Technology

Private Companies Are Launching A New Space Race – Here Is What To Expect

On October 4, 1957 a space race started between Russia and the USA. It then came to an end 18 years later with a handshake in space. That handshake signified the beginning of years of international collaboration in space. However, over the past ten years, a huge change has been witnessed. Private companies are giving governments a run for their money by joining in the space exploration adventure. Because of them, the sector is moving forward more swiftly and vigorously. (adsbygoogle = window.adsbygoogle || []).push({}); The argument here is that a new space race has started. Private institutions are competing against government institutions and against each other. This new race is different in that, instead of competing to be the first to attain a certain goal, the inst...

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