After decades of governmental monopoly, the spaceflight sector has exploded onto the commercial stage. The Space Age, pegged at starting in 1957 with the launch of Sputnik 1, has become the NewSpace age, and everyone wants a piece of the action. Massive government organisations, slow to move and encumbered by strict regulations, tight budgets and an old-school mentality, have been surpassed by more agile private spaceflight companies with new ideas and (seemingly) cash to burn. The NewSpace arena seems to be split into two camps; a small number of companies founded by billionaires with dreams of the stars i.e. Jeff Bezos with Blue Origin, Elon Musk with SpaceX, Richard Branson with Virgin Galactic; and more traditional companies founded by forward-thinking innovators such as Rocket Lab, Vector Launch, PTScientists, etc., whose goal is to meet new market demands with profit generating solutions.
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