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Space: The Next Trillion Dollar Industry
Video

Space: The Next Trillion Dollar Industry



Editorial Rating

9

Qualities

  • Visionary
  • Engaging
  • Inspiring

Recommendation

SpaceX, Virgin Galactic and Blue Origin have gotten a lot of press for their commercial space endeavors, but the truth is that the commercial space industry was relevant before Musk, Branson or Bezos entered the scene. Companies like DigitalGlobe and MDA have been providing government agencies with the bird’s-eye view for decades, and as launch prices drop, newcomers are entering and use cases are multiplying. Sam Denby describes the current state of the space industry in this Wendover Productions video, and special guest Neil DeGrasse Tyson explains what is needed to take the industry further into the future.

Take-Aways

  • Billionaires have made a highly publicized entrance to space exploration, but the commercial space industry has been thriving for decades.
  • Government contracts were the main source of funding for the commercial space industry, but now private companies are also hungry for data from satellite images.
  • Governments will have to spearhead the age of deep space exploration, but in time private companies will take over and make the industry financially viable.

About the Speaker

Wendover Productions is an educational YouTube channel with over three million subscribers. It was created by Sam Denby, who also presents Half as Interesting; Sam from Wendover; and Extremities.


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