#aerospace #astronautics #astronautics4xploit
The diversity of the phenomena of nature is so great, and the treasures hidden in the heavens so rich, precisely in order that the human mind shall never be lacking in fresh nourishment...Johannes Kepler
Human fascination with space, curiosity of what is in the space and benefits that can be derived from it have led to a lot of discoveries through space exploration, launch of various spacecraft, vacation in space through space tourism and adaptation of the technologies initially designed for space exploration to solve various human needs on the Earth made possible through various spin-offs.
Today, the human fascination is deepening and space is no longer the sole purview of government agencies. Private companies are disrupting the space exploration and satellite industry as they race to produce increasingly sophisticated satellites and reusable launchers. It’s a new frontier in satellite technology.
Driven by the need to accelerate innovation, this new frontier helps companies identify opportunities to extend the limit of rocketry and satellite design and manufacturing. All these sum up what is now referred to as “The New Space” as more private individuals are now aiming for space so as to either tap the resources in the heaven or to have a better view of the Earth and the cosmos.
The foundation of new companies with a high private capital deployment, the use of new technologies and approaches, and the convergence with the information technology sector are forming the basis for what has been referred to as "The New Space".
In this video, Astronautics4Xploit presents "The New Space ". The overview of this presentation is as follows: The New Space Ventures, The New Space Vs The Traditional Space, Market Drivers of The New Space and Emergence of The New Space.
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