© 2018

Emerging Space Markets

  • Provides an analysis of Space Agencies' initiatives and their role in encouraging technology innovation, and creation of sustainable commercial space markets

  • Provides an analysis of the risks, evolution, possible benefits and future trends in commercial space markets

  • Offers a synopsis of the major lessons learnt from commercialization of space technology


Part of the Space Technology Library book series (SPTL, volume 35)

Table of contents

  1. Front Matter
    Pages i-xxiii
  2. Stella Tkatchova
    Pages 21-34
  3. Stella Tkatchova
    Pages 35-47
  4. Stella Tkatchova
    Pages 73-91
  5. Stella Tkatchova
    Pages 93-105
  6. Stella Tkatchova
    Pages 107-118
  7. Stella Tkatchova
    Pages 119-125
  8. Back Matter
    Pages 127-139

About this book


This book analyzes the commercial space activities and commercialization processes of the last fifteen years and maps the future challenges that NewSpace companies will face developing commercial space markets.

What is new and what has happened in these markets up till now? Is there a business case for private companies for commercial space? What are the targeted commercial space markets?  Who are the future customers for commercial space transportation markets? How can NewSpace companies attract investors? Can we learn lessons from traditional space industries or other companies in other areas?  In what way have the last fifteen years made a difference in the evolution of space markets? Is there a future for in-situ resource mining, space debris services, in-orbit satellite servicing and sub-orbital transportation?  What are the lessons learned from ISS commercialization?

In addition the reader will find a synopsis of several space transportation programs, commercial space markets, future Moon and Mars missions, in-situ resource exploitation concepts, space debris mitigation projects and sub-orbital commercial markets. Major lessons learned are identified, related to the attraction of first time customers and long term R&D funding, managing technological and market risks and developing new markets and applications.


Commercial Space Markets Commercial Spaceflight Federation Financing Commercial Space Projects Low Cost Launchers Low Cost Crew and Cargo Transportation Vehicles NASA COTS, NASA CRS and NASA CCDev programs NewSpace Companies Space Agency Technology Roadmaps Sub-orbital Vehicles

Authors and affiliations

  1. 1.BrusselsBelgium

About the authors

Dr. Tkatchova is a project manager for a Belgian space company and previously worked as a project manager on long-term research innovation for the European Commission. She also worked at the European Space Agency (ESA) on  payload commercialization and industrialization for the International Space Station. In 2006 she was awarded a PhD by the Faculty of Aerospace Engineering of  the Technical University of Delft (The Netherlands) and she holds a Master of Science degree from the International Space University (ISU).


She is the founder of the International Journal of Space Technology and Management (IJSTMI), an author of several articles on the commercialization of space technology and the book ‘Space-based Technologies and Commercialized Development’. Her work and research experience give her a unique insight in the financial and management issues that impact the future of commercial space markets and NewSpace companies.

Bibliographic information

Industry Sectors
Energy, Utilities & Environment
Oil, Gas & Geosciences