The stage of maturity — Earth observation in a new era of space exploration

2019 First Quarter EO Market News Round-Up – Space commerce is enjoying a renaissance period mainly due to technological advances that have dramatically decreased cost and increased data and related services. A $17+ billion market (and growing), today’s space industry is on the verge of entering maturity — the stage of self-discovery, boldness, and adventure.

The maturing space industry is evident with players in both private and public sectors accelerating the recent advances in science and technology that makes operating in space more viable for commercial and research interests. This year thus far, the European Space Agency (ESA) tested its new 3D printed rocket thrust chamber to help design more efficient rocket engines.