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 10, 2022
An inflight anomaly prevented an Astra Space rocket from delivering four small research satellites to orbit, according to NASA.
Feb 10, 2022
Hungary is inviting space experiments from Singapore to be part of the research agenda for the astronaut it will send to the International Space Station (ISS) in 2024.
Feb 09, 2022
The day after a SpaceX Falcon 9 delivered a batch of 49 Starlink satellites into orbit, a solar storm struck, causing atmospheric particles from Earth to expand into space, increasing drag on the newly launched flock. 
Feb 09, 2022
Having achieved steady progress in the areas of space technology and manufacturing, Singapore outlined a three-pronged strategy to encourage further growth in the local space sector at the Global Space & Technology Convention.
Feb 08, 2022
The investment fully funds E-Space’s Beta 1 launch of its first test satellites in March, as well as its Beta 2 launch “later” this year, the company says.
Feb 10, 2022
An inflight anomaly prevented an Astra Space rocket from delivering four small research satellites to orbit, according to NASA.
Feb 10, 2022
Hungary is inviting space experiments from Singapore to be part of the research agenda for the astronaut it will send to the International Space Station (ISS) in 2024.
Feb 09, 2022
The day after a SpaceX Falcon 9 delivered a batch of 49 Starlink satellites into orbit, a solar storm struck, causing atmospheric particles from Earth to expand into space, increasing drag on the newly launched flock. 
Feb 09, 2022
Having achieved steady progress in the areas of space technology and manufacturing, Singapore outlined a three-pronged strategy to encourage further growth in the local space sector at the Global Space & Technology Convention.
Feb 08, 2022
The investment fully funds E-Space’s Beta 1 launch of its first test satellites in March, as well as its Beta 2 launch “later” this year, the company says.
Feb 04, 2022
The UK is moving to bolster its burgeoning sustainable space sector with government funding for projects to advance capabilities ranging from situational awareness to debris removal.
Feb 04, 2022
A team including former NASA Acting Administrator Steve Jurczyk has unveiled a new business venture to develop and operate a reconfigurable robotic outpost and space tug in cislunar space, with an eye on providing payload hosting, communications, in-space transportation, remote sensing and other services to commercial and government customers, including the Defense Department.
Feb 04, 2022
Boeing says successful tests of an all-composite cryogenic fuel tank at NASA Marshall Space Flight Center clear the way for large-scale application of the lightweight technology in future spacecraft and aircraft.