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Space work looking up

A report says companies have yet to tap the industry potential, especially among nongovernment customers.

By Kelly Yamanouchi
Denver Post Staff Writer
Article Last Updated:11/13/2006 09:05:20 PM MST

While NASA's budget is expected to grow in only small increments through 2010, Jupiter Research expects the satellite-radio market to grow from 12 million installed units in 2005 to 55 million units in 2010.

Such nuggets are part of the Space Report, the Guide to Global Space Activity, a new 174-page publication from the Space Foundation, a national group based in Colorado Springs.

Space activities accounted for at least $180 billion in government budgets and industry revenues last year, according to the report.

Forecast International expects another 170 remote sensing satellites to be built between 2004 and 2013, according to the report.

But "remote sensing firms have yet to unlock the secrets of mass marketing to a commercial audience and continue to rely heavily on government customers to augment commercial revenues," the report said.

An outlook section of the report, including the views of space-industry leaders, noted that Google Earth was prominently mentioned as an influential application that brings space to the personal or individual level, according to Transformational Space Corp. vice president Brett Alexander.

The Space Foundation also started a Space Index, tracking 30 companies to indicate the performance of the space industry, including Lockheed Martin, Boeing, Northrop Grumman, Raytheon and EchoStar Communications.

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Source: http://www.denverpost.com/business/ci_4653644
 
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