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Private Sector Thinking in a Government-Driven Market

By Keith Cowing on May 15, 2012 8:54 AM.

Private Sector Edges Deeper in Space, NY Times

"The only way to make a dramatic reduction of price is to assume a dramatic increase of launches," said Mr. Greason of XCOR. "You have to assume there is some market, that there will be enough demand to support that low price." The current rockets -- most of them good for one launching only -- are very expensive regardless of whether they are built by entrepreneurs or government. The future of low-cost travel in space hinges on reusable rockets and technologies not yet developed, space experts say."

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Private Sector Thinking in a Government-Driven Market

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