Michele Scataglini’s Post

🇦🇺🚀🛰️ THERE HAS NEVER BEEN A BETTER TIME TO BE A SPACE STARTUP! The 39th Space Symposium in Colorado Springs, run by the Space Foundation was amazing - here are some of my key observations. 🚀💰 Investors and VCs believe there has never been a better time to be a Space Startup - if you have a pathway to sustainable, repeatable or recurring revenue. 🌎💰 McKinsey now predicts the value of the Space Economy to be $1.8 Trillion by 2035, up from $680 Billion in 2023. 🏛️🏦 Integrating commercial capabilities into military space capabilities is a strategic priority. 🛰️🌎🇦🇺 Returning objects from orbit is critical and will grow massively; Australia has geographical and regulatory advantages - a massive opportunity for Australia that will help lift the entire space economy! 🦘🇦🇺💡 Australians are very innovative and entrepreneurial - we punch way above our weight, and the US recognises this. 🇦🇺🇺🇸🇬🇧 AUKUS Pillar 2 applies to space, and it is critical for the future - this will create enormous opportunities for Australian space companies. 🇺🇸👍 Americans think differently about risk and innovation and understand that to get after hard problems quickly, failure is inevitable. We need to adopt more of this thinking in Australia. Overall, I am very optimistic about the future of space technologies being built out of Australia. We are at the beginning of a space infrastructure-enabled 5th industrial revolution. A shoutout to Tamara Bell, John Leslie, Stuart Nutting, Paul Burfield Christopher Amor and Dr Catherine Grace, (MBBS) from the Australian Trade and Investment Commission (Austrade) and Department for Trade and Investment for delivering significant value for Australian companies attending. Thanks to the Space Industry Association of Australia team, who attended to help promote the Australian space industry and next year's International Aeronautical Congress in Sydney. #IACSydney2025 A big thanks to Kevin Rudd and Enrico Palermo, and the representatives from Space Command AU and Defence Australia, for championing the Australian Space sector. Space Machines Company | Rajat Kulshrestha | Mark Ramsey | Tim Parsons | Roger Kermode | Darin Lovett | Anna Moore | David Waterhouse | Veronica Bainton | Nick Leake | Rebecca Darcey | Matthew Tetlow | Peter Clowes | Jose Coulson | Jeremy Hallett | Lisa Vitaris, MBA GAICD CompIEAust EngExec

🚀 Currently reading The Space Economy by Chad Anderson and it’s been a fascinating journey so far. Ignited by a recent conversation with David Anderman and Peter Eiff got me delving into the incredible “space change” happening above our heads. The advancements in space tech and the emerging economies surrounding it are truly out of this world 🌌. Would love to hear what are your go-to resources for exploring the latest in space technology and the economics of space? #SpaceEconomy #SpaceTech #Innovation

Commercialization is Key to Continued US Space Leadership The world recognizes that space is crucial for global security, science breakthroughs, economic growth, and global sustainability. https://lnkd.in/gS6giSks

#Senior #Leaders In #Government, #Industry, And #Academia Convene For Discussions On #Space #Innovation And #Commercial #Integration. Last week, I had the honor to contribute to Space Day at The Hoover Institution, Stanford University. The first such event dedicated to Space at #Stanford as a natural continuation of the Stanford Emerging Technology Review (#SETR). I moderated a panel on space technology advancements. The goals of the panel were twofold: 1) highlight the most recent #innovations in space technology; 2) introduce the key #challenges posed by these innovations through the lens of academia, industry, and government. It does not happen every day to sit around the same table and interact with #esteemed leaders and decision makers in the field, including the former and current #Generals of the #USSpaceForce among many others. A big thank to #Hoover for the opportunity, for the coordination, and to the experienced speakers of my panel: Dr. Al Tadros representing Industry, @Hon Frank Calvelli representing Government Acquisition, and Prof. Marco Pavone representing Academia. https://lnkd.in/di4ekj8Z

The Emerging Space Technologies Report by techUK (released in March 2024) charts a path towards sustained economic growth and technological leadership, enabling the UK to remain a leading space nation, but also to take full advantage of the opportunities for growth that the space sector provides. The Satellite Applications Catapult is committed to playing a vital role in advancing the UK's space economy - which underpins our presence at The Labour Party Conference later this month - and we are proud to have contributed to this work. The report highlight some key recommendations for economic growth, including: • Encouraging more non-space companies to develop emerging space technologies • Tackling the skills gap by improving domestic and international recruitment • Championing space sustainability through early involvement and adoption Read the report here: https://ow.ly/tiMr50TmF13 #LabourConference | #LabourPartyConference

Navigating The New Space Economy: The Space Impulse Market Intelligence Platform 📊 With the emergence of the “New Space” economy, the market is changing more rapidly than it has in decades but how can we develop a more collaborative and inclusive approach to accelerate and optimise the development of the space sector? Read more here: https://lnkd.in/euJeTJaU #SpaceTechnology #Innovation #DataIntelligence

Michele Scataglini explores the dynamic evolution of the space economy in "Pathways to Space: Working Hypothesis and Approach". Learn more about how incumbent firms and new ventures are reshaping market entry strategies for space commerce and the critical role of government agencies in nurturing this market. https://lnkd.in/gQ7WbiiY #SpaceEconomy #Innovation #MarketStrategy

🌍🚀 The #SpaceEconomy's Next Leap: A $1.8 Trillion Opportunity 🌠 The global space industry is set to skyrocket, with projections from #McKinsey & Company and the #WorldEconomicForum predicting it could $1.8 trillion by 2035. Leading this surge is #SatelliteBroadband, which could account for over 50% of the market.   As launch costs drop and access to space expands, the opportunities for private companies to invest in cutting-edge ventures, from #EarthScience innovations to #LowEarthOrbit missions, are more exciting than ever. 🚀🌍🔭   The future of #SpaceExploration is not a distant dream—it’s happening now, bringing technological breakthroughs and economic growth. Whether it's connecting remote communities or advancing scientific discoveries, space is set to reshape our world. 💡🌌   Stay tuned for more updates as the next frontier unfolds! 🌍✨ 📍Lear more: https://lnkd.in/gpRCitdh

More signs of growth in the space sector. A new report by Euroconsult shows that the Middle East's space sector, which has seen substantial growth in recent years, will hit $75 billion by 2032. Middle Eastern nations are transitioning from 'space users to space makers', the white paper said, adding that the global space industry was undergoing transformative shifts thanks to technological advancements, geopolitical changes and market dynamics. Middle East could 'redefine the global space narrative', the report said. Read more: https://lnkd.in/e4YT8K_B #space #spacetech #EMEA

“𝘕𝘰𝘸 𝘪𝘴 𝘵𝘩𝘦 𝘱𝘦𝘳𝘧𝘦𝘤𝘵 𝘵𝘪𝘮𝘦 𝘧𝘰𝘳 𝘚𝘤𝘰𝘵𝘵𝘪𝘴𝘩 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴𝘦𝘴 𝘢𝘯𝘥 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴 𝘵𝘰 𝘴𝘵𝘢𝘳𝘵 𝘧𝘰𝘳𝘨𝘪𝘯𝘨 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘤 𝘢𝘭𝘭𝘪𝘢𝘯𝘤𝘦𝘴 𝘸𝘪𝘵𝘩 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘵𝘪𝘵𝘢𝘯𝘴 𝘢𝘯𝘥 𝘦𝘮𝘦𝘳𝘨𝘪𝘯𝘨 𝘱𝘭𝘢𝘺𝘦𝘳𝘴 𝘵𝘰 𝘤𝘰𝘭𝘭𝘢𝘣𝘰𝘳𝘢𝘵𝘦 𝘰𝘯 𝘨𝘳𝘰𝘶𝘯𝘥𝘣𝘳𝘦𝘢𝘬𝘪𝘯𝘨 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴 𝘵𝘩𝘢𝘵 𝘴𝘱𝘢𝘯 𝘴𝘱𝘢𝘤𝘦 𝘢𝘯𝘥 𝘣𝘦𝘺𝘰𝘯𝘥.” A great article for the The Scotsman by Paul Thomas Global Space Innovation Lead, Accenture. 👏👏 At the Scottish Space Network, we are committed to nurturing the innovation and growth of early-stage space sector companies. We understand the pivotal role of seed and early-stage capital in transforming your ambitious vision into a tangible and thriving business. Whether you are pushing the boundaries of satellite technology, developing advanced propulsion systems, or pioneering in space data analytics, the right investment can propel your venture to unparalleled heights. Our network bridges the gap between visionary Scottish space startups and keen investors, both locally and internationally. 🚀 Follow the Scottish Space Network on LinkedIn for more investment news coming soon. 👀 To read the full article from Paul, click here 👉 https://lnkd.in/eTc4MNtY #spaceeconomy #scotlandisnow #spacescotland #SpaceIndustry #spaceinvestment