{"title":"How Spaceports Can Enable the Space Economy","authors":"George C. Nield","doi":"10.1089/space.2024.0031","DOIUrl":"https://doi.org/10.1089/space.2024.0031","url":null,"abstract":"","PeriodicalId":503247,"journal":{"name":"New Space","volume":"53 29","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141804806","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Survey of Space Professionals’ Perception of Satellite Cybersecurity from 2012 to 2022: Decision-Makers’ Thoughts on Satellite Cybersecurity Evolving","authors":"Rachel C. Jones","doi":"10.1089/space.2024.0015","DOIUrl":"https://doi.org/10.1089/space.2024.0015","url":null,"abstract":"","PeriodicalId":503247,"journal":{"name":"New Space","volume":"26 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141802551","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Christophe Bosquillon, Lari Cujko, Gidon Gautel, Derek Webber, Andrea Conconi, Mattia Pianorsi, Simonetta Di Pippo, Edoardo Vittori
Joint infrastructure ventures between space and non-space companies can create benefits for all stakeholders. This includes initiatives for cis-lunar exploration, where infrastructure is particularly resource intensive. This paper aims to support involvement of terrestrial sectors in cis-lunar infrastructure projects, by providing evidence-based management frameworks. The study between the SDA Bocconi Space Economy Evolution Lab and the Moon Village Association Lunar Commerce and Economics Working Group supports joint work on the Lunar Commerce Portfolio – a study on the lunar economy, whose first edition was published in November 2022. For space industry actors, the potential benefits of joint development with non-space actors are widespread. Space agencies could reduce resources dedicated to technology design and development, which could be redistributed for sustaining purchase agreement contracts. Space companies could reduce market uncertainties, increasing the economic attractiveness of projects, while reducing liabilities through risk allocation. Financially, equity providers could be incentivized by the participation of non-space corporates as risk takers, signalling venture reliability to capital markets. Non-space actors could also benefit considerably from advanced science-based technology innovation with reduced uncertainties. Target applications would be explicitly defined in arrangements with space industry partners, with non-space firms acting as a supplier or investor within the joint venture. This provides opportunities for high technology R&D with identifiable end-uses and reduced risk. Further, the target market is represented by collateral terrestrial customers, for whom the technology could be adapted and traded. Terrestrial spill overs could also contribute towards the UN’s 17 Sustainable Development Goals. Embarking on space-for-space activities entails pursuing the industrialization of technologies to serve a concentrated portfolio of customers. These activities are extremely risky and would be priced by a rational investment manager accordingly, unless a diversification strategy is pursued, or returns on investment are exceptional. Lunar infrastructure, and the collaboration of space and non-space players, is exemplary of this, and therefore offers multiple areas of investigation under management perspectives, such as correction of market failures, infrastructure financing, and technology commercialization. This paper therefore brings evidence on how non-space companies can contribute to the realization of lunar infrastructure through exploiting technological synergies. While the paper focuses on the lunar economy as an emerging area of interest, its findings carry broadly applicable lessons to other areas of space technology.
空间公司和非空间公司之间的基础设施合资企业可以为所有利益攸关方创造利益。这包括顺月探测倡议，因为顺月探测的基础设施尤其需要大量资源。本文旨在通过提供循证管理框架，支持地面部门参与顺月球基础设施项目。博科尼空间经济演化实验室（SDA Bocconi Space Economy Evolution Lab）与月球村协会（Moon Village Association）月球商业和经济工作组之间的研究，为月球商业组合（Lunar Commerce Portfolio）的联合工作提供了支持，这是一项关于月球经济的研究，其第一版已于2022年11月出版。对于航天工业参与者来说，与非航天参与者联合开发的潜在好处非常广泛。空间机构可以减少专门用于技术设计和开发的资源，这些资源可以重新分配，用于维持购买协议合同。航天公司可以减少市场的不确定性，增加项目的经济吸引力，同时通过风险分配减少责任。在财务方面，非空间公司作为风险承担者的参与可以激励股权提供者，向资本市场表明风险的可靠性。非空间行为者也可以从减少不确定性的先进科学技术创新中大大受益。在与空间工业伙伴的安排中，将明确界定目标应用，非空间公司在合资企业中充当供应商或投资者。这为具有可确定最终用途和降低风险的高技术研发提供了机会。此外，目标市场由附带的地面客户代表，可以为他们改造和交易技术。地面溢出也有助于实现联合国的 17 项可持续发展目标。开展 "空间换空间 "活动需要追求技术的产业化，以服务于集中的客户组合。这些活动风险极高，理性的投资经理会据此进行定价，除非采取多样化战略，或者投资回报特别高。月球基础设施以及太空和非太空参与者的合作就是这方面的典范，因此在管理视角下提供了多个调查领域，如纠正市场失灵、基础设施融资和技术商业化。因此，本文提出了非航天公司如何通过利用技术协同效应为实现月球基础设施做出贡献的证据。虽然本文重点关注的是月球经济这一新兴领域，但其研究结果对其他空间技术领域具有广泛的借鉴意义。
{"title":"Is the Lunar Economy Solely for the Space Industry? Opportunities for Nonspace Companies in Lunar Infrastructure Leveraging Technological Synergies","authors":"Christophe Bosquillon, Lari Cujko, Gidon Gautel, Derek Webber, Andrea Conconi, Mattia Pianorsi, Simonetta Di Pippo, Edoardo Vittori","doi":"10.1089/space.2023.0057","DOIUrl":"https://doi.org/10.1089/space.2023.0057","url":null,"abstract":"Joint infrastructure ventures between space and non-space companies can create benefits for all stakeholders. This includes initiatives for cis-lunar exploration, where infrastructure is particularly resource intensive. This paper aims to support involvement of terrestrial sectors in cis-lunar infrastructure projects, by providing evidence-based management frameworks. The study between the SDA Bocconi Space Economy Evolution Lab and the Moon Village Association Lunar Commerce and Economics Working Group supports joint work on the Lunar Commerce Portfolio – a study on the lunar economy, whose first edition was published in November 2022. For space industry actors, the potential benefits of joint development with non-space actors are widespread. Space agencies could reduce resources dedicated to technology design and development, which could be redistributed for sustaining purchase agreement contracts. Space companies could reduce market uncertainties, increasing the economic attractiveness of projects, while reducing liabilities through risk allocation. Financially, equity providers could be incentivized by the participation of non-space corporates as risk takers, signalling venture reliability to capital markets. Non-space actors could also benefit considerably from advanced science-based technology innovation with reduced uncertainties. Target applications would be explicitly defined in arrangements with space industry partners, with non-space firms acting as a supplier or investor within the joint venture. This provides opportunities for high technology R&D with identifiable end-uses and reduced risk. Further, the target market is represented by collateral terrestrial customers, for whom the technology could be adapted and traded. Terrestrial spill overs could also contribute towards the UN’s 17 Sustainable Development Goals. Embarking on space-for-space activities entails pursuing the industrialization of technologies to serve a concentrated portfolio of customers. These activities are extremely risky and would be priced by a rational investment manager accordingly, unless a diversification strategy is pursued, or returns on investment are exceptional. Lunar infrastructure, and the collaboration of space and non-space players, is exemplary of this, and therefore offers multiple areas of investigation under management perspectives, such as correction of market failures, infrastructure financing, and technology commercialization. This paper therefore brings evidence on how non-space companies can contribute to the realization of lunar infrastructure through exploiting technological synergies. While the paper focuses on the lunar economy as an emerging area of interest, its findings carry broadly applicable lessons to other areas of space technology.","PeriodicalId":503247,"journal":{"name":"New Space","volume":"41 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141803765","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digital Exploration of the Forever Frontier that is Space: Pathfinder for a Future Space Economy?","authors":"James B. Garvin, Paul McDonagh-Smith","doi":"10.1089/space.2024.0013","DOIUrl":"https://doi.org/10.1089/space.2024.0013","url":null,"abstract":"","PeriodicalId":503247,"journal":{"name":"New Space","volume":"116 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141811916","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A. Cabello, Lúcia Helena Michels Freitas, Michele Cristina Silva Melo
{"title":"Brazil on the Spot: Special Edition and Future Research and Policy Perspectives","authors":"A. Cabello, Lúcia Helena Michels Freitas, Michele Cristina Silva Melo","doi":"10.1089/space.2024.0029","DOIUrl":"https://doi.org/10.1089/space.2024.0029","url":null,"abstract":"","PeriodicalId":503247,"journal":{"name":"New Space","volume":"17 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141356004","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Leonardo Julio Chagas Souza, V. R. Baptista, R. P. Lôbo, Gabriel S. Frazão, Pedro Kaled Cás, Danilo Sakay
{"title":"Overview of Small Satellite in Latin America and the Caribbean","authors":"Leonardo Julio Chagas Souza, V. R. Baptista, R. P. Lôbo, Gabriel S. Frazão, Pedro Kaled Cás, Danilo Sakay","doi":"10.1089/space.2023.0049","DOIUrl":"https://doi.org/10.1089/space.2023.0049","url":null,"abstract":"","PeriodicalId":503247,"journal":{"name":"New Space","volume":"11 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141356616","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R. P. Lôbo, V. R. Baptista, Leonardo J. C. Souza, Gabriel S. Frazão, William Reis Silva
{"title":"A Safety and Competitive Analysis of Alcantara Spaceport","authors":"R. P. Lôbo, V. R. Baptista, Leonardo J. C. Souza, Gabriel S. Frazão, William Reis Silva","doi":"10.1089/space.2023.0051","DOIUrl":"https://doi.org/10.1089/space.2023.0051","url":null,"abstract":"","PeriodicalId":503247,"journal":{"name":"New Space","volume":"53 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141358255","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Funding New Space Companies in Equity Markets: Assessing the Risk and Uncertaintyof Newly Listed Public Companies","authors":"Simonetta Di Pippo, Leonella Gori, Mattia Pianorsi, Clelia Iacomino, Pasquale Ivano Lorusso, Filippo Latino","doi":"10.1089/space.2023.0059","DOIUrl":"https://doi.org/10.1089/space.2023.0059","url":null,"abstract":"","PeriodicalId":503247,"journal":{"name":"New Space","volume":" 48","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140991745","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Transformation of the Brazilian Space Program: A Shift Toward New Space Initiatives","authors":"Arthur D. Bahdur","doi":"10.1089/space.2023.0046","DOIUrl":"https://doi.org/10.1089/space.2023.0046","url":null,"abstract":"","PeriodicalId":503247,"journal":{"name":"New Space","volume":"43 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140726734","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Using Technology Readiness Assessment to Map Brazil’s Space Sector","authors":"Ademir L. Xavier, Aline B. Veloso","doi":"10.1089/space.2023.0030","DOIUrl":"https://doi.org/10.1089/space.2023.0030","url":null,"abstract":"","PeriodicalId":503247,"journal":{"name":"New Space","volume":"195 1‐6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140730871","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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