Last month we talked about different launch opportunities starting from stratospheric balloons and various platforms to orbital launches and space tugs. This diversity is a relatively new case for the space market and the number of emerging rocket companies can be truly intimidating. Will this trend continue in the future? Or should we prepare for another change? This time we will portray the evolution of the launch market from 2010 – the year when this growth started and up to 2023-2025.
Elon Musk and Jeff Bezos are the names that come to mind when words like ‘business’ and ‘space’ appear in the same sentence. Indeed, true space enthusiasts, and billionaires to that matter, have put their fortunes on the line to pursue their space dreams. Before them, only governments and established corporations could associate themselves with space industry.
What about now? Are hundreds of millions still required to cross the high entry barrier? Do you still need your government to support you in building a satellite? Is it still as hard as rocket science is?Continue reading