Morgan Stanley estimates the space industry, worth about $350 billion today, will grow into an economy worth more than $1.1 trillion by 2040, a team of analysts wrote in a note Thursday.
Private companies from the likes of Elon Musk and Jeff Bezos are driving much of the recent innovation in the industry, and Morgan Stanley admits investment opportunities are limited. Look to companies providing and benefiting from internet bandwidth, the firm says, where most of the upcoming value in the space industry will come.
You can find more information on the report via this link.
On Friday, October 13th 2017 11:27:44, Russian “Rockot” booster launched from Baikonur cosmodrome and carried ESA’s Sentinel 5p 820 kg satellite to its preliminary orbit. This is a sixth satellite in European Copernicus program, and the first one in the fleet that will monitor Earth’s atmosphere by taking daily precise measurements of trace gas levels. The collected data will help in monitoring air pollution and assist policy-makers and scientists. Tropomi spectrometer on board the Sentinel 5P will measure levels of gases such as methane, ozone, formaldehyde, carbon monoxide, sulphur and nitrogen dioxide and aerosols. Its unmatched resolution of 7 km x 3, 5 km will allow analysts to distinguish between pollution emitted in large cities and maritime shipping lanes, industrial facilities and oil and gas fields. The satellite will become operative in 6 months, and is planned to be active for seven years. As with all Copernicus satellites, all data will be publicly available for free. Its total cost sums up to $284 millions.
More details available here.
The core mission of FLIR UAS is to develop, produce and sell the world’s smallest and most advanced Personal Reconnaissance System (PRS). Currently FLIR UAS creates innovative solutions for complex problems based on modern microelectronics, new sensor technology, creative mechanical design and cost-effective production. Also, it works closely with leading industry partners and broad customer bases to provide optimal and functional products that meet the needs of the operator. The latest achievement is the Black Hornet with nano sensors.
The new MIT system that came out of the Computer Science and Artificial Intelligence Laboratory (CSAIL) is the first to allow users to design, simulate, and build individually custom-made drones. Users can change the size, shape, and structure of their drone based on the specific needs for carrying capacity, price, flight time, battery consumption, and other factors.
Goldman Sachs has the highest forecast = $ 100B USD by 2020 (of which 70% for the Army).
Like the internet and GPS before them, drones are being developed beyond their original military use to become powerful business tools. They have already made a jump on the consumer market and are now being used in commercial and civilian governmental applications from firearms to agriculture. This creates a market opportunity that is too large to neglect.
The second edition of the Space Tech Expo Europe will be returning to Bremen – a centre of space excellence, from 24 to 26 October 2017. The exhibition is Europe’s premier B2B Space engineering event for spacecraft, satellite, launch vehicle and space related technologies and draws attendance from thousands of industry leaders, decision makers, engineers, specifiers and buyers to meet manufacturers and the supply chain for civil, military and commercial space.
This free-to-attend exhibition will showcase the very latest technology for the designing, manufacturing and testing of spacecraft, satellite, launch vehicle and space-related technologies, bringing together engineers, systems integrators, contractors and suppliers in commercial, government and military space.
In cooperation with Enterprise Europe Network Bremen the exhibition offers attendees the opportunity to participate in a complimentary B2B Matchmaking Service to connect with other businesses on a one-to-one basis.
You can find more information, as well as participation details, via this link.
Northrop Grumman Corporation, a leading global security company, and Orbital ATK, Inc., a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval.
You can find out more about this acquisitoin via this link.
The future of mankind is in Space, and it is necessary to ensure safe, cheap and without great stress on the body transport of people and goods from Earth to the first station in orbit. It is still a long way to fulfill these conditions, but the steps in that direction are underway, the founding of our association A3 is precisely on that trajectory. More about the efforts to realize that vision
This summer many fires raged Adriatic coast in Croatia, the most famous is the one that came close to burn Split. At the same time another two were visible from the Space. The power of satellite observation could be used for detecting fires at the earliest stage thus preventing disasters that come after they get out of control. Another problem is detecting ember which are hidden dangers for instigating new fires after the main one was put out.
The welcome word was given by the Director of the Ruđer Bošković Institute, PhD. Tome Antičić, followed by the lectures of the members of our association on the themes of their expertise.
Major General Aviation (UM) Viktor Koprivnjak, “The Air Force of the Republic of Croatia”
mr. Sc. Frane Milos (Amphinicy d.o.o), “Satellite Communication”
prof. Dr. Sc. Bojan Jerbić (FSB), “Intelligent Machines”
Dr. Siniša Marijan (Končar Institute), “Built-in Computers & Examinations in Accredited Laboratories”
prof. Dr. Sc. Ivica Smojver (FSB), “The Potential of International Co-operation of the Republic of Croatia in Aviation”
An overview of the Association’s assignments was given by prof. Dr. Slobodan Danko Bosanac, “A3 – Activities Direction”