Outer space has changed. This is not to say that space has realized its full economic potential. Far from it. New Space is privately funded and commercial in nature . New Space products and services are designed, priced and distributed in ways to satisfy direct consumer demands.
New Space is international .
Doing business off the Earth's surface forces firms doing business in the era of New Space to look beyond national boundaries to form joint ventures with international partners who bring access to mass markets or the best technology or distribution networks or critical financing. The result is the emergence of entities that blur the once clear distinctions among individual national space programs. And most importantly, New Space is the Earth's new economic frontier . This is not new. Former Commerce Secretary Ron Brown used to tell the story of ice hockey great Wayne Gretzky, who was once asked what made him such a phenomenal player.