Payload, a new digital media company focused on the business and policy of space, is hoping to bring more professional coverage to an industry that’s growing very big, very fast.
Why it matters: For years, space coverage has focused on the consumer-facing spectacle of space travel instead of the business and societal implications of the industry.
- Payload’s coverage aims to go a step deeper, by providing business and policy coverage to space industry professionals. There are an estimated 2.19 million workers in the U.S. aerospace and defense industry.
- Space is currently a $350 billion a year market and is forecast to grow to $1.4 trillion by 2030.
- “We’re very confident that we’ve raised the right amount of