The space industry is undergoing a boom after a few decades of stagnation. This time around, though, the transformation has new players from the private sector
Man’s fascination with space is a tale as ancient as our civilisation itself. From ancient Mesopotamia to Greece, our ancestors tracked the movements of the stars and planets and used that knowledge to tell time, navigate, and even for agriculture. It would go on to inspire our deities, myths, and stories, the remnants of which have trickled down even into modern life.
Modern interpretations and longing for space might be different in their form and scope but ultimately fuelled by the same fascination as our ancestors. Who can deny they haven’t been inspired by a Carl Sagan or Arthur C Clarke book? Or swayed by the visualisations of space travel in films like 2001 Space Odyssey (written and inspired by Clarke himself)?
Since 2015, over $47bn of private capital has been invested in the space sector, marking a…
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