Ever since their inception, space activities have been innovative, but not driven by commercial considerations – that is, until the end of the Cold War, when the commercialization of space escalated. As a result, the direction of the innovation changed in order to leverage new business opportunities, which reached a turning point in the 2010s. This book discusses the developmental trends of the world space sector in detail, by analyzing their long-term evolution, and studying why this innovative industry sometimes experiences technological and organizational delays. Innovation Trends in the Space Industry also provides a framework to diagnose more accurately the potential technological threats that are currently faced by existing space tech manufacturers. Moreover, this book, with an economic perspective, provides a close examination of the space sector. It also contributes to enriching innovation management theory by leading us to better understand industry emergence shaped by customers, to reinterpret technological and organizational inertia in high technology activities, and to refine disruptive innovation trends.

Ever since their inception, space activities have been innovative, but not driven by commercial considerations – that is, until the end of the Cold War, when the commercialization of space escalated. As a result, the direction of the innovation changed in order to leverage new business opportunities, which reached a turning point in the 2010s. This book discusses the developmental trends of the world space sector in detail, by analyzing their long-term evolution, and studying why this innovative industry sometimes experiences technological and organizational delays. Innovation Trends in the Space Industry also provides a framework to diagnose more accurately the potential technological threats that are currently faced by existing space tech manufacturers. Moreover, this book, with an economic perspective, provides a close examination of the space sector. It also contributes to enriching innovation management theory by leading us to better understand industry emergence shaped by customers, to reinterpret technological and organizational inertia in high technology activities, and to refine disruptive innovation trends.

After decades of innovation, satellites now play a discrete but pivotal role in the efficient functioning of modern societies and their economic development. This publication provides the findings from a OECD Space Forum project on the state of innovation in the space sector.

Risk aversion in the satellite industry has fostered long development cycles and low rates of innovation in the past. Emerging trends in propulsion technology development and spacecraft architecture design could lead to increased adoption of small satellites as well as more open, flexible and useful space systems. Two particular developments can be used to map the future of the industry. First, the development of MEMS thrusters for launch vehicles could enable dedicated launches for small satellites. This could substantially bring down the cost of satellite deployment. Second, the successful completion of the DARPA System F6 project could demonstrate the value of spacecraft fragmentation. This in turn could shift the focus of the industry from certain attributes that result in long development cycles, thereby opening the doors for open systems and greater innovation. Emerging trends in the satellite industry may result in paradigm shifts that would dramatically decrease satellite costs and increase innovation. This may ultimately result in a structural change in the satellite industry.

The New Space industry, characterized by the emergence of private companies and start-ups developing innovative space technologies and services, is rapidly transforming the global space landscape. Sweden, with its strong technological capabilities and entrepreneurial spirit, is well-positioned to play a leading role in this new era of space exploration. However, the New Space industry is also highly competitive, and Swedish companies need to be able to innovate quickly and efficiently to succeed. Innovation ecosystems, which are networks of interconnected actors that collaborate to develop and commercialize new technologies, can play a vital role in supporting Swedish New Space companies. This chapter examines the importance of innovation ecosystems in the New Space industry from a Swedish perspective. It begins by providing an overview of the New Space industry and its key trends. It then discusses the role of innovation ecosystems in supporting innovation and growth in the New Space industry. Finally, it examines the Swedish space innovation ecosystem and identifies specific opportunities and challenges for Swedish New Space companies. The Importance of Innovation Ecosystems in the New Space Industry Innovation ecosystems are important for the New Space industry for a number of reasons. First, they provide access to a wide range of resources, including capital, expertise, and infrastructure. This is important for New Space companies, which often have limited resources of their own. Second, innovation ecosystems facilitate collaboration and knowledge sharing. This is essential for the development of new technologies, which often require expertise from multiple disciplines. Third, innovation ecosystems can help to reduce the risk associated with innovation. This is important for New Space companies, which are operating in a rapidly changing and competitive environment. The Swedish Space Innovation Ecosystem The Swedish space innovation ecosystem is relatively strong, with a number of well-established companies and research institutions. However, there are also some challenges that need to be addressed to support the growth of Swedish New Space companies. One challenge is that the Swedish space innovation ecosystem is fragmented. There are a number of different actors involved in the space industry, but they are not always well-connected. This can make it difficult for New Space companies to access the resources and support they need. Another challenge is that the Swedish space innovation ecosystem is relatively small. This limits the pool of potential collaborators and investors

The new age space value chain is a complex interconnected system with diverse actors, which involves cross-sector and cross-border collaborations. This book helps to enrich the knowledge of Artificial Intelligence (AI) across the value chain in the space-related domains. Advancements of AI and Machine Learning have impactfully supported the space sector transformation as it is shown in the book. "This book embarks on a journey through the fascinating realm of AI in space, exploring its profound implications, emerging trends, and transformative potential." Prof. Dr. Oliver Ullrich - Director Innovation Cluster Space and Aviaton (UZH Space Hub), University of Zurich, Switzerland Aimed at space engineers, risk analysts, policy makers, technical experts and non-specialists, this book demonstrates insights into the implementation of AI in the space sector, alongside its limitations and use-case examples. It covers diverse AI-related topics applicable to space technologies or space big data such as AI-based technologies for improving Earth Observation big data, AI for space robotics exploration, AI for astrophysics, AI for emerging in-orbit servicing market, and AI for space tourism safety improvement. Key Features: Provides an interdisciplinary approach, with chapter contributions from expert teams working in the governmental or private space sectors, with valuable contributions from computer scientists and legal experts Presents insights into AI implementation and how to unlock AI technologies in the field Up-to-date with the latest developments and cutting-edge applications

A true revolution has rocked the space industry, as Silicon Valley and new startup companies around the world have shaken up the status quo. This has in turn triggered a hefty response among traditional aerospace companies, launching the sector into the new Space 2.0. This book explains how and why this remarkable change has happened, starting from the industry's origins during the Space Age and working its way to the present day. No other industry in the world has experienced the dramatic shift in technology and services as rapidly as the field of satellite services and rocket launch systems has. This book analyzes the dynamic shift over the past decade in how satellites are designed, manufactured, launched, and operated. It also turns an eye to the future, discussing the amazing feats and potential issues we can expect from this shifting arena by 2030. With its beginner-friendly writing style and plethora of illustrations, this book serves as a perfect introductory text to students and professionals alike wishing to learn more about the key trends in the field of space applications and launch systems.