||The examples and perspective in this article may not represent a worldwide view of the subject. (October 2011)|
NewSpace—formerly alt.space; also "new space", and entrepreneurial space—are umbrella terms for a movement and philosophy often affiliated with, but not synonymous with, an emergent private spaceflight industry. Specifically, the terms are used to refer to a community of relatively new aerospace companies working to develop low-cost access to space or spaceflight technologies and advocates of low-cost spaceflight technology and policy.
The term alt.space was first used in the early 1980s to describe companies that were making serious efforts to reach outer space without cooperation with NASA, other governmental agencies, or their contractors. Near the end of the 1990s, a dramatic increase in companies engaging in this process led to the common usage of the phrase "new space companies"; "NewSpace" and "entrepreneurial space" are now the most commonly used terms, though "alt.space" is still occasionally found.
NewSpace is a term that has had some variation in meaning since "supplanting the geekier 'alt.space' moniker" after about 2006.
NewSpace is defined by HobbySpace.com as covering "approaches to space development that differ significantly from that taken by NASA and the mainstream aerospace industry". Definitions of what exactly is and is not NewSpace vary but typically include several of the following criteria:
- Development of launch systems principally with private funding, with only secondary or no involvement with government spaceflight programs and contractors. Private companies that conduct aeronautical efforts, such as Boeing, are generally not considered part of NewSpace due to their heavy reliance on NASA development funding as part of their business model. NewSpace companies need not universally avoid NASA, often participating in projects such as Commercial Orbital Transportation Services, but tend to focus primarily on consumers in the private sector.
- Low cost approaches or budgeting plans. Due to the highly expensive nature of spaceflight and lack of government funding, many NewSpace companies consequently take a low-cost approach to constructing launch vehicles and other necessary components. NewSpace companies commonly participate in, or are created to participate in, projects such as the Ansari X Prize and the Google Lunar X Prize.
- Primary drive towards innovation. "A NewSpace company might use innovative new technologies that will lead to low cost, robust space systems. Or a company might simply combine currently available, "cheap-off-the-shelf" (COTS) technologies in an innovative manner that provides a new and highly capable system at lower costs."
- Incremental development that is profitable even at initial low-levels of space system complexity and capability. Many NewSpace development projects follow the "model of other technologies such as computer chips and LCD displays. Start with systems of limited capability but with markets that can provide a profit and thus pay for the development necessary to make the next step up in capability. Over time this can have a tremendous pay off as hardware improvements are compounded and markets expand."
- Aim to increase human presence in outer space. Many NewSpace companies, such as Bigelow Aerospace and XCOR Aerospace, have publicly stated goals to send civilian humans into outer space on a mass scale and/or at low end-user costs.
Mojave, California has been described as "the Silicon Valley of NewSpace". Mojave is home to Masten Space Systems, Scaled Composites, XCOR Aerospace, and the Mojave Spaceport, the world's first private space launch facility.
Following the successful third flight of the Dragon spacecraft in May 2012 by private company SpaceX, some financial industry analysts are now handicapping NewSpace companies and the projected performance of infrastructure vs. application companies in the evolving industry.
Among the verticals are:
- Energy harnessing
- Funeral Services with Space Burial. Both Elysium Space and Celestis offer mass-market services.
- Imagery for Earth and Space with companies such as Skybox Imaging and Planet Labs
- Mining of asteroids and planets (notable companies include Planetary Resources and Deep Space Industries.)
- Real Estate with Bigelow Aerospace
- Scientific Research brokerage with NanoRacks
- Tourism with Space Tourism, Private Spaceflights. See the list of private spaceflight companies. Such companies include Space Adventures (live) and Virgin Galactic (in progress).
Much of the alt.space activity in the United States is now involved in government licensing activities and regulation development for proposed spaceflights, managed by the Federal Aviation Administration
The following are companies and organizations generally regarded as both alt.space and successfully active (or previously successfully active).
- Altius Space Machines
- Andrews Space as of 2012[update]
- Astrobotic Technologyas of 2011[update]
- B612 Foundation
- Bigelow Aerospace
- Blue Origin
- BOOSTER Space Industries
- Celestial Circuitsas of 2011[update]
- Copenhagen Suborbitalsas of 2010[update]
- Cosmica Spacelines
- Clyde Space
- Crater Exploration
- Dauria Aerospace
- Deep Space Industries
- Digital Solid State Propulsion
- Ecliptic Enterprises
- Effective Space Solutions
- Elwing Company 
- Elysium Space
- Escape Dynamics
- Exos Aerospace
- Fast Forward Project
- Final Frontier Designas of 2011[update]
- Firefly Space Systems
- Galactic Suite Designas of 2012[update]
- Garvey Spacecraft
- Generation Orbit
- Golden Spike Company
- Innovative Space Propulsion Systemsas of 2011[update]
- Inspiration Mars Foundation
- JP Aerospace
- Made in Space (company)
- Masten Space Systems
- Mars One
- MDA Corporation
- Moon Expressas of 2011[update]
- Planet Labs
- Planetary Resources
- Pocket Spacecraft
- Raptor Space Services
- Rocket Lab
- Rocket Racing Leagueas of 2010[update]
- Scaled Composites
- Shackleton Energy Company
- Sierra Nevada
- Silicon Valley Launch
- Skybox Imaging
- Space Systems/Loral
- Spire Global[when?]
- Swiss Space Systems
- Space Pharma
- Stratolaunch Systemsas of 2012[update]
- Terminal Velocity Aerospace
- The Spaceship Company
- UP Aerospaceas of 2009[update]
- Ventionsas of 2012[update]
- Virgin Galactic
- XCOR Aerospace
- Zero Gravity Corporationas of 2012[update]
- ÅAC Microtec 
- Astronauts for Hire
- Commercial Spaceflight Federation
- Earthrise Space Foundation
- National Space Society
- OpenLuna Foundation
- Space Access Society
- Space Angels Network
- Space Frontier Foundation
- Space Settlement Institute
- Space Studies Institute
- Space Tourism Society
- Students for the Exploration and Development of Space
- Yuri's Night
- Mars One
- Rotary Rocket
- Rocketplane Kistler
- SpaceDev–acquired by Sierra Nevada Corporation in 2008
- PanAero, headed by Len Cormier
- Pioneer Rocketplane
- X Prize Cup competition
- List of private spaceflight companies
- Private spaceflight
- Space Frontier Foundation
- X Prize Foundation
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-  Archived 4 July 2008 at the Wayback Machine
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Since the term came into vogue about five years ago, supplanting the geekier “alt.space” moniker, it’s been most commonly associated with entrepreneurial ventures developing suborbital and orbital vehicles. ... While an exact, widely-accepted definition of NewSpace still eludes the space community, it’s increasingly clear that constraining the scope of NewSpace to vehicle developers is too limiting. ... SpaceX, Virgin Galactic, XCOR Aerospace, ... New companies are emerging that seek to develop technologies that can either enable or be enabled by low-cost access to space and thus can arguably be considered part of NewSpace. [Examples include] Altius Space Machines ... Masten Space Systems ... Innovative Space Propulsion Systems ... Celestial Circuits [and] Final Frontier Design. ... NewSpace ... is a way of doing business and NewSpace is an industry doing business in a new way. ... NewSpace is an industry that’s doing business for a purpose ... a NewSpace company is a company that is built, formed, operated by, funded by, or has as part of its business plan the opening of the space frontier, and making a profit while doing so ... It is the industrial engine that will power the movement towards a more fundamental goal of space settlement.
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Andrews Space, Armadillo Aerospace, ... Commercial Spaceflight Federation, ... Masten, Moon Express, Nanoracks, National Space Society, Odyssey Moon, Orbital Outfitters, Paragon Space Development Corporation, Planetary Resources, ... Scaled Composites, Space Access Society, Space Adventures, Space Angels Network, Sierra Nevada Corporation–Space Systems, Silicon Valley Launch Space Systems, SpaceX, Space Island Group, The Space Settlement Institute, Space Studies Institute, The Spaceship Company, Space Tourism Society, Stratolaunch Systems, Tethers Unlimited, UP Aerospace, Virgin Galactic, X-Prize Foundations, XCOR Aerospace, Xtraordinary Adventures, zero G
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