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This book offers a comprehensive overview of current space exploration in terms of geopolitical and commercial aspects. Despite multiple attempts to foster commercial activities in the field of space exploration, for decades the domain largely continued to be funded and led by governments in the form of national and international programmes. However, the situation changed with the retirement of the Space Shuttle and the introduction of NASA’s Commercial Orbital Transportation Services (COTS) programme, which employed an innovative procurement scheme based on competitive, performance-based, fixed-price milestones. The success of this programme marked an important milestone in the evolution of the relationship between government and industry. The growing opportunities for private actors to make more prominent contributions to space exploration also lie in the “New Space” ecosystem, a sectoral transformation characterised by a substantial increase in private investment and the emergence of commercial efforts to develop disruptive concepts and address new markets. .

Aeronautics, Commercial. --- Outer space --- Exploration. --- Air service --- Air transport --- Air transportation industry --- Air transportation system --- Civil aeronautics --- Civil aviation --- Commercial aeronautics --- Commercial aviation --- Aeronautics --- Solar system --- Exploration --- Economic policy. --- Political science. --- Law of the Sea, Air and Outer Space. --- R & D/Technology Policy. --- Political Science. --- Administration --- Civil government --- Commonwealth, The --- Government --- Political theory --- Political thought --- Politics --- Science, Political --- Social sciences --- State, The --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- Law of the sea. --- International law. --- Law of nations --- Nations, Law of --- Public international law --- Law --- High seas, Jurisdiction over --- Marine law --- Ocean --- Ocean law --- Sea, Law of the --- International law --- Maritime law --- Territorial waters --- Law and legislation --- Space industrialization. --- Outer space.