The UK in a Globally Transforming Space Ecosystem Presented by - PowerPoint PPT Presentation

The UK in a Globally Transforming Space Ecosystem Presented by Carissa Christensen, CEO Defence Space 2018 May 22, 2018

Bryce Space and Technology Analytic consulting focused on space and satellite Opened UK firm in 2018 (London, Harwell) Non-partisan, non-advocate Data-driven, objective, transparent analysis Clients: UK Space Agency, NASA, FAA, DoD, national space agencies, industry, investors Example products • Start-up Space • State of the Satellite Industry • FAA Compendium of Commercial Space Transportation

2016 Global Space Economy 1

2016 Satellite Industry Indicators 2

Global Satellite Industry Revenue Global Satellite Industry Revenues ($ Billions) $300 $250 $200 $ Billions $150 2X $261 $255 $247 $231 $210 $100 $177 $168 $161 $144 $122 Ten-Year $50 Global Industry Growth $0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Growth Rate 15% 19% 11% 5% 6% 18%* 10% 7% 3% 2% Global satellite industry grew 2% in 2016, below worldwide economic growth (3.1%) and slightly above the U.S. growth (1.6%) 3

21st Century Investments in Start-Up Space Ventures $20B+ investment since 2000 (includes $5B in debt financing) Nearly $3B per year since 2015 160+ new angel- and venture- backed space companies 500+ investors in start-up space ventures since 2000 Venture-funded firms typically see high failure rates (3 of 4) Growth of risk-tolerant, high return seeking venture investment plus $ from billionaire space advocates

Number of Investors by Type (2000-2017) 5

Commercial Human Spaceflight: Billionaires & Buzz 6

Relative Sizes of Earth Observation Satellites Dove Planet WoldView-3 DigitalGlobe Landsat Data Continuity Mission (LDCM) NASA 7

Multiple VCs Investing in Start-Up Space 7

New NGSO Telecom Ventures: Business Cases TBD 9

Emerging LEO (and Beyond) Economy: Unknown Demand, Interdependent Business Cases 10

Future Considerations for Government Planning New commercial reality = enhanced capabilities + uncertainty Commercial capabilities help nations do more with limited resources Wide range of potential partners, many forms of partnership, new risks 12

View of UK Space Community and Capabilities Positive (but not highly informed) Well-regarded capability • “Top - notch engineering talent” • World leader in small sats • Industrial capability • “Ripe for investment” UK + US = strong relationship Mild Brexit concerns, expectation of increased space independence Spaceport questions Diplomatically important in space Defence : “UK MOD clearly knows how to use space” • Good partner; limited by orbital assets • Fylingdales radar station fully embedded • Skynet commercial approach ‘watched with interest’ • Potential limited only by ‘amount of money UK is willing to spend’

UK Path Forward: Defence and Space Integrated economic development and defence space strategy Turn lack of an existing space force into an advantage by building for the future • Incorporate commercial innovation • Analytics, machine learning, cyber skills • View of space as threatened warfighting domain Demonstrate commercial space What are potential space applications, xfer to US, others sources of Leader in ensuring appropriate military disproportionate success use of space – global reach, diplomatic in protecting people, voice promoting global influence, promoting prosperity?

Contact Carissa Christensen CEO Bryce Space and Technology 1199 North Fairfax Street, Suite 501 Alexandria, VA 22314 40-44 Newman Street, Fitzrovia London W1T 1QD +001 793 647 8078 twitter.com BryceSpaceTech brycetech.com linkedin.com/company/bryce-space-tech