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Origin:European Business Journal, Vol.1 No.2. February 1989

The space industry is approaching a major turning-point. Within twenty years, and possibly within ten, space transportation will finally 'come of age' with the development and operation of fully reusable launch vehicles. These will reduce the cost of access to space by 90% initially, and eventually by 99%. As a result of the timing of system development cycles, Europe is in a position to take the lead in this evolution, with important economic and political benefits. However, if current plans are followed, Europe will miss this opportunity, and it will be exploited by other countries. In order to avoid this, greater weight must be given to commercial considerations in Europe's space planning.

  • The prospects for European aerospace transporters, Part 1
  • The prospects for European aerospace transporters. Part 2
  • An alternative to Hermes: A solution for the European space industry
  • Japanese outline spaceplane program at international forum
  • Sanger II. an advanced launcher system for Europe
  • Spaceports and new industrialized areas in the Pacific Basin
  • Aviation Week and Space Technology
  • Space Policy [j]
  • Economics of space and the role of government
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