The UK in a Globally Transforming Space Ecosystem Presented by - - PowerPoint PPT Presentation

The UK in a Globally Transforming Space Ecosystem

Presented by Carissa Christensen, CEO Defence Space 2018 May 22, 2018

Bryce Space and Technology

Analytic consulting focused on space and satellite Opened UK firm in 2018 (London, Harwell) Non-partisan, non-advocate Data-driven, objective, transparent analysis Clients: UK Space Agency, NASA, FAA, DoD, national space agencies, industry, investors Example products

• Start-up Space
• State of the Satellite Industry
• FAA Compendium of Commercial Space Transportation

2016 Global Space Economy

1

2016 Satellite Industry Indicators

2

Global satellite industry grew 2% in 2016, below worldwide economic growth (3.1%) and slightly above the U.S. growth (1.6%) 6% 18%* 10% 7% 3%

Growth Rate

5%

Global Satellite Industry Revenues ($ Billions)

$ Billions

2X

Ten-Year Global Industry Growth

15% 19% 11% 2% $122 $144 $161 $168 $177 $210 $231 $247 $255 $261

$0 $50 $100 $150 $200 $250 $300

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Global Satellite Industry Revenue

3

$20B+ investment since 2000 (includes $5B in debt financing) Nearly $3B per year since 2015 160+ new angel- and venture- backed space companies 500+ investors in start-up space ventures since 2000 Venture-funded firms typically see high failure rates (3 of 4)

21st Century Investments in Start-Up Space Ventures Growth of risk-tolerant, high return seeking venture investment plus $ from billionaire space advocates

Number of Investors by Type (2000-2017)

5

Commercial Human Spaceflight: Billionaires & Buzz

6

Landsat Data Continuity Mission (LDCM)

NASA

Dove

Planet

WoldView-3

DigitalGlobe

Relative Sizes of Earth Observation Satellites

7

Multiple VCs Investing in Start-Up Space

7

New NGSO Telecom Ventures: Business Cases TBD

9

Emerging LEO (and Beyond) Economy: Unknown Demand, Interdependent Business Cases

10

Future Considerations for Government Planning

New commercial reality = enhanced capabilities + uncertainty Commercial capabilities help nations do more with limited resources Wide range of potential partners, many forms of partnership, new risks

12

View of UK Space Community and Capabilities

Positive (but not highly informed) Well-regarded capability

• “Top-notch engineering talent”
• World leader in small sats
• Industrial capability
• “Ripe for investment”

UK + US = strong relationship Mild Brexit concerns, expectation of increased space independence Spaceport questions Diplomatically important in space Defence: “UK MOD clearly knows how to use space”

• Good partner; limited by orbital assets
• Fylingdales radar station fully embedded
• Skynet commercial approach ‘watched with interest’
• Potential limited only by ‘amount of money UK is willing to spend’

UK Path Forward: Defence and Space

Integrated economic development and defence space strategy Turn lack of an existing space force into an advantage by building for the future

• Incorporate commercial innovation
• Analytics, machine learning, cyber skills
• View of space as threatened warfighting

domain

Demonstrate commercial space applications, xfer to US, others Leader in ensuring appropriate military use of space – global reach, diplomatic voice What are potential space sources of disproportionate success in protecting people, promoting global influence, promoting prosperity?

Carissa Christensen CEO Bryce Space and Technology

1199 North Fairfax Street, Suite 501 Alexandria, VA 22314 40-44 Newman Street, Fitzrovia London W1T 1QD +001 793 647 8078

twitter.com BryceSpaceTech linkedin.com/company/bryce-space-tech brycetech.com

Contact