A Momentus Space artist concept of the Vigoride orbital transfer vehicle.

The NewSpace sector is expected to grow from a $350 billion global industry in 2018 to a trillion dollar one by 2040, according to a Morgan Stanley report. Given these forecasts it is not clear how the market will expand, will there be more mergers and acquisitions, initial public offerings, initial coin offerings or just companies remaining private?

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Negar Feher is vice president of product and business development at Momentus Space.