space commerce

Language: en

📖 Definitions

  1. The commercial activities and industries related to the exploration, utilization, and exploitation of outer space, including satellite services, space tourism, asteroid mining, and space manufacturing.; The trade and exchange of goods, services, and technologies within the space sector, often involving private companies alongside government agencies.

💬 Examples

  1. Investors are increasingly looking at space commerce as a lucrative frontier for future economic growth.

  2. The new regulations aim to facilitate international space commerce by standardizing launch licenses.