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Commercialization

Has Space Commercialization Finally Arrived?

By Keith Cowing
January 28, 2018
Filed under
Has Space Commercialization Finally Arrived?

What Trump Gets Right About NASA, Space Exploration, Eric Stallmer, CSF
“Today, a new generation of commercial space companies is taking the lead on space exploration and aerospace innovation. … Other firms are developing commercial spacecraft systems to reach the moon and asteroids, land on the surface of other planets and preparing to deploy commercial habitats in space. Despite this progress, some inside the space community remain nostalgic about the government owning and controlling space assets. Late last year at the American Institute of Aeronautics and Astronautics’ Space annual conference, for instance, then-NASA administrator Charlie Bolden told audience members that he “is not a big fan of commercial investment in large launch vehicles. … The alternative, which lawmakers need to begin insisting on? Firm, fixed price contracts. Under this model, which works best with privately owned space hardware, taxpayers shoulder far less risk – and companies are incentivized to complete projects on time and under budget.”

NASA Watch founder, Explorers Club Fellow, ex-NASA, Away Teams, Journalist, Space & Astrobiology, Lapsed climber.