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America’s SPAC-funded NewSpace industry is crashing

America’s SPAC-funded NewSpace industry is crashing
By Edward Hearst

The U.S. government can preserve America’s technological edge in space by providing a fair shot and helping hand to the NewSpace industry. Not cash subsidies, but rather open competition and contracts that promote the development of the industrial base by tasking these companies to provide the products and services DoD, the intelligence community, NASA, NOAA, and other agencies need.

The post America’s SPAC-funded NewSpace industry is crashing appeared first on SpaceNews.



May 11, 2023 at 12:24AM
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