Space exploration has historically been viewed as a lofty and prideful goal of governments, and the old-space economy has been led by legacy private sector telecom companies. But what happens when innovation and competition heats up, launch costs are dramatically pushed down, and geopolitical tensions arise amongst nations? Are we in a new space race? What will the outcome be?
Join us, and guests Luke Ward of Baillie Gifford, and Emma Norchet of T. Rowe Price as we explore what the future space economy might entail.
You will explore:
- The history of rocket development and space exploration, from early scientific endeavors to the Cold War space race, and the foundational role of "forcing functions" like geopolitical rivalries and entrepreneurial disruption.
- The dramatic shift from government-funded programs to a vibrant commercial space industry, driven by innovation from companies like SpaceX.
- A detailed breakdown of the space economy's scale and segments, including launch and logistics, orbital and ground infrastructure, end-user applications, and data analytics.
- The critical impact of decreasing launch costs, exploring how advancements in reusability are unlocking new possibilities for in-space manufacturing, data centers, and even multi-planetary civilization.
- The emerging geopolitical landscape, analyzing the renewed "space race" between nations like the US and China, the implications for international cooperation, and the urgent need for a global regulatory framework for peaceful space utilization.
- The future opportunities in space tourism, orbital construction, resource extraction, defense, and colonization, framed by the concepts of "space for Earth" and "space for space."
Prepare to challenge your perceptions as we analyze the forces driving this new era, from technological breakthroughs to commercial imperatives and geopolitical tensions. Discover the potential for this trillion-dollar market to redefine industries and transform humanity's future on and beyond Earth.
schedule2.5 CE credits on-demand video
signal_cellular_altBeginner level
task_altNo preparation required
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