"Generally the space business has been fairly resilient," Marty Hauser, vice president of the nonprofit Space Foundation, told reporters.
It was reported that the full financial impact may not be realized because the blurring of the space into other business acitivities including numerous services that are key to communication broadcast, travel and more are essentially part of the mainstream economy. The economic slowdown may not be felt until later in 2009 or 2010, because of the current satellite and launch orders that are in the queue.
The encouraging aspect of the report added the increasing orders from governments involved in space programs and other projects could serve to help the stimulus.
Other reports from the military indicate that the Pentagon may need consider the use of commercial space products to keep acquisition costs under control. In fact the Air Force has already been exploring using space radar from commercial providers instead of developing its own space-based radar satellites.