Once Again, How Do You Make Money In Space?

Posted: August 29, 2011 in Songs of Space and Nuclear War
Tags: , ,

Show me the government.

To make money in, to, through, or from space generally requires one thing: government sponsorship.  And government sponsorship is projected to grow as relayed by Space News:

Paris-based Euroconsult is forecasting a 51 percent increase in the number of satellites that will be built for launch during the next 10 years compared with the previous decade.

According to the annual forecast of global launch activity the consulting firm released Aug. 25, an estimated 1,145 satellites — worth $196 billion worldwide — will be built between 2011 and 2020. About 70 percent of the satellites can be attributed to government demand, Euroconsult said.

“Governments continue to dominate the space market, as satellite systems are critical infrastructure for communications and geo-information solutions for civilian and military users,” Rachel Villain, director for space at Euroconsult and editor of the report, said. “The government market is worth more than double the commercial market, but is largely closed to nondomestic manufacturers.

Of course the 30 percent of the non-government market is nothing to waive off, but pales in comparison.

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