It was also interesting to note a growing wave of amateur space enthusiasts who are creating open source satellite and guidance plans and software and even making their own back-yard rockets!

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In much the same way that a surfer rides a wave, the bubble of space containing the ship and its passengers would be pushed at velocities not limited to the speed of light toward a destination.

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The UAV space represents the wave of the future for combat systems, said Manan K. Shah, a managing partner at Focus Investment Banking, adding that many defense companies such as Boeing (NYSE:BA), Northrop Grumman (NYSE:NOC) and Lockheed Martin could look for acquisitions in the sector.

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