emerging
Cheaper Space Access Fuels Investment
Decreasing launch costs are driving increased investment in space tech, including satellites, propulsion systems, and space infrastructure.
Timeframe
near-term
Subcategories
Detailed Analysis
The number of space launches has increased dramatically in recent years, driven by advancements in reusable rocket technology. "The number of space launches has 5x'd in the last 5 years," the report notes. This has led to a significant decrease in the cost to reach orbit, further fueling investment in space tech. Startups are emerging across various areas, including satellite technology, advanced propulsion systems, and in-space refueling.
Context Signals
Growth in licensed US space launches
SpaceX's impact on launch costs
Y Combinator's call for more space tech startups
Edge
Investment in space tech will continue to grow, driven by decreasing launch costs and expanding applications.
New space infrastructure, including in-space manufacturing and refueling, will enable more ambitious space missions.
The proliferation of satellites will improve communication, monitoring, and risk management capabilities across various industries.