In a bold prognosis as to, What is waiting for the future space industry, Space Capital Venture Company predicts, that Boeing and Airbus will give up their space units in 2025 year, marked by significant changes in commercial space landscape.
The forecast is made against the backdrop of widespread trends in the space industry, In which Space Capital predicts, what 2025 year will be "one of the most transformative years in the history of the space economy". This forecast was partially influenced by Elon Musk's significant position in the Trump administration, which, as Space Capital expects, will be "strongly pro-growth and anti-regulation" on the industry.
The company's report emphasizes, that increasing defense spending is a crucial factor, which will determine the future of the industry. Growing concern over China's space capabilities, particularly the growing influence of its BeiDou navigation system, encourages such US initiatives, as implementation of alternative positioning systems, navigation and time, which are offered by commercial companies, as well as Resilient Global Positioning Systems programs (R-GPS), which aims to strengthen the GPS infrastructure through commercial partnerships.
The increased focus on defense is already evident in the industry's latest moves. Rewire, which is traditionally focused on space infrastructure, going to buy Edge Autonomy for 925 millions of dollars, indicating a strategic turn to defense technologies. Similarly, Voyager Technologies (formerly Voyager Space) announced restructuring, to focus on working with the defense and national security sector.
This trend extends to other players in the space sector. Planet, satellite operator for image acquisition, and satellite startup K2 Space recently hired former Defense Department officials, indicating their intention to continue military contracts.
Source: https://spacenews.com/space-venture-firm-predicts-industry-shakeup/