By 
September 30th, 2021
A new study appraises the wide swath of space technology trends and strategic financial insights – including space health, off-planet construction to private spaceflight, space solar power and space settlement.
The 240-page case study is the work of SpaceTech Analytics (STA), a strategic analytics agency focused on markets in the space exploration, spaceflight, space medicine, and satellite tech industries.
The study is targeted for investors, entrepreneurs, and stakeholders with the goal to raise the education level of those who are not already space technology experts.
Credit: STA
Key takeaways
In an STA press statement, some of the study takeaways include the following:
— Small satellites are actively expanding in the SpaceTech market. Small satellites are very light and may mass as little as 30 kg. Unfortunately, it is not generally affordable and reasonable to launch one small satellite. However, launching dozens or hundreds of satellites reduces costs significantly, which makes launches more accessible. On January 24th 2021, SpaceX set a record and launched 143 satellites on a single rocket for $57M on a Falcon 9.
Credit: Astrobotic
— Today, commercial space transportation is the primary means of delivery to Earth orbit. Soon, this will include commercial in-space transportation systems and their support infrastructure. There are commercial in-space transportation companies now. Today, one can book payload delivery to the Moon on expendable commercial lunar landers with Astrobotic for $1.2M per kilogram.
— Space is becoming relatively more accessible and affordable, allowing smaller countries to launch satellites with less effort and fewer resources. As a result, many countries in Africa, Latin America, and Asia have begun developing space technologies. For example, Kenya and Bahrain have joined the list of countries operating satellites.
Lunar resources
The study also provides insights into tapping the Moon’s resources and underscores that space medicine is a new frontier sector. Takeaways include:
Using local resources on the Moon can help make future crewed missions more sustainable and affordable.
Credit: RegoLight, visualization: Liquifer Systems Group, 2018
— Potential lunar resources may encompass materials that can be processed such as volatiles and minerals and geologic structures such as lava tubes that together might enable lunar habitation. The industrial development of asteroids involves extracting raw materials on asteroids and space bodies in the asteroid belt and especially in near-Earth space (in terms of velocity to get to them).
— Space Medicine is a new frontier sector along with longevity. Long-duration spaceflight needs to be investigated more thoroughly. It is known that weightlessness influences muscle loss, bone loss, renal dysfunction, cardiovascular system, immune system, as well different neurological disorders and behavioral health. This will likely change in the coming era of space tourism.
To access this detailed, informative study, go to:
https://analytics.dkv.global/spacetech/SpaceTech-Industry-2021-Q3-Report.29:09.pdf
Posted in Space News
