Internet satellites continue to crowd the skies, with Elon Musk’s SpaceX and Richard Branson’s OneWeb leading the way. With early-stage space tech investments reported thus far at about $24 billion invested in 500 companies, this sector is beginning its boom. Specific to internet satellites, what does that mean for our skies? What is the FAA focused on as it relates to space tech? What are the overriding concerns for the space tech industry? Here’s what we think is ahead.
Space Tech: What Do Private Space Efforts Mean for the Tech Sector?
What do private space efforts mean for the tech sector? As Elon Musk forges ahead with his plans to colonize Mars and private space exploration becomes a reality, there are both challenges and opportunities ahead. Here are my predictions on what tech sectors could experience a paradigm shift and new revenue streams fueled by private space exploration.