Since the retirement of NASA’s Space Shuttle fleet, space travel has received relatively few headlines. However, a new report by Deutsche Bank analyst Myles Walton looked at the big business of space travel and which companies are best positioned to profit.

The Numbers

The economics of space travel are staggering. According to Walton, the U.S. military launch market, the U.S. human space market and the U.S. military satellite market combine to make the U.S. space market a $40 billion annual market.

Since the Space Shuttle fleet was parked, the United States has been paying Russia $82 million per seat for taxi rides to the space station. In addition, the U.S. military spends an estimated $20–25 billion per year on space-related programs outside of launch.

Inflection Point

Walton believes…

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