Race To Space

Space companies of the future.

While space flights are one of the most exciting space ventures, following are other opportunities industry experts predict will pop up in the not-so-distant future:

• Looking to reduce delivery time, leading package companies hope to use fast cargo-delivery vehicles to send shipments via space.

• A demand for low-cost satellite launching and servicing is expected to proliferate due to anticipated growth in the communications industry.

• Hospitality companies, including Hilton Hotels Corp., are seeking ways to build resorts in space.

• Companies in need of geographic data or photographs of the earth will hire satellite-based remote imaging services to provide this kind of information.

This article was originally published in the November 1998 print edition of Entrepreneur with the headline: Race To Space.