While visionary corporate leaders may be willing to take high risks on space, a space economy will rely on markets to price risk and insure space activity. Normalizing business in space will require the United States to provide the public good of security in Earth orbit, just as the US Navy instills confidence in maritime commerce on the high seas.
Air Force Secretary Deborah Lee James traveled through Asia, visiting Indonesia, India, Singapore, and the Philippines at the end of the summer. We didn’t hear a great deal about the trip in the US at the time but her meetings with her defense counterparts clearly impressed. In this op-ed, James shares the lessons she learned. China…
While visionary corporate leaders may be willing to take high risks on space, a space economy will rely on markets to price risk and insure space activity. Normalizing business in space will require the United States to provide the public good of security in Earth orbit, just as the US Navy instills confidence in maritime commerce on the high seas.
By Hoss Cartwright and Deborah Lee James