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

Jun 17, 2021
Supporters of establishing a commercial spaceport in Camden, Georgia, received a minor boost June 17 when the FAA issued a final environmental impact statement that endorsed the latest slimmed-down proposal as a “preferred alternative.”
Jun 16, 2021
A Hungarian information technology and telecommunications company is aiming to buy a majority stake in Israel’s Spacecom, a satellite services provider and owner-operator of the AMOS satellite fleet, for $65 million.
Jun 07, 2021
Blue Origin founder Jeff Bezos said he will be aboard for the first crewed flight of the company’s New Shepard suborbital space transportation system, along with his brother Mark, the winner of an ongoing auction and possibly up to three additional passengers.
Jun 04, 2021
United Launch Alliance is standing down from its planned June 23 launch of an Atlas V rocket with the Air Force Test Payload-3 to review a potential issue with oscillations of the booster’s upper stage engine nozzle, the company said on June 4.
Jun 04, 2021
A joint effort underway by Vandenberg Space Force Base with state and central California government and educational agencies to add commercial launch capabilities forecasts a favorable economic impact as the challenges the partnership has identified with an unfolding master plan are met.
Jun 17, 2021
Supporters of establishing a commercial spaceport in Camden, Georgia, received a minor boost June 17 when the FAA issued a final environmental impact statement that endorsed the latest slimmed-down proposal as a “preferred alternative.”
Jun 16, 2021
A Hungarian information technology and telecommunications company is aiming to buy a majority stake in Israel’s Spacecom, a satellite services provider and owner-operator of the AMOS satellite fleet, for $65 million.
Jun 07, 2021
Blue Origin founder Jeff Bezos said he will be aboard for the first crewed flight of the company’s New Shepard suborbital space transportation system, along with his brother Mark, the winner of an ongoing auction and possibly up to three additional passengers.
Jun 04, 2021
United Launch Alliance is standing down from its planned June 23 launch of an Atlas V rocket with the Air Force Test Payload-3 to review a potential issue with oscillations of the booster’s upper stage engine nozzle, the company said on June 4.
Jun 04, 2021
A joint effort underway by Vandenberg Space Force Base with state and central California government and educational agencies to add commercial launch capabilities forecasts a favorable economic impact as the challenges the partnership has identified with an unfolding master plan are met.
Jun 02, 2021
Houston-based Axiom Space has signed an agreement with SpaceX for three more private astronaut missions to the International Space Station—pending NASA approval—aboard Crew Dragon spacecraft.
May 27, 2021
Constellation operator OneWeb is to lead a consortium of UK companies in developing a next-generation beam-hopping low Earth orbit communications satellite.
May 27, 2021
The Court of Justice of the European Union has dismissed OHB System’s request to reverse the European Space Agency’s decision to exclude the company from a program creating the second generation of Galileo navigation satellites.