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Nevertheless, they all have been affected to some degree by the following developments: the ever-increasing costs of producing complex new aircraft and spacecraft, the globalization of the economy, the volatile level of government spending on defense-related projects, the state of commercial air travel and its needs, and the commercialization of space and the prospect of its low-cost access.
These "commercial" flights will replace the regular shuttle missions and hopefully bring the commercialization of space flight closer to a common reality.
For many, this is reason enough to invest in the commercialization of space.
That the X Prize winner is privately financed may clear the way for faster "commercialization" of space travel.
As reported by CB Insights, VCs are paying more attention to technology startups that are accelerating the commercialization of space.
The commercialization of space began in 1965 with the deployment of the first private communications satellite IntelSat1, only 4 years after US FCC Commissioner Craven saw "no chance communications space satellites will be used to provide better telephone, telegraph, television, or radio service inside the United States".
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"The same tough time that we went through back in 1992 and '93 with the commercialization-of-space strategy.
"This is nothing more than corporate graffiti," said Vanessa Gruen, director of special projects for the Municipal Art Society, a civic organization that has long battled commercialization of public space.
[Page C9.] "People do not need to worry that there will be a grotesque commercialization of public spaces," Mr. Benepe stressed.
Therefore the commercialization of land and space in the third wave of globalization causes the entanglement of global capital, administrative power at different levels of the state, and individuals' daily life.
Although some commentators say the flight may open a new era of space commercialization, its most likely impact will be on tourism.
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