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Innovative Space Propulsion Systems
Private spaceflight is spaceflight or the development of spaceflight technology that is conducted and paid for by an entity other than a government agency. In the early decades of the Space Age, the government space agencies of the Soviet Union and United States pioneered space technology in collaboration with affiliated design bureaus in the USSR and private companies in the US, entirely funding both the development of new spaceflight technologies and the operational costs of spaceflight. The European Space Agency was formed in 1975, largely following the same model of space technology development. However, Arianespace became the world's first commercial launch service provider in the early 1980s. Later on, large defense contractors began to develop and operate space launch systems, derived from government rockets. Private spaceflight in Earth orbit includes communications satellites, satellite television, satellite radio, astronaut transport and sub-orbital and orbital spa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Product Development
In business and engineering, new product development (NPD) covers the complete process of bringing a new product (business), product to market, renewing an existing product or introducing a product in a new market. A central aspect of NPD is product design, along with various business considerations. New product development is described broadly as the transformation of a market opportunity into a product available for sale. The products developed by an organisation provide the means for it to generate income. For many technology-intensive firms their approach is based on exploiting technological innovation in a rapidly changing market. The product can be tangible (something physical which one can touch) or intangible (like a service or user experience, experience), though sometimes services and other processes are distinguished from "products". NPD requires an understanding of customer needs and wants, the competitive environment, and the nature of the market. Cost, time, and qua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
