What can space resources do for astronomy and planetary science?

The rapid cost growth of flagship space missions has created a crisis for astronomy and planetary science. We have hit the funding wall. For the past 3 decades scientists have not had to think much about how space technology would change within their planning horizon. However, this time around enormous improvements in space infrastructure capabilities and, especially, costs are likely on the 20-year gestation periods for large space telescopes. Commercial space will lower launch and spacecraft costs substantially, enable cost-effective on-orbit servicing, cheap lunar landers and “interplanetary cubesats” by the early 2020s. A doubling of flagship launch rates is not implausible. On a longer timescale it will enable large structures to be assembled and constructed in space. These developments will change how we plan and design missions.