How Far and Fast Can the Commercial Space World Grow?
coondoggie writes "The development of the commercial space industry has in the past been slow and deliberate, but that seems like it's about to change with a whirlwind of developments that could shape or break its immediate future. Today the Subcommittee on Space and Aeronautics is holding a hearing to go over the Federal Aviation Administration's 2012 budget request, which includes close to $27 million — nearly a 75% increase over 2010 — in the budget for the group tasked with overseeing commercial space development. They're also evaluating the need for a longer regulatory ban. Also this week the Government Accountability Office issued a review of the issues the commercial space industry and the FAA face (PDF) going forward "
Oh, wait....
If you're not confused, you're not paying attention
So the speed of development seems to be limited by companies' ability to find things in or about space that can be commercially exploited. It's still not clear what else there is out there that would be a profitable venture.
politicians are like babies' nappies: they should both be changed regularly and for the same reasons
Communication and physics research satellites seem to be the only thing people are launching. Until more tech that is space-only is developed, we really have no reason to go up there.
Supply and demand. We have no demand, so therefore there is no supply.
What we should be focusing on is how to create the demand.
I have worked in the electronics (and space qualified electronics) industry for some time, from the component to the system manufacturer level, for some time now. I have seen a lot of progress in the FPGA sector in particular. Silicon now seems to be running 'out of steam', though I don't doubt Intel and the like will continue to squeeze the tech for some time and continue to amaze us. On a personal level I wonder how close I am to my (hypothetical granddads) level when steam was close to its dying days, I don't know. But space really seems to be on an upward curve now. Only yesterday I sent my closest friends links to the Virgin Galactic site as although I have been no fan to date, the pictures I saw yesterday actually made me think that our long promised space age might finally be getting here. I hope so, we need to get off this rock. (and nuke it from space, it's the only way....)