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Public and private partnerships are opening up opportunities in space, says Stylus

19 May 2012, 08:00 UTC
Public and private partnerships are opening up opportunities in space, says Stylus
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(Source: Stylus press release)
Stylus report collated in run-up to launch of world’s first commercial space flight on May 19th
18th May 2012 – A report by Stylus, which provides forward-thinking intelligence to businesses including those within the aerospace arena, has indicated the opening of a new commercial sector – in space. This is as a result of public sector companies, such as NASA, starting to allocate day-to-day space operations to private companies.
“As Western nations look to trim budgets and balance the books, large government agencies are increasingly turning to the private sector for greater efficiency, tighter financial management and more timely delivery,” said a spokesperson from Stylus. “In the space sector, public and privately-funded programmes are encouraging co-operation between traditional aerospace players and newer, more ambitious start-ups. Businesses are aiming for the stars.”
This Saturday’s SpaceX launch, which will be the world’s first commercial mission to the International Space Station, will lead to a large increase in private companies that will offer space mission services, says Stylus: “Companies such as SpaceX are offering streamlined services that enable a less expensive and faster-moving service to clients looking to conduct activity in space. They are now setting the benchmark for ...

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