Suborbital Reusable Vehicles: A 10-Year Forecast Of Market Demand Released | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 04.20.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.26.17

Airborne
04.27.17

Airborne
04.21.17

Airborne-Unmanned 04.25.17

Airborne-YouTube

AMA 04.20.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.26.17

Airborne
04.27.17

Airborne
04.21.17

Airborne-Unmanned 04.25.17

Thu, Aug 02, 2012

Suborbital Reusable Vehicles: A 10-Year Forecast Of Market Demand Released

Space Florida And The FAA See 'Great Promise' In The Sunshine State

Space Florida – the State of Florida’s spaceport authority and aerospace economic development agency – and the FAA's Office of Commercial Space (FAA-AST) – partnered in November 2011 to commission a study prepared by The Tauri Group, on the forecast 10-year demand for suborbital reusable vehicles. The research and analysis-focused process is considered a conservative first analysis of the suborbital flight segments for personal spaceflight and science missions. The analysis included interviewing 120 potential users and providers; polling 60 researchers; and assessing budgets, market studies, and other data. A structured survey of more than 200 ultra-high net-worth individuals was also conducted. The results of that study are being made available to the public today via the Space Florida and FAA websites.

“Suborbital Reusable Vehicles: A 10-Year Forecast of Market Demand” defined some of the more likely market segments with the most potential for utilization of the suborbital launch capabilities including commercial human spaceflight, basic and applied research, satellite deployment, education, aerospace technology test and demonstration and media/advertising.

The study limited the target demographic to focus primarily on ultra-high net worth individuals, which ensured a conservative approach to the forecast. The results, which also identified ways the government and commercial sector could impact the industry, revealed that the suborbital market could be worth up to $1.6 Billion over the next 10 years.

“This study reveals great promise for the suborbital spaceflight industry,” noted Space Florida President and CEO Frank DiBello (pictured, below) . “Florida has made significant investments to jumpstart growth in suborbital spaceflight through direct investments in suborbital companies, spaceport infrastructure, purchase of launch services, and developing the market through a flight incentive program.”

Facilities that are prepped for launch in Florida include Cecil Field Spaceport, Launch Complex and Kennedy Space Center’s Shuttle Landing Facility.

FMI: www.spaceflorida.gov


Advertisement

More News

AMA Drone Report 04.20.17: Phantom 4 Advanced, NJ NIMBYism, AMA-DJI Team Up

Also: AUVSI XPO17 LIVE!, Steady Drone Sales, Drone v Shotgun... DJI’s new Phantom 4 Advanced offers a more powerful camera and more upgraded controls. The new upgrades the or>[...]

The 2017 Planes of Fame Air Show At The Chino Airport Will Go On As Planned

But Tenants Who Filed Suit Will Seek Changes In Oversight For 2018 Show The group of plaintiffs filing suit against Planes of Fame have withdrawn the motion for a preliminary injun>[...]

Airborne 04.26.17: Kitty Hawk Flyer, Mooney CEO Departs, Part 23 Training

Also: Sun 'n Fun, North Dakota, Turbulence, Canadian Drones, Voyageur Aviation, Oxford Airport, Drone Classes A major player in the online world, Google’s Larry Page, has ent>[...]

Airborne 04.25.17: Vietnam Helicopter Museum, Gleim Virtual Cockpit, Av Police

Also: Airport Fight, Aero-Calendar, H145, A321neo, Emirates, Airspace Workshops, Jeppesen A claim of discrimination has been filed against Contra Costa County, CA by the Vietnam He>[...]

AD: Rolls-Royce plc Turbofan Engines

AD NUMBER: 2017-08-10 PRODUCT: All Rolls-Royce plc (RR) RB211-Trent 970-84, RB211-Trent 970B-84, RB211-Trent 972-84, RB211-Trent 972B-84, RB211-Trent 977-84, RB211-Trent 977B-84, a>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC