In 1972 the US and Russians conduct the first international link up in space. The Apollo...
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...pport and procurement must come from commercial industry. In order to meet the promise of launching a satellite for the International Geophysical Year the military is initially assigned to provide the rockets.
The Space races influence continues to this day, growth within commercial industry maybe too large to measure in dollars and cents from inception to today. Therefore we will look at innovation that we now take for granted, sunglass coating developed by Foster Grant, cordless power tools developed by Black and Decker, and invisible braces developed by Ceradyne. Currently NASA holds thousands of patents these patents are available for use by private corporations called spinoff technologies. Amazingly a little satellite sent into space by a country that we did not like, is the catalyst for a company’s potential growth based on technology developed by NASA.
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