Abstract: | The feasibility of building commercial spaceports is being actively investigated in several countries. Potential benefits include boosting economic development and assisting the commercial launch industry. This report finds, however, that commercial spaceport development will probably not be capable of generating a large enough return on investment to attract private sector involvement without significant government assistance. It is also unlikely that the market for large launch vehicles will support spaceport development; however, small satellites may offer better prospects. |