Bigelow Aerospace Building the first Private Space Station

Bigelow Aerospace is pioneering use of expandable space modules. Grouping of modules into Earth orbiting facilities are to be offered for rent or lease to countries and corporate interests. Credit: Bigelow Aerospace

With two prototype modules for a commercial space station already circling the Earth, Bigelow Aerospace is gearing up for a full-scale assault on space.

For the upstart firm, it's about volume — and not entirely in the sense of quantity or number of items sold. The company's expandable module designs are designed to offer low-cost commercial volume in space — for rent or lease — not only to private sector interests, but also to national space agencies.

Entrepreneur Robert Bigelow founded Bigelow Aerospace in 1999. Over the years, the space businessman has invested some $180 million in his vision, drawing from a bank account built on construction and real estate deals, along with money gleaned from his hotel chain, Budget Suites of America.

Entrepreneurial zeal

As "Mr. B" explains, space is no longer viewed as largely the exclusive domain of large governments and satellite telecommunications companies. Emerging as a key ingredient of the future is the rise of the private sector, hungry to spur a new business case for space. An element of that entrepreneurial zeal is the establishment of commercial space habitats and complexes.