By Ozgur Gurtuna
This e-book offers an summary of key subject matters regarding area enterprise and administration. Case reports and an integrative part are integrated to demonstrate the basic recommendations and to construct instinct. Key themes within the box, similar to probability administration and price administration, are coated in detail.
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Extra resources for Fundamentals of Space Business and Economics
Example text
The leased capacity is used to provide a host of services, including TV and radio broadcasting and long-distance telephony. Global Navigation Satellite Systems Global Navigation Satellite Systems (GNSS) is the generic term that refers to satellite navigation constellations in Earth’s orbit. These constellations provide accurate positioning, navigation and timing information to users around the globe. Currently, there are only two systems that offer global coverage: the U. S. Global Positioning System (GPS) and the Russian GLONASS system.
Of course care is needed to avoid double counting. A good portion of the public space budgets flow to the private sector in the form of contracts. For 2010, this global figure encompassing all space activities was in the range of $235–277 billion, depending on which sources we use. , launch pads). So, to sum up, the global economic footprint of the entire space industry is in the range of a quarter trillion dollars. The workforce of space professionals can also be seen as a key indicator of the global space industry.
Income streams will be generated from the sale of the actual aircraft as well as from multi-year servicing and training contracts. In the space industry, this model is an exception and not the norm. Although there have been various attempts at mass producing satellites, such as the Iridium, Globalstar, Orbcomm and Teledesic series, this feat has to be repeated across the value chain (including launch services) to have a meaningful effect. Case Study: Iridium and the Lessons Learned from Terrestrial Competition The old saying of “If you want to make a million dollars in the space business, start with a billion” was right on the mark for the case of the Iridium LEO constellation.