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).
This trend is part of our section on Space. Other trends in this section include:
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)