There's some good and bad in Newspace

There's some good and bad in Newspace
by The Irish Cardinal (2020-05-30 18:22:50)

In reply to: I just can't get into new space posted by Ravenium

I've seen some companies - led by big names like SpaceX and Blue Origin - that have spearheaded a lot of new tech development. Things like reusable rockets, very large satellite constellations, and small satellite tech. Great stuff.

But for every one of those, I've seen about five companies that never should have gotten off the drawing board. It seems like Newspace culture brings out the worst elements of Silicon Valley startups. From how they treat their personnel to the obfuscation about their business plan, even as far as never intending to accomplish what they set out to do.

So yeah, it's hard for me to get excited about Newspace, either, but I have a healthy amount of respect for what SpaceX has accomplished here.

Replies:

The small rocket space is going to collapse. - R2D2isAMeanDrunk 2020-05-30 18:45:38
- Yes, too many companies, not enough customers. - The Irish Cardinal 2020-05-30 22:19:19
  - It feels a little like the Internet model. - VTND 2020-05-30 23:01:47
    - Lecturer at the most recent Iridium event said... - Giggity_Giggity 2020-05-31 00:36:17
      - Speaking of Iridium...read an investment article on them - rflor 2020-05-31 08:06:11
    - It’s like the horseless carriage. Why would anyone want one. - socal_doubledomer74 2020-05-30 23:30:08
      - I want to believe. * - R2D2isAMeanDrunk 2020-05-31 01:00:54