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Neil deGrasse Tyson sees big business running with government space tech the way it did with GPS

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The bestselling astrophysicist points to the military's development of GPS and the industries that popped-up in the private sector as a blueprint for the space industry.

by 2040 for hypersonic travel, which means traveling in aircraft at more than five times the speed of sound.

Virgin Galactic is in the early stages of exploring how the technologies it developed for space tourism might apply, with venture arm HorizonX recently investing $20 million into Branson's firm, specifically to explore hypersonics.Tyson, a bestselling author and host of TV shows, pointed to the history of Global Positioning System technology. "Now entire industries exist" because the GPS development that started out as a military project, he explained.

"That's the future" blueprint for the advancement of space travel and exploration by companies, he predicted. But there needs to be an increase in regulation in space, he said, adding it's been "a little bit of a wild west" thus far, he added.Funding for the creation of that type of arm of the military, a priority for President

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