NewSpace industry
E91087
The NewSpace industry is a modern, largely private-sector-driven space sector focused on commercial innovation, reduced launch costs, and expanding access to space for a wide range of customers and applications.
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
commercial space sector
→
space industry segment → |
| alsoKnownAs |
New Space
→
commercial space industry → newspace sector → |
| characterizedBy |
commercial business models
→
cost-focused engineering → miniaturization of satellites → public–private partnerships → rapid iteration of technology → reusable launch vehicles → startup culture → use of off-the-shelf components → venture capital funding → |
| contrastsWith |
Old Space industry
→
traditional government-led space programs → |
| drivenBy |
private sector
→
|
| emergedInPeriod |
late 20th century
→
|
| enabledBy |
advances in electronics
→
advances in materials → advances in propulsion → lower launch costs → |
| expandedSignificantlyIn |
early 21st century
→
|
| focusesOn |
commercial innovation
→
commercial space services → expanding access to space → reducing launch costs → |
| geographicScope |
global
→
|
| hasGoal |
commercial exploitation of space
→
democratization of access to space → development of space-based infrastructure → |
| includesActivity |
Earth observation services
→
in-space manufacturing research → launch rideshare services → on-orbit servicing → orbital launch services → satellite communications → satellite constellations → small satellite deployment → space data analytics → space resource prospecting → space tourism → suborbital launch services → |
| regulationContext |
international space treaties
→
national space laws → |
| servesCustomer |
commercial customers
→
consumer markets → defense organizations → government agencies → research institutions → |
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
The Spaceship Company
→
|
associatedWith |