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Report: Developing the Space Ecosystem in India: Focusing on Inclusive Growth (ISpA 2022)

The report highlights the growth and potential of the Indian space ecosystem. The document was developed by the Indian Space Association (ISpA) in collaboration with EY, and covers the outlook of the space economy in India and its potential to accelerate the socio-economic development of the country. It includes the global space economy and its growth drivers, as well as India’s entire lifecycle of the space economy, including manufacturing, ground and launch segment, startups, and end-user services. The report also provides regulatory landscape and inputs from industry to propel growth in the Indian space industry.

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What Does the Phrase “Building the Space Economy” Mean?

The phrase “building the space economy” refers to the structured development and expansion of economic activities that are directly or indirectly related to outer space. This encompasses a wide range of activities, including but not limited to space exploration, satellite services, space tourism, asteroid mining, and manufacturing in space. The objective is to create a sustainable, revenue-generating ecosystem that can contribute to job creation, technological advancement, and economic growth on a broader scale.

Everything You Wanted to Know About SpaceX from a Business Perspective…

Pointers to top articles addressing elements of the SpaceX business, including: cost to reuse Falcon 9 boosters, financials, payload customers, and $/kg competitive positioning.

Market Irrationality and the Space Economy

As human technological capabilities expand, so too does the scope of commercial endeavours. A clear example of this progression is the emergence of the space economy, a sector that includes activities related to the development, production, and application of space-related technologies and services, encompassing satellite communications, space tourism, and asteroid mining. However, the enthusiasm associated with this pioneering industry may contribute to market irrationalities, leading to mispriced assets.

Forecast Methodologies Relevant to the Space Economy – A Quick Overview

The space economy, encompassing sectors from satellite telecommunications to space tourism, is a burgeoning field with immense potential. However, estimating its growth and understanding its dynamics present unique challenges. A variety of economic estimating methodologies can help navigate these challenges, each with its own strengths, weaknesses, and applications in the space economy.