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 26, 2022
Capella Space has raised $97 million through a Series C financing round that it plans to spend on further developing its automated image analysis software and next-generation satellites.
Apr 25, 2022
A prolonged, privately financed mission to the International Space Station (ISS) ended on April 25 with the return of a SpaceX Crew Dragon capsule chartered by Houston-based Axiom Space.
Apr 21, 2022
Planet Labs has unveiled its next constellation of 32 Earth observation satellites, the Pelican fleet, which will provide images with up to 30 cm of resolution and improved revisit rates.
Apr 21, 2022
Weather concerns off the Florida coast have prompted new delays in the planned return to Earth of Axiom-1 from the International Space Station and the follow-on launch of NASA’s Crew-4 SpaceX Dragon Freedom to the ISS, NASA and Axiom Space announced late April 20.
Apr 21, 2022
NASA selected six U.S. satellite communications providers on April 20 to develop and demonstrate near-Earth space communication services to support future agency missions as part of the Communications Services Project.
Apr 26, 2022
Capella Space has raised $97 million through a Series C financing round that it plans to spend on further developing its automated image analysis software and next-generation satellites.
Apr 25, 2022
A prolonged, privately financed mission to the International Space Station (ISS) ended on April 25 with the return of a SpaceX Crew Dragon capsule chartered by Houston-based Axiom Space.
Apr 21, 2022
Planet Labs has unveiled its next constellation of 32 Earth observation satellites, the Pelican fleet, which will provide images with up to 30 cm of resolution and improved revisit rates.
Apr 21, 2022
Weather concerns off the Florida coast have prompted new delays in the planned return to Earth of Axiom-1 from the International Space Station and the follow-on launch of NASA’s Crew-4 SpaceX Dragon Freedom to the ISS, NASA and Axiom Space announced late April 20.
Apr 21, 2022
NASA selected six U.S. satellite communications providers on April 20 to develop and demonstrate near-Earth space communication services to support future agency missions as part of the Communications Services Project.
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.