US Sees Record Year for Private Space Sector in 2020

The US government is expecting to issue between 40 to 50 licenses in the 2020 budget year which began in October.

Advertisement
By Agence France-Presse | Updated: 30 January 2020 13:53 IST
Highlights
  • US is planning to step up its space rocket launches in 2020
  • It is expecting to issue 40-50 licenses in the 2020 budget year
  • FAA gave out 31 licences in 2019

The increase in launches will be driven largely by private sector companies like SpaceX

The US plans to step up its space rocket launches in 2020, officials said Wednesday, an increase driven largely by private sector companies like SpaceX.

The government is expecting to issue between 40 to 50 licenses in the 2020 budget year which began in October, said Wayne Monteith, the official in charge of space flight at the Federal Aviation Administration (FAA).

By comparison, the FAA gave out 31 licences in 2019. These licenses include rockets that place spacecraft into orbit, but also test flights of space tourism companies like Blue Origin and Virgin Galactic, and even the return to Earth of SpaceX's Dragon cargo capsules from the International Space Station.

Advertisement

"This industry is pushing the bounds of what's possible," said Monteith, speaking at the Commercial Space Transportation Conference in Washington.

Advertisement

At the height of the Cold War, the US and the Soviet Union made dozens of launches a year, but these were mostly for military purposes and state-financed.

Monteith hailed SpaceX, which launched the fourth cluster in its high-speed Internet satellite constellation Starlink on Wednesday, and is expected to send astronauts to the ISS for the first time this year.

Advertisement

But 2019 also saw the rise of a smaller American company, Rocket Lab, which has completed 10 launches since 2018 using small rockets that took off in New Zealand.

China has led the world in rocket launches in recent years, though its space industry relies heavily on the public sector and military.

Advertisement

There were 34 launches in China in 2019 compared to 21 for the United States and 25 for Russia, according to Gunter's Space Page.

 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: SpaceX, US, Blue Origin
Advertisement

Related Stories

Popular Mobile Brands
  1. Realme 15T 5G India Launch Today: All You Need to Know
  1. BCCI Says Crypto, Real Money Gaming Platforms Can’t Bid for Team India’s Title Sponsorship
  2. Scientists Discover Hidden Mantle Layer Beneath the Himalayas Challenging Century-Old Theory
  3. Astronomers Propose Rectangular Telescope to Hunt Earth-Like Planets
  4. Microsoft Testing Native Clipboard Sync Feature to Share Text Between Windows PCs, Android Devices
  5. Su From So OTT Release: When and Where to Watch This Kannada-Language Horror-Comedy Online
  6. Sennheiser Momentum 4 Wireless 80th Anniversary Edition Launched in India With Up to 60 Hour Battery Life
  7. Call of Duty Film Adaption Said to Be a 'Priority' at Paramount, Negotiations on to Acquire Rights
  8. Cannibal Solar Storm May Trigger Auroras as Powerful Geomagnetic Storm to Hit Earth Soon
  9. Apple's iPhone 8 Plus Listed as Vintage Product Ahead of iPhone 17 Launch, 11-Inch MacBook Air Now Obsolete
  10. Hidden Reason Behind Portugal’s Deadly Earthquakes Finally Explained
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.