Private companies like SpaceX are taking on established space agencies. Germany is hoping to shore up its position by opening a spaceport on the North Sea.
Satellite data is growing evermore crucial to a range of economic sectors, from digitalized industrial production to self-driving vehicles.
Companies like SpaceX, with its huge fleet of satellites and rockets, represent dangerous competition for established space-faring countries.
To start, Dutch company T-Minus will launch a rocket from the German-Offshore Spaceport Alliance (GOSA) mobile platform.
In the future, the North Sea platform will be used for European microlaunchers — rockets loaded with small satellites — capable of carrying up to one ton into low-Earth orbits.
The BDI introduced its "NewSpace" initiative four years ago with hopes of seeing Germany profit from the booming commercialization of space travel.
This leads to bottlenecks in land-based spaceports," Sabine von der Recke, a member of GOSA's management board, said.
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Good. The situation now is not great. One single company is beating the rest of humanity combined. Every major economic power should have their own launch capabilities.