Lecture

New Space Economy Overview

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Description

This lecture, led by Gaetan Petit from Space4Impact and EPFL, provides an overview of the New Space Economy, focusing on satellite technologies, space exploration, downstream applications, and new business opportunities. The course consists of 30 videos recorded in 2021, each featuring experts in the field and challenging participants to develop innovative business ideas and models.

In MOOC

New Space Economy

The New Space sector is a fast-growing market, boosting the historical institutional space exploration economy. The roughly 366 billion USD global space industry in 2019 is estimated to surge to over $1 trillion by 2040. The current growth in the development of space infrastructures and production of data from space is opening a full range of new applications for new customers. New business models for space encompass launchers, satellite manufacturers, in-orbit servicing, telecommunication, cybersecurity, e

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Related concepts (6)

Space exploration

Space exploration is the use of astronomy and space technology to explore outer space. While the exploration of space is carried out mainly by astronomers with telescopes, its physical exploration is conducted both by uncrewed robotic space probes and human spaceflight. Space exploration, like its classical form astronomy, is one of the main sources for space science. While the observation of objects in space, known as astronomy, predates reliable recorded history, it was the development of large and relatively efficient rockets during the mid-twentieth century that allowed physical space exploration to become a reality.

Commercial use of space

Commercial use of space is the provision of goods or services of commercial value by using equipment sent into Earth orbit or outer space. This phenomenon – aka Space Economy (or New Space Economy) – is accelerating cross-sector innovation processes combining the most advanced space and digital technologies to develop a broad portfolio of space-based services.

Satellite television

Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location. The signals are received via an outdoor parabolic antenna commonly referred to as a satellite dish and a low-noise block downconverter. A satellite receiver then decodes the desired television program for viewing on a television set. Receivers can be external set-top boxes, or a built-in television tuner.

Communications satellite

A communications satellite is an artificial satellite that relays and amplifies radio telecommunication signals via a transponder; it creates a communication channel between a source transmitter and a receiver at different locations on Earth. Communications satellites are used for television, telephone, radio, internet, and military applications. Many communications satellites are in geostationary orbit above the equator, so that the satellite appears stationary at the same point in the sky; therefore the satellite dish antennas of ground stations can be aimed permanently at that spot and do not have to move to track the satellite.

Satellite

A satellite or artificial satellite is an object intentionally placed into orbit around a celestial body. Satellites have a variety of uses, including communication relay, weather forecasting, navigation (GPS), broadcasting, scientific research, and Earth observation. Additional military uses are reconnaissance, early warning, signals intelligence and, potentially, weapon delivery. Other satellites include the final rocket stages that place satellites in orbit and formerly useful satellites that later become defunct.

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