SatNews: NSR’s Report Sees Orbital Travel Culling Billion$$ In Space Travel Revenue
NSR’s newly released Space Tourism & Travel Markets, 3rd Edition (STT3) report sees more than 57,500 passengers heading to space through the decade, generating $20.3 Billion cumulative revenues. As the most stable and lucrative segment through 2031, Orbital Travel is set to capture 66% of total revenue opportunity. Orbital Travel has strong government support with initiatives such as the Commercial Crew program and commercial company led Space Station development. High ticket prices, coupled with very strong demand, results in a fast-growing market, even amongst delays.