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The Business of Space

  • Stefania Paladini
Chapter

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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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Stefania Paladini
    • 1
  1. 1.Birmingham City UniversityBirminghamUK

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