The space industry is growing rapidly. A fact. No, I don/t mean space tourism by individuals. I'm talking about a genuine industry undertaking essential commercial activities in space, such as launching satellite constellations or biotech/medical products into orbit.
Most of these activities carried out in space are for the benefit of all of us on earth and are true commercial operations, not undertakings of scientific exploration of space itself. And, increasingly, such activities will use reusable rockets thereby producing enormous reductions in time and cost. The technology is there and, increasingly, the investment is there as well with US VCs, private equity groups and European and Middle Eastern funds competing for projects. Exciting times.
Mike Harling, CEO, Whitefield International Investment