Commercialization of space is the use of equipment sent into or through outer space to provide goods or services of commercial value, either by a corporation or state. Examples of the commercial use of space include satellite navigation systems, satellite television and satellite radio. In 2004, global investment in all space sectors was estimated to be $50.8 billion.
Read more about Commercialization Of Space: History, Subscription Satellite Services, Transponder Leasing, Ground Equipment Manufacturing, Satellite Manufacturing, Satellite Imagery, Space Transportation, Economic Factors, Space Tourism
Famous quotes containing the word space:
“The peculiarity of sculpture is that it creates a three-dimensional object in space. Painting may strive to give on a two-dimensional plane, the illusion of space, but it is space itself as a perceived quantity that becomes the peculiar concern of the sculptor. We may say that for the painter space is a luxury; for the sculptor it is a necessity.”
—Sir Herbert Read (1893–1968)