Israel uses military expertise to join commercial space race

March 4, 2015 1:24 PM

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HAIFA, Israel (Reuters) - Israel is embarking on a five-year mission to stake its claim on a crowded new frontier, the $250 billion a year commercial space market.

Using the expertise of a defense industry that created technology such as the "Iron Dome" missile interceptor, Israel plans to move beyond its current focus on spy and military communications satellites into producing civilian devices, some small enough to fit in your hand.

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