Every fan of space industry can open their bottle of champagne, because big players like NASA, U.S. Air Force, Lockheed Martin, Maxar Technologies, SAIC and the Israel Aerospace Industries company, Techstars and Starburst Aerospace have decided to to join their forces together to make a space industry accelerator!
Accelerator will be called Techstars Starburst Space Accelerator, with Matt Kozlov as a manager of the whole program, with Van Espahbodi (co-founder of Starburst Aerospace) as his main advisor. TSSA headquarters will be located in Los Angeles, city well known for strong and well established private space sector with companies like SpaceX, Virgin Orbit, Rocket Lab, and many more.
As space is getting more trendy, more investors show up, and estimates tell us that by 2045 this sector of economy will be worth 3 trillion USD.
Sources: Techcrunch