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The Space Business is Everywhere

Once the exclusive province of prime government contractors and a handful of commercial satellite operators, the business of space has vastly expanded, accelerated and diversified, as the plunging cost of access to space has attracted unprecedented private investment. Established companies and startups are innovating in launch, earth observation, communications, IoT, orbital operations, space tourism and planetary exploration at a rate never seen before. Space-based products and services are transforming how the world does business. Trade, finance and insurance increasingly depend on analytics generated from earth observation. Broadband is available from the sky with a low-priced antenna and point-and-click installation, while in-flight connectivity is following in the footsteps of hotel broadband: once pricey and rare, now everywhere and free. Pharmaceutical research in orbit is yielding improvements in drug manufacturing, while manufacturing research is promising ultra-efficient fiber optic cables. The future that director Stanley Kubrick showed us a half-century ago in 2001: A Space Odyssey is finally taking shape before our eyes.
 

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Podcast

The Space Business is... In Bahrain: Welcome to Bahrain National Space Agency

In this podcast series, we take a look at the way the commercial space industry has spread itself to parts of the world where space and satellites were once only read about or dreamed of. Each episode will focus on a specific location and features an innovator who is shaping - and reshaping - the industry. In the third episode, two “20 Under 35” honorees from the Bahrain National Space Agency: Aysha Alharam, Chief Satellite Design Department (read more about Aysha) and Yaqoob Alqassab, Space Engineering Specialist (read more about Yaqoob).

This podcast series is sponsored by

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Videos

The Better Satellite World campaign shows the world why our industry, though often invisible, is indispensable to modern life, through powerful stories and videos that depict space and satellite technologies contributing to the economy, society and sustainability of planet Earth. Many of our Better Satellite World videos focus on how the business of space has expanded to enhance, improve and innovate in a massive number of areas.