Commercial Spaceflight And The Dawning Age of NewSpace

SpaceX’s Reusable Rocket: The ‘Holy Grail’ of Space Flight?

WASHINGTON — SpaceX’s historic landing of a reusable rocket booster sets the stage for a new era in US access to space and likely marks the beginning of the end of the disposable launcher.

This extraordinary achievement lays the groundwork for a revolution in the launch services market, analysts contend. SpaceX’s demonstration of a reusable rocket in late December potentially drives down the cost of space launch to unprecedented levels, leaving its competitors scrambling to catch up.

“If this is the beginning of a new era in terms of using reusable rockets more as a rule rather than the exception, then you are potentially revolutionizing the launch services market,” said Marco Caceres, Teal Group director of space studies.

Sourced through Scoop.it from: www.defensenews.com

See on Scoop.itThe NewSpace Daily

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