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

Dec 03, 2020
European Bank Marks Foray Into New-Space Investing With Spire
The European Investment Bank, the long-term lending institution of the European Union, announced Dec. 3 that it could invest up to €20 million ($24.3 million) in Spire Global, a Luxembourg-registered nanosatellite operator for cloud-enabled data analytics, marking the European institution’s first direct new-space venture.
Aerospace Daily & Defense Report
Dec 03, 2020
Axiom Space Grows Commercial Space Station Architecture
Axiom Space, selected by NASA to berth the first element of an eventual commercial low Earth orbit-crewed free flyer at the International Space Station (ISS) in 2024, has significantly upgraded the architecture of its planned Axiom Station, providing an initial four-person crew capability.
Aerospace Daily & Defense Report
Dec 02, 2020
First Space Station 3D-Manufactured Ceramic Component Produced
Made In Space’s Turbine Ceramic Manufacturing Module has manufactured a ceramic component in space.
Aerospace Daily & Defense Report
Dec 01, 2020
ESA Signs Contract For Active Debris Removal Mission
The European Space Agency (ESA) has signed an €86 million ($100 million) contract with an industrial team led by Swiss start-up company ClearSpace for the provision of a debris removal service.
Aerospace Daily & Defense Report
Dec 01, 2020
Telesat, Loral To Combine As New Publicly Traded Telesat Corp.
After years of discussions, Canada’s Telesat and Loral Space & Communications will combine to form a new publicly traded Canadian company called Telesat Corp., the companies announced.
Aerospace Daily & Defense Report
Dec 03, 2020
European Bank Marks Foray Into New-Space Investing With Spire
The European Investment Bank, the long-term lending institution of the European Union, announced Dec. 3 that it could invest up to €20 million ($24.3 million) in Spire Global, a Luxembourg-registered nanosatellite operator for cloud-enabled data analytics, marking the European institution’s first direct new-space venture.
Aerospace Daily & Defense Report
Dec 03, 2020
Axiom Space Grows Commercial Space Station Architecture
Axiom Space, selected by NASA to berth the first element of an eventual commercial low Earth orbit-crewed free flyer at the International Space Station (ISS) in 2024, has significantly upgraded the architecture of its planned Axiom Station, providing an initial four-person crew capability.
Aerospace Daily & Defense Report
Dec 02, 2020
First Space Station 3D-Manufactured Ceramic Component Produced
Made In Space’s Turbine Ceramic Manufacturing Module has manufactured a ceramic component in space.
Aerospace Daily & Defense Report
Dec 01, 2020
ESA Signs Contract For Active Debris Removal Mission
The European Space Agency (ESA) has signed an €86 million ($100 million) contract with an industrial team led by Swiss start-up company ClearSpace for the provision of a debris removal service.
Aerospace Daily & Defense Report
Dec 01, 2020
Telesat, Loral To Combine As New Publicly Traded Telesat Corp.
After years of discussions, Canada’s Telesat and Loral Space & Communications will combine to form a new publicly traded Canadian company called Telesat Corp., the companies announced.
Aerospace Daily & Defense Report
Dec 01, 2020
Virgin Orbit Targets December For Second Launch Attempt
Virgin Orbit will make a second attempt to reach orbit with the air-dropped LauncherOne small satellite rocket on Dec. 19, with backup launch windows available later in the month in the event of a delay.
Aerospace Daily & Defense Report
Nov 27, 2020
Billionaire Scottish Landowners Invest in Shetland Spaceport
The space launch ambitions of the Shetland Islands have been given an additional boost with investment from a Scottish conservation fund, but the cash injection appears to have prompted a war of words between competing space ports.
Aerospace Daily & Defense Report
Nov 25, 2020
SpaceX Hits New Milestone For Booster Reuse
SpaceX has marked its 100th Falcon 9 launch with a record seventh reflight of a first-stage booster, a mission that increased the company’s burgeoning Starlink broadband network to more than 950 satellites.
Aerospace Daily & Defense Report