Friday, October 7, 2011

Public-Private Initiatives Push Space Industry Forward

The Daytona Beach News-Journal reports that "Representatives from NASA and Space Florida met with's North East Regional Board of Advisors at the Daytona Beach Area Chamber of Commerce offices to raise awareness of the public-private initiatives that are pushing the space industry forward, in spite of a shutdown of the space shuttle program and cutbacks in federal funding for NASA."

Mike Vinje, partnership development manager for both Kennedy Space Center and NASA, said the space center is working with private companies and individuals who want to launch rockets or space vehicles from Cape Canaveral or do research on space exploration or technologies.

Space is a $250 billion business, and private entities have a right to a piece of that pie, Vinje said, especially when the federal government can't devote many resources to development.

"One of the very few ways NASA can maintain capability is to let commercial come in and fill the gap and let them carry the ball and keep the industry going," he said.

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