At a time, space technology, satellites, used to be concentrated among the developed nations and some rich corporations. But in recent times space has become more democratized due to the exploration in this area by new age companies like Orbion Space Technology, Virgin Galactic, SpaceX and some other players.
“Within a few years, we will witness a number of competitive rocket companies vying to attract customers who want to launch their data collecting platforms into orbit”, says Lyon Brad King is CEO and Co-founder of Orbion Space Technology and the Ron and Elaine Starr Professor in Space Systems. “This type of true market competition has never happened in space tech until now.”