, Columnist
You Too May One Day Have Your Own Satellite
SpaceX and Foxconn are creating a future of faster, cheaper and more-accessible flying gadgets.
Within reach.
Photographer: Michael Dunning/The Image Bank RF via Getty Images
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The Space Race, launched more than 60 years ago, kickstarted an unprecedented boom in travel and communications beyond our planet. But it was a realm only available to national governments with multibillion-dollar budgets. Private industry has now taken over the sector, making personal satellite ownership a fast-approaching reality for consumers.
Space Exploration Technologies Corp. and Foxconn Technology Group are working with lesser-known startups like Neumann Space and Exolaunch Gmbh to drastically reduce the cost of building, launching and operating satellites.