Apple’s co-creator Steve Wozniak has launched a new space start-up called Privateer Space, bringing potential competition to a field dominated by billionaires Elon Musk, Jeff Bezos and Richard Branson. Privateer will be represented at the Advanced Maui Optical and Space Surveillance Technologies Conference, scheduled to run from September 14-17 in Hawaii.
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The global space economy, which has attracted many top companies such as Tesla and Amazon, involves various activities such as research and development, space tourism and the utilisation of space. Bank of America predicts the space economy will have more than tripled in size by 2030, with a $1.4 trillion market value.
About the Steve Wozniak:
- Mr Wozniak co-founded Apple Computers in 1976 with fellow college dropout Steve Jobs and businessman Ronald Wayne.
- Jobs and Mr Wozniak left Apple in 1985 though they remained shareholders and Jobs later returned to the company.
- In 2002, Mr Wozniak co-founded another company called Wheels of Zeus (WoZ) with Mr Fielding. WoZ worked on global positioning system smart tags and was disbanded in 2006.