by Douglas Messier
Managing Editor

For eight years, they thundered aloft in cramped Russian spacecraft from a former Soviet spaceport in Kazakhstan, battling bureaucracy and gravity to blaze a trail across the heavens and redefine what it meant to be a space traveler. No longer would access to orbit be limited to highly trained astronauts chosen on merit and working on behalf of their nations; instead, space would be open to any sufficiently healthy people with enough money and moxie to qualify.

Falcon 9 launches the Dragon CRS-9 mission to the International Space Station. (Credit: NASA)

NASA’s new publication, “Economic Development of Low Earth Orbit,” consists of a series of papers that examines a number of important policy questions that will be of rising importance as NASA transitions human spaceflight in LEO to the private sector.

One of the papers, “Venture Capital Activity in the Low-Earth Orbit Sector,”
has detailed information on what U.S. venture capitalists have invested in. Key excerpts from the paper follow.
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