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Top stories: May 2016

31 May 2016, 17:24 UTC
Top stories: May 2016
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Each month we will round up some of the top stories in space, entrepreneurship, innovation, finance and technology.Here's our round-up for May:Effects of changing economics on space architecture and engineeringSome interesting news on space startups. Let's continue to innovate!"Startup space ventures attracted $2.7 billion of investment and debt financing in 2015, of which $2.3 billion was investment, a historical record. Of the $2.3 billion total investment, $1.8 billion came from venture capital, more than the previous 15 years combined."Read more here.

Space economy annual growth rates compared with the global economy. Figure via: The Space Review

India Launches Prototype Space Plane on 1st Test FlightIndia flight-tested its robotic space plane prototype, known as the Reusable Launch Vehicle-Technology Demonstrator (RLV-TD), for the first time on May 22nd.

On May 23, 2016 local time, India launched the first test flight of its Reusable Launch Vehicle Technology Demonstrator, a winged, ...

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