History of Commercial Space Transportation
In a 2012 article in Bloomberg, author Michael Burgan asserted that there is a "grand tradition of private wealth furthering advances in rocketry and space exploration" dating back to the early rocketry experiments of Robert Goddard.
Despite those earlier private undertakings, during the principal period of spaceflight in the mid-twentieth century, only nation states developed and flew spacecraft above the Karman Line, the nominal boundary of space. Spaceflight was thus the monopoly province of a small group of national governments.
Both the U.S. space program and Soviet space program were operated using mainly military pilots as astronauts. During this period, no commercial space launches were available to private operators, and no private organization was able to offer space launches. Eventually, private organizations were able to both offer and purchase space launches, thus beginning the period of private spaceflight.
The first phase of private space operation was the launch of the first commercial communications satellites. The U.S. Communications Satellite Act of 1962 opened the way to commercial consortia owning and operating their own satellites, although these were still launched on state-owned launch vehicles.
History of full private space transportation includes early efforts by Germany OTRAG company in the 20th century and numerous modern projects of orbital and suborbital launch systems in the 21st century. Last ones counts the manned programs also - most famous and important of them are suborbital flights of Virgin Galactic and orbital flights of SpaceX and other COTS participants.
Read more about this topic: Private Spaceflight
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