4.6 • 1.2K Ratings
🗓️ 12 July 2023
⏱️ 6 minutes
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The moon may soon be open for business, and space startups in Colorado are seizing the opportunity. Colorado Public Radio’s Dan Boyce reports from a warehouse in Arvada, Colorado, where one startup is testing its moon rover, currently scheduled to land on the lunar south pole later this year.
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0:00.0 | Marketplace Morning reports new Skin in the Game series explores what we can learn about |
0:04.6 | money and careers from the $300 billion video game industry. Plus, here how an Oakland-based |
0:11.0 | program helps young people get the skills they need to break into this booming industry. |
0:15.9 | Listen to Skin in the Game and more from the Marketplace Morning report wherever you get your |
0:20.7 | podcasts. The path to a lunar economy seems to be going through Colorado. From American public |
0:29.7 | media, this is Marketplace Tech. I'm Megan McCarty-Karino. |
0:42.4 | Colorado's front range is home to a bunch of the state's big cities like Denver, Boulder, |
0:48.8 | and Colorado Springs, and the region has the densest concentration of space industry workers |
0:55.5 | in the country. That's in part because of Colorado's long history with military aerospace |
1:01.3 | development, which has helped seed a thriving space start-up scene. In the last decade commercial |
1:07.6 | rocket companies like SpaceX have dramatically brought down the cost of going into space, |
1:13.5 | like by as much as 90 percent. And that's meant brand new opportunities for small niche companies |
1:20.5 | that want in on this emerging market as Colorado Public Radio's Dan Boyce reports. |
1:26.7 | Not too many Coloradans have spent an afternoon lounging at crater beach in the city of Arvada. |
1:33.6 | That's probably because it's inside a warehouse filled with about 30 tons of sand and artificial |
1:39.0 | boulders. On this day, a mini lunar rover about the size of a shoe box rolls around the fake beach. |
1:46.0 | It's testing autopilot software and was developed by a space start-up called lunar outpost. |
1:52.0 | 30-year-old Justin Cyrus is the CEO. His career started with commercial space giant Lockheed Martin. |
1:58.9 | But I wanted to be in an area of space where we can innovate more and move a little bit quicker. |
2:04.4 | Lunar outpost has about 70 employees and it's one of many small companies competing for a slice of |
2:10.8 | the industry. Bob Cone is the chair of the Colorado Space Business Roundtable. To me, it's a |
2:16.7 | renaissance in space right now. He's been in the field for more than three decades. |
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