Press In addition to business process innovation, technological advances by the private commercial sector are modernizing traditional and costly space practices by reusing rockets and building more efficient spacecraft, reducing per-launch costs.
The global space industry is expected to generate revenue of $1.1 trillion or more in 2040, up from the current $350 billion, according to a recent report by Morgan Stanley.
Source: How space exploration is now being fueled by business innovation – Industrious
