Commercial space is going mainstream in 2020

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December 31, 2019

Commercial space is going mainstream in 2020

2019 was a jam-pack year for business space and cavity startups, but 2020 isn’t likely to see any kind of slowdown. In fact, it’s going to get a lot busier in a few key behaviors that could have the consequences of the driving even more enthusiasm, force and funding into the emerging seat tech industry.

The biggest thing happening in space next year is easy to pick out already: NASA’s Commercial-grade Crew program. Both of the partners the agency selected to work with it on returning human launch capabilities to American soil, Boeing and SpaceX, are in the process of accomplishing the last key things they need to get done before actually putting astronauts on board their spacecraft, and it seems very likely that 2020 is when we’ll eventually watch those missions fly.

Here’s a breakdown of that and other things to watch for 2020 in space tech that will define the industry, and determine whether it continues to be a hotbed of such investments and pleasure, or whether the government has slackens in terms of VC and startup interest.

Crew flights

Like I said, the business gang program will be the single most important thing to watch in 2020 in terms of the space industry. That’s not because SpaceX and Boeing/ ULA gain the ability to open astronauts on behalf of NASA will directly open up the possibilities for startups and industrialists: It’s not likely going to see, in fact.

Instead, actually successful gang flights from business infinite corporations will see as a wide-ranging confidence booster and a clue that the infrastructure required for a true-life space-based startup spurt is proceeding apace. Commercial crew flights are primarily intended to give the U.S. a key tactical ability in the world-wide space technology space, but they also open up a brand-new, continual revenue stream for the larger and more established companionships in this ecosystem- Boeing and SpaceX for now, with the potential to open it up even further.

Having two companies with spacecraft licensed for human flight in the U.S. will signify those players have more incomes and accessible uppercase to re-invest in the ecosystem, including through marriages and suppliers, and the committee is also potentially means that private commercial astronauts will have more opportunity to take a ride and embark on goals for commercial study, experimentation and development in space.

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