Technology That Matters Series #1

The first and second ages of space have been government driven.

They have given the world communication satellites.

They have provided global navigation and precise timing.

However, the systems are expensive, slow to build and difficult to modify.

This third phase of space is seeing the growth of entrepreneurial, private enterprise driven space as well as the development of more and more capable small satellite systems.

This entrepreneurial, private enterprise driven space is leading to new profit-making ventures and the space enterprise being changed through reusable launch, small capable satellites and on-orbit servicing.