Emerging Space Markets


Book Description

This book analyzes the commercial space activities and commercialization processes of the last fifteen years and maps the future challenges that NewSpace companies will face developing commercial space markets. What is new and what has happened in these markets up till now? Is there a business case for private companies for commercial space? What are the targeted commercial space markets? Who are the future customers for commercial space transportation markets? How can NewSpace companies attract investors? Can we learn lessons from traditional space industries or other companies in other areas? In what way have the last fifteen years made a difference in the evolution of space markets? Is there a future for in-situ resource mining, space debris services, in-orbit satellite servicing and sub-orbital transportation? What are the lessons learned from ISS commercialization? In addition the reader will find a synopsis of several space transportation programs, commercial space markets, future Moon and Mars missions, in-situ resource exploitation concepts, space debris mitigation projects and sub-orbital commercial markets. Major lessons learned are identified, related to the attraction of first time customers and long term R&D funding, managing technological and market risks and developing new markets and applications.




New Space Markets


Book Description

Space is no longer the special, protected domain that it was in the past. Because of the importance of its practical applications, it is becoming integrated into the mainstream of economic activity. Technology push is giving way to the assessment of market opportunities and demand pull. Funding from the public sector is declining while interest in private financing is steadily growing. The value-added and service industries are increasing in importance. New technologies will be developed in a context of privatisation, de-regulation and globalization. An international and interdisciplinary Symposium was organized by the International Space University to bring together a diverse group of people, technical and non-technical, engaged in the creation of new approaches to space applications, in order to share experiences and to exchange ideas on the way forward. The Proceedings of this Symposium make stimulating reading for all who are engaged in the market-place of space and its applications.




International Space Law in the New Space Era


Book Description

The increasingly commercial nature of space activities and the intent of States to expand space travel have spawned renewed attempts of changing the foundations of space law, most of which originated in the twentieth century. Understanding the principles of international space law is essential for ensuring a sustainable future for all in outer space. International Space Law in the New Space Era addresses the international legal and regulatory aspects of outer space that govern developments in the field worldwide. It covers the five United Nations' space treaties along with soft law and other policies. With contributions from established experts in the domain of space law, the volume encompasses the entire gamut of international space law while simultaneously addressing inadequacies that have arisen in light of current developments such as space commercialization, space tourism, and space mining. Space law as an academic discipline is gaining prominence in law schools across the globe and this book is the result of a joint endeavour of two prominent Indian law universities (NUJS, Kolkata & MNLU, Mumbai), which have specialized centres in air and space laws. With its balanced mix of theory and practice, this book provides a timely and accessible resource to understanding international law not only for students and academics, but also for policymakers, practitioners, and those working in the space industry.




The Space Economy


Book Description

This volume deals with key issues of the space economy, defined as the full range of activities and the use of resources that create value and benefits for human beings in the course of exploring, researching, understanding, managing and utilizing space. These topics are treated from an economic perspective, with particular attention paid to the development of knowledge, as well as the set-up of technologies with high industrial impacts. The book, thus, provides a new and wider interpretation of the space economy, focusing on the (tangible) returns of the investments made in the space industry since the Space Race. It will particularly appeal to scholars, researchers and PhD students, as well as those in the space community.




OECD Handbook on Measuring the Space Economy


Book Description

This publication provides a summary of the key methodological issues surrounding indicators and statistics on the space sector and the larger space economy.




Winning in Emerging Markets


Book Description

The best way to select emerging markets to exploit is to evaluate their size or growth potential, right? Not according to Krishna Palepu and Tarun Khanna. In Winning in Emerging Markets, these leading scholars on the subject present a decidedly different framework for making this crucial choice. The authors argue that the primary exploitable characteristic of emerging markets is the lack of institutions (credit-card systems, intellectual-property adjudication, data research firms) that facilitate efficient business operations. While such "institutional voids" present challenges, they also provide major opportunities-for multinationals and local contenders. Palepu and Khanna provide a playbook for assessing emerging markets' potential and for crafting strategies for succeeding in those markets. They explain how to: · Spot institutional voids in developing economies, including in product, labor, and capital markets, as well as social and political systems · Identify opportunities to fill those voids; for example, by building or improving market institutions yourself · Exploit those opportunities through a rigorous five-phase process, including studying the market over time and acquiring new capabilities Packed with vivid examples and practical toolkits, Winning in Emerging Markets is a crucial resource for any company seeking to define and execute business strategy in developing economies.




Space-Based Technologies and Commercialized Development: Economic Implications and Benefits


Book Description

"This book introduces the concept of space-based technology commercialization and offers a first-time analysis of plausible opportunities, examining the overall marketability of tourism in outer space, including business case studies on celestial solar power and space debris that demonstrate the potential of cosmic technologies in the context of interplanetary business"--Provided by publisher.




Space Debris Peril


Book Description

"This book provides up-to-date knowledge of space debris and valuable insights on how to grapple with this issue from legal, technical, economical and societal aspects. I would strongly recommend that everyone who is working on space development and utilizations and even non-specialists once read this book and think over how human being should be faced with this issue." –Prof. Shinichi Nakasuka, University of Tokyo, Japan Space Debris Peril: Pathways to Opportunities takes readers through the wide spectrum of problems created by space debris – including technical, political, legal and socio-economical aspects – and suggests ways to mitigate its negative consequences and create new opportunities. With chapter contributions from authors at world-renowned universities, private or public entities, and research institutes active in the field of space debris mitigation, space policy and law, risk and resilience, liability and insurance, this book provides a comprehensive introduction to the subject helping the reader to grasp the whole picture of the current space debris remediation challenges. This book will be of interest to the scientific communities, policy makers, business developers, (re)insurers and international standards developers for space operations and orbital debris mitigation. Also, it should appeal to a broader audience among non-specialists in various sectors and the general public. Key features: Brings together interdisciplinary perspectives on the topic in one, cohesive book Chapter contributions from specialists in this interdisciplinary field from around the globe Up-to-date information with the latest developments




Commercial Space Exploration


Book Description

This book offers a comprehensive overview of current space exploration in terms of geopolitical and commercial aspects. Despite multiple attempts to foster commercial activities in the field of space exploration, for decades the domain largely continued to be funded and led by governments in the form of national and international programmes. However, the situation changed with the retirement of the Space Shuttle and the introduction of NASA’s Commercial Orbital Transportation Services (COTS) programme, which employed an innovative procurement scheme based on competitive, performance-based, fixed-price milestones. The success of this programme marked an important milestone in the evolution of the relationship between government and industry. The growing opportunities for private actors to make more prominent contributions to space exploration also lie in the “New Space” ecosystem, a sectoral transformation characterised by a substantial increase in private investment and the emergence of commercial efforts to develop disruptive concepts and address new markets.




Space Commerce


Book Description