Commercial Spaceflight And The Dawning Age of NewSpace

SpaceX Success Launches Space Startups to New Heights

SpaceX’s successful landing of a reusable rocket booster last month opens a new frontier for commercial space startups by offering tremendous cost savings and attracting venture capitalists who once shied away from spatial ventures.

Space startups include nano-satellite makers, earth-imaging and weather-tracking technology developers, and ventures with ambitious plans to mine asteroids. If this fledgling industry can reuse rockets, that will save money and accelerate the pace of launches, enabling startups to more quickly test and update their technology, and replace old satellites more frequently – all critical for growing revenue.

Sourced through Scoop.it from: gadgets.ndtv.com

See on Scoop.itThe NewSpace Daily

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