Unfortunately it does not seem true to me. People are getting serious
about space applications e.g. satellite telecom, navigation and
observation of the earth. All these space applications in earth orbit
started with government money but it has been already demosntrated
that you can make money with them, so private investment is coming in.
By "space development" I understand manned programs that may prepare
the way for human settlements in space. Here it is too early for
private investment and public money is still needed, but I do not see
much support apart from "lip service".
>Well, people finally seem to be getting serious again about
>space development.
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