GEAB July 2022
Young, even infant, the space market has grown by 70% since 2010 and is expected to reach a trillion dollars in annual revenues by 2040.[1] One might think that the space economy would one day become normal, like the car economy, but that would be to navigate like a sorcerer’s apprentice. Three words sum up the world we live in: Space is Hard.[2] The same could be said for nuclear power, because we are navigating in the same level of technical complexity, where only good expertise and a good budget allow to survive. Is this a field reserved for titans then? Yes, but in contrast to nuclear power, there is still a door open to the democratisation of space and all the emerging companies that are entering will try to write the space of tomorrow by grabbing the ground left by the battle of the giants. They will all come up against the same ruthless reality though, and there will be a clash.
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