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

Apr 20, 2022
Astrobotic unveiled the flight model of its Peregrine lunar lander on April 20, the version that is scheduled to fly to the Moon in the fourth quarter of 2022 on a United Launch Alliance Vulcan Centaur rocket.
Apr 19, 2022
Venturi Astrolab, which last month unveiled its Flex rover family for manned Moon and Mars missions, is buying certain technologies from European electric vehicle maker Venturi Group, with which it has a “strategic partnership” and a shared name.
Apr 18, 2022
Boryung Pharmaceutical, Starburst and Axiom Space have launched a “Care in Space Challenge,” an annual competition with a $1 million shared prize to find next-generation pharmaceutical, bioscience and medical technologies to be developed in space.
Apr 15, 2022
Space tug startup TransAstra and small satellite startup ReOrbit have signed multiple contracts to study joint development projects.
Apr 15, 2022
As their nearly six-month mission to the International Space Station draws to a close, four NASA SpaceX Crew-3 astronauts praised their experience with Axiom-1, the first U.S. all-private astronaut mission to the ISS, and predicted there will be more missions to come.
Apr 20, 2022
Astrobotic unveiled the flight model of its Peregrine lunar lander on April 20, the version that is scheduled to fly to the Moon in the fourth quarter of 2022 on a United Launch Alliance Vulcan Centaur rocket.
Apr 19, 2022
Venturi Astrolab, which last month unveiled its Flex rover family for manned Moon and Mars missions, is buying certain technologies from European electric vehicle maker Venturi Group, with which it has a “strategic partnership” and a shared name.
Apr 18, 2022
Boryung Pharmaceutical, Starburst and Axiom Space have launched a “Care in Space Challenge,” an annual competition with a $1 million shared prize to find next-generation pharmaceutical, bioscience and medical technologies to be developed in space.
Apr 15, 2022
Space tug startup TransAstra and small satellite startup ReOrbit have signed multiple contracts to study joint development projects.
Apr 15, 2022
As their nearly six-month mission to the International Space Station draws to a close, four NASA SpaceX Crew-3 astronauts praised their experience with Axiom-1, the first U.S. all-private astronaut mission to the ISS, and predicted there will be more missions to come.
Apr 14, 2022
Capella Space has unveiled new software features that automate analysis of images captured by its synthetic aperture radar satellite constellation.
Apr 13, 2022
Air Corsica’s management team sees its recently obtained approval to adopt satellite technology as the future for landing on challenging runways.
Apr 11, 2022
The Defense Innovation Unit has released a request for information seeking commercial on-orbit satellite refueling and bulk fuel depot ideas as part of its “RAPIDS Refueling and Fuel Depot” project.