The Final Frontier

From its early days with the launch of Sputnik in 1957 and Yuri Gagarin’s flight in 1961, human space exploration has been dominated by long-time rivals the USSR (now Russia) and US.

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The two nations have been in tight competition as to who will be first to the Moon. Throughout this historic race for the ‘ultimate high ground’, businesses took a back seat with most projects being funded and sustained by governments.

It has been almost 50 years since mankind took a giant leap and since then a lot of explorations have been pioneered and numerous technologies advances developed to study space.

Just over the last five years, we have seen tremendous interest and investment pouring into the space sector. In 2016 alone, the global space economy totaled $329 billion with a big chunk of that coming from private enterprises.