New Space Economy track at Arctic15
Wednesday, June 5 - Thursday, June 6
How can we use space technology to solve emerging business problems here on Earth? There are plenty of entrepreneurs are engineers looking tapping into space, but it’s not just about the technology anymore. It is about new ways of cooperation between different players to make space more attainable in our daily life.
No matter which study or prediction one refers to, the space industry is expected to grow. Conservative estimates place the growth at US$600 billion, while others such as Morgan Stanley expect it to grow to $1.1 trillion by 2040. With those numbers flying between the economists of Earth, it is clear that space already is a lucrative market, and will become even more so as the years go by.
At New Space Economy Track we are going to explore how to turn growing space industry into a space economy.