From Citizendium - Reading time: 1 min
NewSpace is the name given to new entrepreneural human spaceflight development activities.
To be considered NewSpace an effort should have such characteristics as these:
The primary differences between conventional space activities and NewSpace activities are private entrepreneural effort and unconventional development approaches. The advocates of NewSpace celebrate its entrepreneurial spirit, which they contrast with more bureaucratic, state-run space activities, characterized by NASA and ESA.
Specific examples of NewSpace activities are: