The role of private entities in outer space activities

Author(s)	Ms. GORRELA KOMALIKA SIVA AMRUTA
Country	India
Abstract	Private entities play a significant role in the space industry. Their increasing involvement in outer space activities marks a paradigm shift in space exploration and utilization. Private sector participation has injected unprecedented dynamism into space activities, accelerating technological innovation and reducing costs through competition. Companies like SpaceX and Blue Origin have revolutionized launch capabilities, while others focus on satellite deployment, space tourism, and even asteroid mining. This commercialization has opened new avenues for scientific research, global communication, and economic growth.
Keywords	Private Entities, Outer Space, Privatization, International Law
Published In	Volume 7, Issue 2, March-April 2025
Published On	2025-04-14
DOI	https://doi.org/10.36948/ijfmr.2025.v07i02.41334
Short DOI	https://doi.org/g9fm39

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International Journal For Multidisciplinary Research