In these last 70+ years, we have made tremendous progress in space-related aeronautical engineering, satellite technology and other ancillary technologies required for space exploration and research. Today, the word moonshot has become a general word to describe anything disruptive that tackles a big problem, often on a global scale.
Until the dawn of this century, almost all space research was government-led. There were of course private sector companies that worked with these space companies to supply parts, accessories and vehicles, however, the thought leadership, research and development were largely in the hands of the government agencies.
This made sense, as space research had little or no commercial returns back then and thus had to be led by institutions where the return on investment was not the priority. Thus, agencies like NASA, ISRO etc. have worked continuously and consistently over decades to set up strong platforms and bodies of work on which the private sector companies and start-ups, which we will now talk of in this article, can thrive.