Lecture

Space Economy Overview

Graph Chat

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.

Description

This lecture introduces the second week of the course on the new space economy, focusing on the importance of satellites orbiting our planet and the need for proper management of space missions to sustain the use of space technologies. The instructor provides insights into the regulations governing the space industry, crucial for those interested in working with space data or launching satellite constellations.

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

Official source

Related concepts (13)

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.

Spaceflight

Spaceflight (or space flight) is an application of astronautics to fly objects, usually spacecraft into or through outer space, either with or without humans on board. Most spaceflight is uncrewed and conducted mainly with spacecraft such as satellites in orbit around Earth, but also includes space probes for flights beyond Earth orbit. Such spaceflight operate either by telerobotic or autonomous control.

Space technology

Space technology is technology for use in outer space, in travel (astronautics) or other activities beyond Earth's atmosphere, for purposes such as spaceflight, space exploration, and Earth observation. Space technology includes space vehicles such as spacecraft, satellites, space stations and orbital launch vehicles; ; ; and a wide variety of . The space environment is a sufficiently novel environment that attempting to work in it often requires new tools and techniques.

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.

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.

Related lectures (55)

Telecommunication in the New Space Economy MOOC: New Space Economy

Explores the evolution of telecommunication via orbiting satellites.

Space Debris: Challenges and Solutions MOOC: New Space Economy

Explores the challenges posed by the growing space debris and the need for sustainable space activities.

Trends in Space: New Space Economy MOOC: New Space Economy

Delves into the trends of the new space economy, covering launch costs, dedicated services, rideshare missions, spacecraft evolution, satellite constellations, launches, operators, human spaceflight, and space company financing.

Orbiting Satellites: Global Navigation Systems MOOC: New Space Economy

Explores the Global Navigation Satellite System and startup tools in the space industry.

Earth Observation Infrastructures: Space4Impact MOOC: New Space Economy