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2018 | Book

Dossier 1: Innovative Public Procurement and Support Schemes Read chapter Read first chapter

The Rise of Private Actors in the Space Sector

Author: Alessandra Vernile

Publisher: Springer International Publishing

Book Series : SpringerBriefs in Applied Sciences and Technology

Part of: Springer Professional "Wirtschaft+Technik" , Springer Professional "Technik" , Springer Professional "Wirtschaft"

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About this book

This book provides a broad set of information and data on the rise of private actors in the space sector, organized into different topics covering the various trends that have shaped the space sector during the last decade. The book, written in a descriptive fashion, concludes with recommendations for future analytical research on the topic.

Table of Contents

Frontmatter
Chapter 1. Dossier 1: Innovative Public Procurement and Support Schemes
Abstract
Space agencies and other public organisations involved in space programmes have shown a clear willingness to give private actors a more prominent role, and to adapt their industrial policy and procurement mechanisms accordingly. Among innovative approaches implemented by public actors, the Commercial Orbital Transportation Service (COTS) programme and related cargo and crew transfer capabilities supply and development programmes introduced by NASA to fill the gap left by the retirement of the Space Shuttle provide a successful example.
Alessandra Vernile
Chapter 2. Dossier 2: Private Investment in Space
Abstract
An essential element symbolising the difference between traditional and NewSpace approaches is related to sources and mechanisms of investment. Although public funding was and remains instrumental for the emergence of new private actors, the NewSpace ecosystem is also characterised by substantial private investment. From this perspective, emerging NewSpace actors also leverage other, private, funding instruments, supporting their objective of introducing commercially driven approaches to space markets independent from public governance.
Alessandra Vernile
Chapter 3. Dossier 3: Hubs for “Astropreneurship”
Abstract
The epicentres of the U.S. NewSpace initiative are located in California, Santa Clara Valley, better known as Silicon Valley and in Seattle.
Alessandra Vernile
Chapter 4. Dossier 4: New Target Markets for Private Actors
Abstract
Young companies are ushering in the next era of space exploration and exploitation as a part of a new free market. The interest in outer space by private investors opens the possibility of rapid growth and commercialisation that should drive down the costs of space. Space might become more affordable in the long-term.
Alessandra Vernile
Chapter 5. Dossier 5: Legal Regime
Abstract
The purpose of this chapter is not to offer solutions to legal issues but instead identify problems and possible solutions to give the reader a better overview of the legal dimension.
Alessandra Vernile
Chapter 6. Dossier 6: Selected Success Stories
Abstract
The following success stories have been selected from a pool of private actors that have emerged in the U.S. and Europe.
Alessandra Vernile
Backmatter
Metadata
Title
The Rise of Private Actors in the Space Sector
Author
Alessandra Vernile
Copyright Year
2018
Electronic ISBN
978-3-319-73802-4
Print ISBN
978-3-319-73801-7
DOI
https://doi.org/10.1007/978-3-319-73802-4

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