In many ways, being a rocket scientist has never been better. Half a century on from the golden age of rockets and moon landings, the space race is back. And the sector is awash with funding: VC investments alone surged to a record $1.8 billion dollars last year, according to data from the Tauri Group (pdf, pg iv).
The most exciting action is surprisingly close to home within Earth’s orbit, to be precise. Once out of reach to all but top tier governments and supranational corporations, rapid advances in launch technology are changing the fundamental economics of the industry. From commerce to security and food, the resulting effect on everyday life is being felt across the globe.