So I was logged into Facebook and looked what Arno Wielders had posted recently. He always knows to find some gems. This time a YouTube video of a Ted talk made by the one of the founders of Xcor, Jeff Greason. It’s about why NASA isn’t the future and why those space 2.0 startups are. Welcome to the new frontier.
I hope his business model will work. A great talk, about why it’s hard and why NASA is making it harder. There was one obstacle I missed and that’s the government. Rockets and rocket propelled planes are high energy objects and those things make any government jumpy. How much free market and liberty you might crave for your space business, government will enforce its regulation.
In the end it will be a tug-o-war between government and the space companies on how much those companies are allowed to do. For instance to the new frontier.
Update 2021. Americans are risk takers. They start a business in a very hard field. When the business fails they pick themselves up and move on. In 2017 XCOR filed for bankruptcy. A very sad story, but with a silver lining. Other commercial startup companies are doing well. For instance SpaceX and Rocket lab. And look out for the sub orbital companies. Virgin Galactic and Blue Origin are starting to rumble.