"This book introduces the concept of space-based technology commercialization and offers a first-time analysis of plausible opportunities, examining the overall marketability of tourism in outer space, including business case studies on celestial solar power and space debris that demonstrate the potential of cosmic technologies in the context of interplanetary business"--Provided by publisher.

This book analyzes the commercial space activities and commercialization processes of the last fifteen years and maps the future challenges that NewSpace companies will face developing commercial space markets. What is new and what has happened in these markets up till now? Is there a business case for private companies for commercial space? What are the targeted commercial space markets? Who are the future customers for commercial space transportation markets? How can NewSpace companies attract investors? Can we learn lessons from traditional space industries or other companies in other areas? In what way have the last fifteen years made a difference in the evolution of space markets? Is there a future for in-situ resource mining, space debris services, in-orbit satellite servicing and sub-orbital transportation? What are the lessons learned from ISS commercialization? In addition the reader will find a synopsis of several space transportation programs, commercial space markets, future Moon and Mars missions, in-situ resource exploitation concepts, space debris mitigation projects and sub-orbital commercial markets. Major lessons learned are identified, related to the attraction of first time customers and long term R&D funding, managing technological and market risks and developing new markets and applications.

As civil space policies and programs have evolved, the geopolitical environment has changed dramatically. Although the U.S. space program was originally driven in large part by competition with the Soviet Union, the nation now finds itself in a post-Cold War world in which many nations have established, or are aspiring to develop, independent space capabilities. Furthermore discoveries from developments in the first 50 years of the space age have led to an explosion of scientific and engineering knowledge and practical applications of space technology. The private sector has also been developing, fielding, and expanding the commercial use of space-based technology and systems. Recognizing the new national and international context for space activities, America's Future in Space is meant to advise the nation on key goals and critical issues in 21st century U.S. civil space policy.

This brief presents a concise description of the existing spaceport market, the technologies being tested and developed at them, and the private companies that are making them possible. While NASA has its own plan for the future of space exploration, one that includes a new shuttle, an interplanetary spacecraft, and astronauts going to Mars, many people believe that the real future of space exploration is currently centered around dozens of commercial spaceports, financed by entrepreneurs inspired not only by profit but by the dream of creating a new space age, one not limited by bureaucracies or by budget allocations. Commercial spaceports in Florida, Texas, Oklahoma, Virginia and Alaska, as well as in countries like Curaçao and Sweden, are becoming home to dozens of private aerospace companies and provide a place where cutting-edge technology can be developed, tested and launched into space. Based on original interviews with principles at the various companies involved and on-site observations at the Mojave Air and Space Port, the author traces the early days of the spaceport movement and outlines what lies ahead.

NASA's Office of the Chief Technologist (OCT) has begun to rebuild the advanced space technology program in the agency with plans laid out in 14 draft technology roadmaps. It has been years since NASA has had a vigorous, broad-based program in advanced space technology development and its technology base has been largely depleted. However, success in executing future NASA space missions will depend on advanced technology developments that should already be underway. Reaching out to involve the external technical community, the National Research Council (NRC) considered the 14 draft technology roadmaps prepared by OCT and ranked the top technical challenges and highest priority technologies that NASA should emphasize in the next 5 years. This report provides specific guidance and recommendations on how the effectiveness of the technology development program managed by OCT can be enhanced in the face of scarce resources.