Tech
Private spaceflight business looking viable
SpaceX COO, Gwynne Shotwelll has informed that the company plans to increase its rocket production and also move up the pace of launches this year and the next.
Shotwell made the announcement during the FAA’s Commercial Space Transportation Conference earlier this week, an announcement which gives the hint that private spaceflight is starting to look a lot more like a viable business.
Read also: Microsoft, GoPro sign patent deal
“Now we’re in this factory transformation to go from building six or eight a year to about 18 cores a year. By the end of this year we should be at over 30 cores per year,” Shotwell said. “So you see the factory is starting to morph.”
Continuing, Shotwell said the new changes include doubling the number of first stages that can be assembled at one time from three to six.
Business has been booming for SpaceX with the company carrying supplies to and from the International Space Station, and it also launches commercial satellites into orbit.
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