Advancements in small satellites a fraction of the size of those already circling the Earth have companies scrambling to capitalize on the burgeoning “CubeSat” industry. Yet more sophisticated uses of the still-adolescent technology remain unproven amid concerns over the long-term viability of the sector.
The U.S. space industry is going through a revolution. Companies such as SpaceX, owned by Tesla founder Elon Musk, are helping to pivot the sector toward a more sustainable commercial model. President Trump’s plans for a new branch of the armed forces dedicated to space have focused attention on the domain at a level not seen in decades. And products with heightened capabilities in a slew of different areas are helping to drive down overall costs and fuel outside investment.
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