The New Space Economy
Weird Glitches
March 10, 2020Fuel-Free Space Propulsion Systems
March 10, 2020The New Space Economy
New spacecraft, rockets, and other technologies are helping private commercial companies to achieve liftoff.
New spacecraft, rockets, and other technologies are helping private commercial companies to achieve liftoff—with plenty of eager venture capitalists footing the bill.
Investors, including Morgan Stanley, are eyeing a new space gold rush, now that a critical mass of commercial space companies and their technologies have matured enough to move beyond proof of concept into testing. Some estimates project the value of the space industry to reach more than $1 trillion in the next two decades.
We anticipate investment into commercial space companies, especially in the areas of insurance, satellites, defense, aerospace technologies, and materials (manufacturing and mining).
Related trends
This trend is part of our section on Space. Other trends in this section include:
- Fuel-Free Space Propulsion Systems
- Mercury Rain
- Galactic Gas Stations
- Space Forces
- China’s Space Ambitions
- Ultra-Long Space Missions
- Imaging Space
- Lots (and Lots) of Satellite Launches
- Crowded Skies
- Internet from Space
- Space-Based Quantum Internet
- Space Junk
- Bigger, Bolder Telescopes
- Asteroid Mining for Resources
- The New Space Economy
- Made in Space
- Space Tourism
- Galactic Ride Sharing
- Seeking a New Life in the Off-World Colonies
This trend is related to the following industries:
Aerospace, Agriculture, Alternative Energy Production & Services, Auditors, Banking, Biosciences, Civil Servants/Public Officials, Construction, Corporate Boards & Directors, Defense, Diplomacy, Education Colleges & Universities, Electric Utilities, Environment, Finance, Foreign & Defense Policy, Gas & Oil, Government - International, Government - National, Government - State and Local, Government Regulators, Heavy Industry, Hedge Funds, Human Resources, Information Technology, Infrastructure, Insurance, Law Enforcement, Manufacturing, National Security, Non-profits/Foundations/Philanthropists, Private Equity, Professional Services, Technology Company, Telecommunications, Transportation, Urban Planning, Utilities, Venture Capital, Work (Future of)