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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.19.16

Airborne 05.20.16

Airborne Hi-Def On YouTube

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.19.16

Airborne 05.20.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

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

It's On! EAA/ANN Announce 2016 AirVenture Innovation Preview!

Stunningly Successful Innovation Program Drew Nearly 100,000 Eyeballs to ‘All Things AirVenture’ E-I-C Note: Our partner, the Experimental Aircraft Association, release>[...]

Airborne 05.23.16: Si2 Lands in Dayton, BellHeli Relocation, Santa Monica Update

Also: Rockwell Collins, RC Antonov AN-225, Safety Culture In Alaska, Sonic 'Thump', Drone Reg. Data, Aiming For Mars, Hawaiian Pilots The Solar Impulse-2 crew alerted ANN, early Sa>[...]

Airborne 05.23.16: Si2 Lands in Dayton, BellHeli Relocation, Santa Monica Update

Also: Rockwell Collins, RC Antonov AN-225, Safety Culture In Alaska, Sonic 'Thump', Drone Reg. Data, Aiming For Mars, Hawaiian Pilots The Solar Impulse-2 crew alerted ANN, early Sa>[...]

Anti-Icing Treatment Research Focuses On Turbine Blades And Propellers

Piedmont Propulsion Systems, Oak Ridge National Laboratory Collaborated On The Project Oak Ridge National Laboratory (ORNL) and Piedmont Propulsion Systems, LLC (PPS) recently conc>[...]

AD: Airbus Airplanes

AD NUMBER: 2016-10-08 PRODUCT: All Airbus Model A330-200 Freighter, A330-200, A330-300, A340-200, A340-300, A340-500, and A340-600 series airplanes.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC