The real opportunity in space business is data, not tourism ...Middle East

Quartz - Economy
The real opportunity in space business is data, not tourism
source : Quartz ( Middle East ) () 21
The most important news in space business aren’t Richard Branson and Jeff Bezos’ suborbital joy rides. It’s the decision by Planet, the satellite data company, to go public after being bought by a special-purpose acquisition company (SPAC), DMY Technology Group.Planet is the most mature space company to come to market—it had more than $114 million in revenue last year, which is more than comparable new space businesses that went public through SPACs: Virgin Galactic, a suborbital tourism company, earned $238,000; Spire, another satellite imaging firm, earned $29 million; and Rocket Lab, the launch vehicle maker, earned about $35 million.It’s also doing the most to mainstream space business,

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