Thu, Aug 02, 2012
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.
Also: Daher Delivers, Aviation Progress, Tecnam P2012, D.B. Cooper, MH370 Search, T-45C Accident, Piper We previously reported that studies indicate many complaints about airport n>[...]
It’s So Simple to Operate, Anyone Can do it… And we’re Not Kidding The drones were up and flying at the Consumer Electronics Show held in Las Vegas in January 20>[...]
Aero-News Quote of the Day "During the holiday season, it's especially important to give back. Knowing so many families were provided transportation to doctors because of Miracle F>[...]
Aero Linx: German Business Aviation Association (GBAA) The German Business Aviation Association is a registered association representing the interests of corporate aviation and of >[...]
Flight Level A level of constant atmospheric pressure related to a reference datum of 29.92 inches of mercury. Each is stated in three digits that represent hundreds of feet. For e>[...]