Image for Robert H. Goddard (Rocketry and Tax Credits)

Robert H. Goddard (Rocketry and Tax Credits)

Robert H. Goddard was an American engineer and physicist, often called the father of modern rocketry. In the early 20th century, he developed and launched the first liquid-fueled rocket, paving the way for space exploration. His work demonstrated the principles of rocket propulsion, leading to advancements in both military and civilian rocketry. Today, tax credits related to space exploration, like those offered to private aerospace companies, are inspired by Goddard's pioneering efforts, fostering innovation in the space industry and making it more accessible for new companies to contribute to space travel.