NewSpace: The Emerging Commercial Space Industry

Abstract: We are at a turning point in the history of space exploration and development, where new industries are being born to use space in non-traditional ways. Established state-run industrial space sector is no longer the only game in town; commercial space is becoming competitive. Many new entrepreneurial companies, such as SpaceX, Deep Space Industries, etc. are developing new markets, such as Orbital, Suborbital, and Deep Space. Together, government and private industry can facilitate the birth …