The Houston area is now a hub
for commercial space ventures including SpaceX, Sierra Nevada Corp, and Ad Astra Rocket Company (AARC)-- who are working to develop advanced plasma rocket propulsion using a concept which has been in development by the company's CEO since 1979.
The Commercial Space Launch Competitiveness Act (CSLCA)
provides commercial space ventures with stable industry regulations — and encourages private sector investment in space companies.
Chad Anderson is a Managing Partner of Space Capital and CEO of Space Angels, together the leading source of capital for space startups, where he has invested millions of dollars of private capital into
new commercial space ventures.
Rep. Jim Bridenstine, an Oklahoma Republican with a record supporting both
commercial space ventures and traditional manned exploration programs, appears to be the leading candidate to become the next NASA administrator.
Galactic Ventures is Virgin group's
commercial space venture that has mainly focused on commercial space tourism.