Over the past few decades, the space environment has dramatically changed as private companies entered the space exploration domain, meaning the sector is no longer the sole preserve of governments and their space agencies, such as NASA and the European Space Agency (ESA). Unlike the space race that occurred between the United States and Russia, this new era of the space race is accelerated by the competition of customers. Private companies in many nations have been involved in the satellite market for many years, and their efforts have paved the way for entrepreneurs to develop their own vision and contribution to space exploration.
