Contrary to what mainstream media opinion suggests, there no billionaires in the space sector today – only billionaires investing in space hoping to see returns someday.
Space is not only the final frontier for exploration but also, and quite literally, the final frontier in terms of the complexities of building and sustaining a private enterprise. Credit: joshrowe/pixabay
NewSpace is a new column by Narayan Prasad discussing efforts to craft social good using rockets and satellites.
A car orbiting the Sun has sparked renewed public interest in space technology discourse, with crowds returning to watch nail-biting rocket lift-offs and landings. The same is true of many Indians as well, with the Indian Space Research Organisation (ISRO) having authored a successful maiden Mars mission and getting its Polar Satellite Launch Vehicle (PSLV) off the ground launch after textbook launch.
Here is a guide for you to get aboard the space bandwagon from the POV of the Indian ecosystem.
Like with most other industries, one can build a space business either upstream or downstream – or as a combination of both – of the space value chain. Let’s break this down a little further and identify potential business spaces.
Upstream of the space ...