Abstract
The following quotation from the EU’s policy paper defines the peculiarities of the space industry, together with its key characteristics: “The space manufacturing industry (satellites, launchers and ground segment) is a strategic, high-tech, high-risk and investment intensive industry with long development cycles and low production rate. In all space-faring nations, space industry mainly depends on institutional programmes, which take two forms: financing of research and development programmes and buying space products and services, as customers of the industry” (European Commission 2013: 3).
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Paladini, S. (2019). The Business of Space. In: The New Frontiers of Space. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-19941-8_3
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DOI: https://doi.org/10.1007/978-3-030-19941-8_3
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