Space no more a moonshot

economictimes.indiatimes.com:

space has never been more compelling. Over the past few years, challenges to manufacturing, launching and operating satellites and other space-based assets have diminished significantly.... An important driver of growth in the space sector has been increased private sector investment.

A growing number of venture capital (VC) firms and private equity (PE) firms have been investing in the space sector, and more and more private companies are entering the market to provide space-related products and services. As of the end of 2022, the global space sector had attracted PE investments of about $272 billion into 1,791 unique companies since 2013. At the same time, investments in the national security space are also rapidly increasing.

For instance, in the US, the FY2023 national security space budget allocated $20.8 billion to National Security Space investment accounts, a 19.5% increase from FY2022.... The role of private companies in the space market will likely increase in the next decade. 98% of senior executives we surveyed said that the role of private companies in the space market will likely expand due to emerging trends, such as space data services and in-space manufacturing.