The business of space exploration

Statistics – Applications

Scientific paper

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Artificial Earth Satellites, International Organizations, National And International Programs

Scientific paper

Despite healthy economic conditions worldwide, aerospace companies have been struggling since the end of the Cold War. The industry faces a very uncertain future as people and money are leaving in droves. But that has not diminished interest in significantly opening up the space frontier for commercial uses. Is there a major disconnect between expectation and reality? What can the Government and private sectors do to positively shape the future? This paper examines the market forces in play and uses the development of the commercial air transportation business to assess the prospect for commercial space transportation and exploration. It also addresses the elements and criteria for business opportunity, and suggests ways in which the public and private sector can work together to build the future of space. .

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