Financing the New Space Industry: Breaking Free of Gravity and Government Support

Author:   Howard E. McCurdy
Publisher:   Springer Nature Switzerland AG
Edition:   1st ed. 2019
ISBN:  

9783030322915


Pages:   122
Publication Date:   20 November 2019
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Financing the New Space Industry: Breaking Free of Gravity and Government Support


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Overview

This Palgrave Pivot investigates the efforts of five aerospace companies—SpaceX, Blue Origin, Virgin Galactic, Orbital Sciences, and the Boeing Company—to launch their entry into the field of commercial space transportation. Can private sector firms raise enough capital to end the usual dependence on government funding? What can historical examples of other large-scale transportation initiatives, such as the first transcontinental railway and the first commercial jetliner, teach us about the prospects of commercial space flight? As Howard E. McCurdy shows, commercializing space is a great experiment, the outcome of which will depend on whether new space entrepreneurs can attract support from a variety of traditional and nontraditional sources.

Full Product Details

Author:   Howard E. McCurdy
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2019
Weight:   0.454kg
ISBN:  

9783030322915


ISBN 10:   3030322912
Pages:   122
Publication Date:   20 November 2019
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1. Introduction: The View from the Mezzanine in Kent, Washington 2. The Dream of Commercial Space Flight 3. Financing Privately Developed Transportation Schemes: Precedents from the First Transcontinental Railroad 4. How Corporate Executives Approach Business Decisions: Financial Planning for the Boeing 707 Jetliner 5. Five Case Studies 6. Boeing: Pairing Commercial Work with Government Contracts to Reduce Risk 7. SpaceX: Leveraging Government Support to Raise Private Capital 8. Blue Origin: The Entrepreneur as Philanthropist 9. Virgin Galactic: Promoters and Prizes 10. Orbital Sciences: The Challenge of Breaking Away from Government Contracts as a Source of Revenue Flow 11. Other Methods of Government Support 12. Reflections and Summary

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Howard E. McCurdy is Professor in the School of Public Affairs at American University in Washington, D.C.

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