NewSpace

NewSpace is a philosophical movement often associated with the newly emerging private spaceflight industry. The term is used to categorize a number of corporations which have taken a different approach to spaceflight than that which is typical of government space programs and/or the mainstream aerospace industry as a whole.

Usually, NewSpace companies are primarily funded privately, with only marginal involvement of government funding or organizations. Additionally, most NewSpace companies pursue a low-cost approach to spaceflight by driving towards innovation within the field. Companies commonly associated with NewSpace are SpaceX, XCOR Aerospace, Bigelow Aerospace, Virgin Galactic, and more.

In the News

Russia successfully tests new space rocket Tue, 23 Dec 2014 18:07:53