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

Jul 28, 2021
Rocket Lab intends to return its Electron small satellite launcher into commercial service as early as July 29 following an accident two months ago.
Jul 28, 2021
German satellite launch startup Isar Aerospace has secured $75 million from investors which include Porsche, the majority owner of the Volkswagen automobile company.
Jul 22, 2021
The same day Blue Origin made its first human spaceflight, sending four passengers into suborbital space, the Federal Aviation Administration issued new FAA Commercial Space Astronaut Wings eligibility requirements.
Jul 20, 2021
Korean Air and Seoul National University have been commissioned by the Republic of Korea Air Force to explore using the Boeing 747-400 passenger aircraft for an air launch system, similar to Virgin Orbit's LauncherOne.
Jul 20, 2021
The 10-min. suborbital spaceflight on July 20 marks the first time a crewed spacecraft made a debut flight without test pilots, test engineers or professional astronauts aboard.
Jul 28, 2021
Rocket Lab intends to return its Electron small satellite launcher into commercial service as early as July 29 following an accident two months ago.
Jul 28, 2021
German satellite launch startup Isar Aerospace has secured $75 million from investors which include Porsche, the majority owner of the Volkswagen automobile company.
Jul 22, 2021
The same day Blue Origin made its first human spaceflight, sending four passengers into suborbital space, the Federal Aviation Administration issued new FAA Commercial Space Astronaut Wings eligibility requirements.
Jul 20, 2021
Korean Air and Seoul National University have been commissioned by the Republic of Korea Air Force to explore using the Boeing 747-400 passenger aircraft for an air launch system, similar to Virgin Orbit's LauncherOne.
Jul 20, 2021
The 10-min. suborbital spaceflight on July 20 marks the first time a crewed spacecraft made a debut flight without test pilots, test engineers or professional astronauts aboard.
Jul 19, 2021
Jeff Bezos and three other passengers are set to launch on the company’s first human mission on July 20.
Jul 15, 2021
An 18-year-old student on a gap year before college will join Jeff Bezos, his brother Mark Bezos and aviation pioneer Wally Funk on Blue Origin’s first human spaceflight, slated to launch on July 20, the company said on July 15.
Jul 11, 2021
SpaceShipTwo Unity glided to a landing at 9:32 am on July 11 after successfully providing a six-member crew, including Virgin Galactic founder Richard Branson, a few minutes of weightlessness in space.