The pace of technological innovation in the space business has long been dictated by government-funded programs of record. But as the private sector increasingly drives innovation, government buyers are trying to figure out their role in the new space era.
The implications of this shift are significant, particularly for the Defense Department. What’s happening in space today is similar to the transition that took place in the semiconductor industry where the U.S. government invested twice that of private industry 40 years ago but is now outspent by a factor of 23 to 1, says a report from the market research firm Quilty Analytics.
On National Security | In the new space era, a changing role for the U.S. government – SpaceNews
