Suborbital reusable vehicles (SRVs) are creating a new spaceflight industry. SRVs are commercially developed reusable space vehicles that may carry humans or cargo. The companies developing these vehicles typically target high flight rates and relatively low costs. SRVs capable of carrying humans are in development and planned for operations in the next few years. SRVs that carry cargo are operational now, with more planned. The dominant SRV market is Commercial Human Spaceflight, generating 80% of SRV demand. Our analysis indicates that about 8,000 high net worth individuals (with net worth exceeding $5 million) from across the globe are sufficiently interested and have spending patterns likely to result in the purchase of a suborbital flight at current prices. Roughly, one-third of these consumers are from the United States. We estimate that about 40% of the interested, high net worth population, or 3,600 individuals, will fly within the 10-year forecast period. We expect space enthusiasts outside the high net worth population to generate modest additional demand (about 5% more). About 925 individuals currently have reservations on SRVs. The second largest source of demand is Basic and Applied Research, accounting for about 10% of forecasted demand. The remaining 10% of demand is generated by Aerospace Technology Test and Demonstration, Education (which will see hundreds of schools and universities fly low-cost, small payloads to provide students a learning tool), Satellite Deployment, and Media and PR (through what we have predicted to be a small but influential number of flights for advertisements, documentaries, and television programming).
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