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February 17 2012

12:02

The NewSpace Daily - Is Commercial space transportation reaching a tipping point?

NASA’s budget during the next decade will either be flat or decline. Moreover, NASA is no longer planning on using Russian rockets to service the space station. As a result, the commercial space industry may be reaching a “tipping point” whereby the commercial space industry will need to take over the heavy lifting of supplying the space station and getting payloads into orbit. The 15th annual commercial space transportation conference, which took place on February 15-16 in Washington DC, grappled with the myriad issues associated with attracting private investment into commercial space exploration.