Apple co-founder Steve Wozniak launches space start-up Privateer

Apple’s co-founder Steve Wozniak said he plans to make a private space company “unlike the others” in a cryptic tweet Sunday (September 12). The tweet included a link teasing his planned company, called Privateer Space.

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. Steve Wozniak and Alex Fielding, an original member of the first iMac team, joined forces to launch a new private space company, Privateer. Space companies have been rising at an incredible pace as the sector opens up to private participation.

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 utilization 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.