Accelerator: Space Commercialization

Various initiatives to commercialize different aspects of space, including reusable and efficient launch vehicles, low-cost miniaturized satellites (CubeSats), space tourism, asteroid mining, and others

Space Commercialization

Accelerator > Earth and Beyond

Space commercialization driving down launch costs, fueling spacetech innovation, and enabling new business opportunities

Definition
  • Commercialization of space, including reusable and efficient launch vehicles, low-cost miniaturized satellites (CubeSats), space tourism, asteroid mining, and interplanetary travel

Outlook
  • Increased private sector competition from new entrants and established players
  • Intensified collaboration efforts between governments and corporations on space technology initiatives
  • Lower launch and operating costs
  • Accelerated space technology innovation

Implications
  • Opening space to new and expanded applications, including satellite broadband Internet, real-time Earth imagery and sensing, micro-gravity manufacturing, asteroid mining, and space tourism
  • Driving advances in interplanetary exploration, starting with Mars
  • Encouraging more governments (e.g., China, India) to fund space-related initiatives

How might space commercialization enable improvements to existing offerings, new market opportunities, or unexpected competition to your business?