Space and Business

03/15/24 • 24 min

It is estimated that the lunar economy will reach a total of €170 billion of cumulative market value and lead to the creation of close to 2 million jobs in the next 15-20 years. The next decade could be marked by over 400 lunar missions, making the Moon a new priority for space agencies and commercial actors. To demystify this topic, in the fourth episode of Resourceful, we have invited Kyle Acierno from OffWorld and Estelle Godard from Promus Ventures to share some insights on what the future of business in space looks like. Sources: www.esric.lu/news-media/podcasts

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Space and Circularity

We have surrounded our planet Earth with spacecraft that make our daily lives easier to navigate, help us tackle the impact of climate change, as well as answer vital scientific questions. Today we are launching 10 times more than we did 10 years ago and even if there is a lot of space in space, it is all becoming a bit cluttered. Right now we are only talking about satellites and space stations, but with more and more missions to the Moon underway – estimated at 400 by 2030, we will become increasingly challenged as a society to rethink our footprint in space and switch to a circular mindset. On earth, electronic waste is foreseen to reach 75 million tons by 2030, but what about the trash that is currently floating above our heads? For this third episode of our mini-series, we have asked Sabrina Andiappane from Clearspace and Bernd Weiss from Lulea University of Technology to clear the air for us and explain what kind of solutions they envision for a circular future of space.

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Space Resources and the Community

A small nation on the global map: Luxembourg plays a central role in the field of space. With the creation of the Luxembourg Space Agency in 2018, and then, in 2020, the inauguration of the first research and innovation centre focused on space resources - ESRIC, the small Grand Duchy is no longer renowned only for its financial services and European institutions. Furthermore, Luxembourg is hosting the event of reference that has recently concluded its sixth edition: Space Resources Week. This year’s conference brought together the community comprised of key actors from academia, research, space agencies, industry, as well as the UN Expert Group on Outer Space Affairs (UNOOSA). In this episode of Resourceful, we have invited Dr Kathryn Hadler, Director of ESRIC to tell us more about the outcomes of this conference. Sources: www.esric.lu/news-media/podcasts