 space tug has raised its orbit using its microwave electrothermal thruster, a propulsion system that uses distilled water as a propellant.
Aerospace Daily & Defense Report
May 08, 2023
NASA, Axiom Space Press Ahead With Commercializing LEO
While much of NASA’s future human exploration focus falls toward deep space, the agency is not turning its back on low Earth orbit.
Aerospace Daily & Defense Report
May 08, 2023
Virgin Galactic Targets Late May Return To Suborbit
Virgin Galactic plans to return to space later this month with a fully crewed test flight of the refurbished SpaceShipTwo spaceplane VSS Unity.
Aerospace Daily & Defense Report
May 06, 2023
Crew Dragon Redock Makes Way For ISS Private Astronaut, Cargo Missions
The SpaceX Crew Dragon switched ISS docking ports May 6 to make room for Axiom Space’s second private astronaut mission and a later a SpaceX cargo mission.
Aerospace Daily & Defense Report