The estimated yearly turnover of the space industry is tremendous. It provides job opportunities and its scientific research has a positive effect on the innovation of all kinds of commercial products such as navigation systems, cellular phones, shoes, clothes, home-isolation materials, electronic equipment, etc etc. Space systems and technology influence our daily lives in some way, whether we are aware of it or not. Space systems and technology have become an increasingly important part of the global economy. The growth in the commercial sector has even outpaced that of governmental budgets.

The cost factor is an important value added to private industries getting involved in the space industry. Scientific payload, people and scientists can be brought into space much more cost friendly by private companies than by governments’ means. Governmental institutions are aware of the importance of commercial spaceflight, and they recognize it both for cargo and crew missions.

In the future, commercial spaceflights will support missions to the International Space Station, the Moon and beyond. Spaceflight, once considered as fantasy, is made more accessible and attractive for consumers, businesses, as well as governments. Thanks to the commercial space industry.