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Space Economy Executive Briefing: 30 Frequently Asked Questions and Answers

The space economy is a growing sector that encompasses the commercial and economic activities related to outer space. As interest in space-based industries continues to rise, many questions have emerged about the various aspects of the space economy, from technological advancements and commercial applications to legal, ethical, and security concerns. This article provides answers to 30 frequently asked questions about the space economy.

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Repowering the EU from Space

This article describes how the EU space program will be a key enabler Europe’s energy transition.

Report: The Value of Open Data Sharing (GEO 2015)

There are many diverse opportunities and benefits to be derived from providing open data for unrestricted use worldwide. The main reasons are compiled in this report.

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Public-Private Partnerships: A Catalyst for the Space Economy

The space economy has seen steady growth in recent years, thanks to an evolving landscape of stakeholders and a multitude of innovative projects. Public-private partnerships (PPPs) have emerged as a key driver in this growth, allowing for increased collaboration, resource sharing, and technological advancement. This article will explore the role of PPPs in the space economy, discussing the benefits, challenges, and potential future developments.

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The Union of Concerned Scientists: Relevance and Contributions to the Space Economy

This article reviews the role and relevance of the UCS to the growing space economy.

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Space Economy: Navigating the Balance Between International Cooperation and Competition

The space economy has witnessed steady growth in recent years, driven by advances in technology, increased investment, and the commercialization of space activities. As nations and private entities continue to explore the potential of space, international cooperation and competition have become defining aspects of this new frontier. This article examines how the space economy is affected by international cooperation and competition, as well as the challenges and opportunities presented by this dynamic relationship.

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The Space Economy: Understanding its Economic Multiplier

What is the “economic multiplier” and how is the relevant to the space economy?

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The Philippines Space Strategy: Rising to the Cosmic Challenge

A decade ago, the idea of the Philippines venturing into space exploration might have seemed like a distant dream. But with the establishment of the Philippine Space Agency (PhilSA) in 2019 and the launch of several microsatellites before and after that, the country is taking a leap forward into the final frontier.

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Elon Musk and the Quest for a Multiplanetary Humanity

Elon Musk, the CEO of SpaceX, Tesla, and other pioneering tech companies, has been a vocal advocate for a future where humanity extends its presence beyond Earth. This article discusses Musk’s vision for human civilization as a multiplanetary species.

Report: Space for Net Zero (WEF 2021)

This report talks about the role of satellites in monitoring greenhouse gases.

Press Release: Conference Board of Canada Report Confirms Economic Potential of Commercial Space Launch Innovator, Maritime Launch Services (MLS, May 2023)

“Once Spaceport Nova Scotia fully ramps up operations, the Conference Board of Canada projects it will add $300 million to Canada’s GDP annually, boost revenue to governments by more than $100 million, and create 1,000 full time jobs”

Report: Responsible Space Behavior for the New Space Era (RAND 2021)

The calls for more progress on space governance and responsible space behavior are growing louder and coming from a larger group. To help address the gap between current space governance and future needs, this document summarizes the development of space governance and key problem areas, identify challenges and barriers to further progress, and, most importantly, offer recommended first steps on a trajectory toward responsible space behavior norms appropriate for the New Space Era.

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Space Technology: A Catalyst for Smart Urban Planning

As the world’s urban population continues to grow, innovative solutions are required to tackle the complex challenges of urban planning. One such innovative approach involves the use of space technology. From satellite imagery to global positioning systems (GPS), space technology is being increasingly leveraged to improve urban planning and design, fostering more sustainable and livable cities. This article explores how space technology is aiding urban planning and the potential it holds for the future.

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The Dawn of a New Space Era: The Impact of SpaceX’s Starship

This article reviews the potential ways that Starship could reshape the space economy, highlighting the new markets, industries, and opportunities that may emerge as a result of this game-changing technology.

Report: Integrating Earth Observations into the Formulation and Implementation National Adaptation Plans – Agriculture and Food Security (GEO 2022)

This report addresses EO solutions to agriculture and food security-related challenges, which will help countries with practical guidance and opportunities to drive the implementation of their adaptation agenda, based on the experience of the GEO Global Agricultural Monitoring (GEOGLAM) initiative.

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The Role of Media in Shaping the Future of the Space Economy

The space economy, once a realm of speculative fiction, has evolved into a tangible reality in the 21st century. As the barriers to space exploration and exploitation diminish, the potential for a thriving space economy emerges. This evolution is attributed to a variety of factors, including advancements in technology, investments by private sector entities, and the increasing support of governmental agencies worldwide. However, there is another significant driver of this transformation that is often overlooked: the media.

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Exploring the Space Economy Through the Lens of the Business Environment Canvas

A Business Environment Canvas is a visual framework or tool used by entrepreneurs and business professionals to understand, analyze, and map the various internal and external factors that can influence the success of a business. The canvas helps to identify opportunities and risks, as well as develop strategies to address them.

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Report: Canada’s Strategy for Satellite Earth Observation (GC 2022)

Government of Canada strategy for satellite Earth observation.

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How Can Space Technology Help With Natural Disaster Detection?

Space technology plays a crucial role in natural disaster detection, monitoring, and response efforts. This article reviews some ways space technology helps with natural disasters.

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Timeline of SpaceX’s Starship From the Past to the Future

This article provides a timeline of Starship milestones starting in 2012 and into the future.

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The Green Cloud: How Microsoft’s Planetary Computer Aims to Save the Planet

Microsoft’s Planetary Computer is an ambitious project aimed at providing environmental data, tools, and analytics to help organizations and individuals make more informed decisions about the planet’s resources and ecosystems. Launched in 2020, the initiative is part of Microsoft’s broader commitment to sustainability, which also includes a pledge to become carbon negative by 2030.

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HOW TO STAY AHEAD IN THE SPACE RACE?

Subscribe to our weekly New Space Economy Briefing! Our complimentary briefing is your gateway to staying informed on the emerging markets, cutting-edge technologies, and key trends shaping the future of space commerce. Get thoughtful, practical and relevant insights delivered straight to your inbox and stay ahead in the Space Race.

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US Environmental Regulations and the Space Economy

In the US several federal agencies, and regulations, are involved in overseeing the environmental impacts of the space economy. This article reviews the most relevant regulations and agencies.

Report: The SAR Handbook (NASA et al 2019)

The motivation for this Handbook is to translate knowledge gained from decades of research in SAR into practical guidance to countries on how SAR can be used for different aspects of forest monitoring, reporting, and verification (MRV) for REDD+.

What is the Earth Observing Dashboard?

This article provides an overview of the ESA Earth Observing Dashboard.

Report: Health Innovation Trends and Opportunities for Space Businesses (ESA 2023)

This report highlights some of the numerous examples of synergies between the healthcare and space sectors.