What Happened
Enabling Private Sector Growth Through Market Infrastructure
Nebex CEO Tejpaul Bhatia argues that NASA’s goal of creating a commercial space economy requires more market infrastructure and business model innovation. With the retirement of the International Space Station and limited launch availability, new space startups face significant challenges. Bhatia suggests that NASA can enable a commercial space economy by structuring programs that shape the market, such as streamlining the supplier vetting process and placing a premium on binding commitments from partners. This approach could benefit both NASA and its international partners, and was first reported by Fortune.