The document discusses trends in the emerging NewSpace industry, which includes private companies providing space-related products and services. It identifies six sectors of the NewSpace industry: atmospheric flight, suborbital flight, orbital transportation, orbital and lunar destinations, service and support, and commercial spaceports. Suborbital flight is highlighted as a growing sector, with companies developing reusable launch vehicles to provide short-duration microgravity experiences to passengers and payloads. Orbital transportation is also growing as private companies provide cargo and crew transportation services to the International Space Station under contract with NASA. The document outlines various business opportunities within these emerging NewSpace markets.

1. Commercial Trends in Space
The NewSpace Industry
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© Jeff Krukin jeff@jeffkrukin.com
Space & Defense Consulting www.jeffkrukin.com

2. Defining “NewSpace”
1. Primarily entrepreneurs, small- and medium-size firms
2. Products and services sold at fixed price vs. cost-plus
3. Customers include individual consumers
4. Funded at startup primarily by owners and investors
5. Space Act Agreements vs. Federal Acquisition Regulations

3. Six NewSpace Industry Sectors
1. Atmospheric Flight
2. Suborbital Flight (space tourism/personal spaceflight, R&D)
3. Orbital Transportation
4. Orbital and Lunar Destinations
5. Service and Support
6. Commercial Spaceports

4. Suborbital Flight
• Spent $250M through 2010
• Revenue flights targeted for 2012 – 2013
• Passengers & technology payloads (science, eng. research)
• Suborbital Point-To-Point flights a goal (Concorde on steroids)
• US Base: Spaceport America, NM

5. Suborbital Flight (Cont.)
• $50M in wet leases
• Now: orders for structural long-lead structural airframe elements
• Fly four times/day, 3 – 4 minutes of microgravity
• Revenue flights targeted for 2012 - 2013

6. Is Suborbital Flight A Real Industry?
Suborbital flight market (The Tauri Group, 2008):
• 450 customers have made app. $50M in deposits
• $213M revenue from HDW, HDW dev., support services
• $1.51B invested
• 14 vehicles in development by numerous companies
XCOR Aerospace Lynx revenue projections by 2014 - $3.3B:
• Passengers: $800M
• Payloads (experiments, hardware testing, etc.): $1.1B
• Small satellite launch: $1.4B

7. Orbital Transportation
• NASA Commercial Crew & Cargo Program
• Space Exploration Technologies Corp.
• Sierra Nevada Corp.
• Blue Origin
• Paragon Space Development Dragon
• Orbital Sciences Corp.
• Boeing
• United Launch Alliance
Sierra Nevada
Dream Chaser Falcon 9

8. Business Opportunities
• Suborbital Reusable Launch Vehicle emerging markets:
• Tourism and adventure travel
• Science and high-speed research
• Microsatellite orbital insertion
• Microgravity research
• Hardware qualification
• Commercial remote sensing
• Military surveillance and Marine/Special Forces transportation
• Media, advertising, and sponsorship
• Space diving (Xtreme Sports, military force insertion)

9. Business Opportunities – Supply Chain
Space Florida Strategic Business Plan, March 2007

10. Business Opportunities – Supply Chain (Cont.)
XCOR Aerospace CEO Jeff Greason*
What we seek
• Strategic partners to commercialize components such as valves,
ignition systems, nonflammable composites
• Investors
• Broaden the base of states with suitable facilities for commercial
space activities
*Presented at the NewSpace Commerce Forum, ECSU,11/09

11. The A & D System is STRESSED!
• Downward pressure on Federal budgets
• Expected 25% jump in commercial aircraft deliveries by 2014
• NASA spaceflight commercial orientation
• Return to Congressional “business as usual” would be an
improvement!
• Talent loss
• Talent mismatch
 New business in adjacent commercial markets is crucial!