Private companies are launching a new space race, here’s what to expect
A benefit of the entry of the private sector into space exploration has been recognition of the high-tech companies that contribute to the growth of the economy as valuable targets for investment.
Indeed, a recent presentation at an international investment bank – under a heading of “Space; the next investment frontier” – declared that “investment interest has helped reduce launch costs and spur innovation across related industries, opening up a new chapter in the history of the space economy”.
Source: Private companies are launching a new space race – here’s what to expect