The concept of private enterprise exploiting space to build and grow thriving business ventures is nothing new. It has been around since 1965. That’s when the first commercial satellite, called Early Bird, went into regular revenue service with 240 telephone circuits.
Since then, the private sector has continued to expand its involvement in space activities beyond anything most people could have imagined 50 years ago, when President Kennedy exhorted the nation to land Americans on the moon and return them safely by the end of the 1960s. As celebrated as NASA’s Apollo missions were, climaxing in Neil Armstrong’s radio transmission, “That’s one small step for mankind…” from the moon’s surface in July 1969, it is easy to overlook the fact that private enterprise has designed, built and helped operate the spacecraft and infrastructure for every US civil and military space mission. And the same goes for every other space mission in the Free World.