The emerging Space Economy

It's been a long time since I wrote anything about the Space Economy. I was, perhaps, overly optimistic about the timing, but lately all the signs are that the private sector now has sufficiently mature payload to space technology to completely change the nature of space research and business.

SpaceX seems well ahead of competitors, with two launches in a just a few days, and both times, the first stage booster returned successfully to the launch pad.

In other developments, Virgin Galactic is apparently nearing final development of its near space tourism offering. Bigelow Aerospace, an early entrant, has signed a contract to supply NASA with inflatable space habitats. Amazon founder Jeff Bezos' Blue Origin round trip space vehicle continues advanced testing, and NASA and the European Space Agency continue to pursue their own plans.

Space really is starting to look like the final frontier.