December 12, 2006

SOME GOOD NEWS ON THE COMMERCIAL SPACE MARKET, from Aviation Week:

A private spaceflight industry, dubbed “new space” by some of its proponents, is steadily emerging from the dusty desert hangars and closely guarded office-park high bays that incubated it, ready to leap off launch pads across the globe into a role self-consciously reminiscent of civil aviation 80 years ago.

Private spending on space-related activities already exceeds that of governments, mostly for building, launching, operating and using commercial communications satellites, according to a new Space Foundation report that found only $70 billion of the $180 billion in worldwide space revenues comes from governments.

Other articles, not available online, talk about the growth of dedicated commercial-space suppliers. Bring it on!

Plus, some related good news, from Rand Simberg.

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