Join us on ⁠⁠⁠⁠⁠⁠⁠⁠The DMV Business Show⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ with ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Otto Sevilla⁠⁠⁠⁠⁠⁠ as we are excited to share the journey of Tom Marotta, the Founder and CEO of The Spaceport Company, has a unique background in urban planning, the aerospace industry, and regulatory bodies. With a career spanning over two decades, Tom has worked in various roles, including city planning, foreign service, and commercial space transportation. His experience has prepared him well to tackle the challenge of building launch pads for rockets on ships.Tom's entrepreneurial journey began when he failed to find suitable launch pads at a rocket company. Recognizing the growing demand for launch pads exceeding the supply, Tom leveraged his skill set to start The Spaceport Company in 2022.  The company has made significant progress over the past three years.The space industry is booming, with an estimated global value of hundreds of billions of dollars. The demand for data services from space, such as GPS, financial transactions, and weather forecasting, drives this growth. However, the US has only four spaceport facilities, with a fifth exclusive use facility owned by SpaceX, which is not available to other companies. This limited capacity has led to satellite companies looking overseas for launch opportunities.To address this issue, The Spaceport Company aims to build more spaceport capacity by creating launch pads on ships. Tom and his team scoured the globe for land to build a spaceport but found it too expensive and difficult due to environmental concerns. Instead, they will operate the spaceport at sea, modeled after the successful Boeing's Sea Launch Project, which launched 36 times before being discontinued due to geopolitics.Tom Marotta's entrepreneurial journey and innovative approach to building launch pads on ships have the potential to revolutionize the space industry. By addressing the shortage of launch pads and increasing access to space, The Spaceport Company is poised to play a significant role in the growing global space market.This episode is brought to you by: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠SEVI⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - The first commercial real estate company committed to the four C’s: Commercial Real Estate, Community, Content, and Culture⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://seviproperties.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LET'S CONNECT!LinkedIn:  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://www.linkedin.com/in/ottosevilla⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram:  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://www.instagram.com/theottosevilla⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook:  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://www.facebook.com/TheOttoSevilla⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube:  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@OttoSevilla⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Email Me!  [email protected] Me!  240-706-7584

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