First time around, space technology developed at the speed required by governments. In the New Space Race, Silicon Valley-style speed has been adopted by the top companies in the sector.
Costs are coming down faster than ever. Private sector rockets can launch single-function satellites for less than $1m/unit , a 100x reduction in 10 years.
Industries from mining to shipping to aerospace are finding that space-based services offer a new and compelling value proposition. Space is no longer just the domain of government, science and telecom.
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We will soon be blogging about the key events in the Business of Space.
Space is the new hot market for startups. We will be talking on this site about how you could turn your idea into your own business.