The SocioEconomic Opportunity of Satellites
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1 The SocioEconomic Opportunity of Satellites UCL Space Week 9 th Apr 2018 Dr Nick Appleyard Head of Downstream Business Applications ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 1 European Space Agency
2 Purpose of ESA To provide for and promote, for exclusively peaceful purposes, cooperation among European states in space research and technology and their space applications. Article 2 of ESA Convention ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 2
3 Science with ESA ESA UNCLASSIFIED - For Official Use
4 Huygens First landing on a world in the outer Solar System On 14 January 2005, ESA s Huygens probe made the most distant landing ever, on Titan, the largest moon of Saturn (about 1427 million km from the Sun). ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 4
5 Rosetta First rendezvous, orbit and soft-landing on a comet. On 6 August 2014, ESA s Rosetta became the first spacecraft to rendezvous with a comet and, on 12 November, its Philae probe made the first soft-landing on a comet and returned data from the surface. ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 5
6 Today s Science missions (1) Hubble (1990 ) orbiting observatory for ultraviolet, visible and infrared astronomy (with NASA) SOHO (1995 ) studying our Sun and its environment (with NASA) XMM-Newton (1999 ) solving mysteries of the X-ray Universe Cluster (2000 ) studying interaction between Sun and Earth's magnetosphere Integral (2002 ) observing objects simultaneously in gamma rays, X-rays and visible light Hubble SOHO XMM-Newton Cluster Integral ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 6
7 Today s Science missions (2) Mars Express (2003 ) studying Mars, its moons and atmosphere from orbit Gaia (2013 ) mapping a thousand million stars in our galaxy LISA Pathfinder (2015 ) testing technologies to detect gravitational waves Mars Express Rosetta Gaia Gaia LISA Pathfinder LISA Pathfinder ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 7
8 Upcoming missions (1) BepiColombo (2018) a satellite duo exploring Mercury (with JAXA) Cheops (2018) studying exoplanets around nearby bright stars Solar Orbiter (2018) studying the Sun from close range James Webb Space Telescope (2018) studying the very distant Universe (with NASA/CSA) BepiColombo Cheops Solar Orbiter James Webb Space Telescope ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 8
9 Upcoming missions (2) Euclid (2020) probing dark matter, dark energy and the expanding Universe JUICE (2022) studying the ocean-bearing moons around Jupiter Plato (2024) searching for planets around nearby stars Athena (2028) space telescope for studying the energetic Universe Gravitational wave observatory (2034) studying ripples in spacetime caused by massive objects in the Universe Euclid JUICE Plato Athena ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 9
10 Science operations ESAC (near Madrid, Spain) is ESA s centre for science operations. Scientific users, Mission planning, Payload operations, Data acquisition/processing/distribution/ archives. ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 10
11 Business with ESA ESA UNCLASSIFIED - For Official Use
12 ECSAT: ESA s business centre European Centre for Space Applications and Telecommunications Established under an MoU with UK government, which requires ESA to develop it as our centre of business-facing activity. Magali Vaissiere Nick Appleyard ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 12
13 At ESA we see the best of every nation Il nostro caffè è italiano. Unser Qualitätsmanagement ist Deutsch. Ons bier is belgisch. Notre bureaucratie est française. Onze diplomatie is Nederlands. And our impact analyses are British No-one does economics like the UK ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 13
14 Space Economics for UK And the conclusion? The money is in Applications. Services. Entry barriers are also much lower for this. It s not just Space, it s what you do with it. UK Space Economy Turnover London Economics The Case for Space 2015 In the past this has served TV audiences. In the future? 5G / IoT Transport & Logistics Health & Healthy Ageing Insurance & Fintech Energy & Infrastructure Environment Marine & Fisheries Cities Agriculture & Food Space can serve every sector of UK s Industrial Strategy ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 14
15 B Commercially Sustainable What Kind of Impact? Balancing Commercial Profit with Socioeconomic Value A C D Socially Responsible A B C Revenue < Costs Value to Society Value and Profit E D Profit E Profit and Damage Net Value Creating ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 15
16 access to You can t have satellite applications without satellites These are space companies. ^ Ground segment, Space segment, Platform, Launch, Operations ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 16
17 ESA can help space science human spaceflight exploration ESA is one of the few space agencies in the world to combine responsibility in nearly all areas of space activity. earth observation launchers navigation * Space science is a Mandatory programme, all Member States contribute to it according to GNP. All other programmes are Optional, funded a la carte by Participating States. operations technology telecommunications ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 17
18 Space 4.0: a new era of space From the preserve of the governments of a few spacefaring nations To an increased number of diverse space actors around the world; Private companies, participation with academia, industry and citizens, digitalisation and global interaction; cf Industry 4.0: the unfolding fourth industrial revolution of manufacturing and services. ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 18
19 So now, these are also space companies. Early-stage and micro companies need particular support. ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 19
20 Public and Private Investment VC Angel & Corporate Venture Project Grants 3M, 50% Debt & Alternate Finance Private Finance Acceleration Public Support Incubation 80k, 75% 50k, 100% ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 20
21 UK leads Europe investing in Space for Economic Impact ESA Business Applications IAP Available funds (total 200M) ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 21
22 Business Applications: UK Investments and Impact 9% LSI EXPORT 32% Percentage of revenue obtained from export. 29% Private 34% ESA 91 % SME FUNDING 22.3M ESA project funding 37% Industry REVENUE 80M Cumulated revenues from service and product sales to 2017 (excludes ESA funding and Investments). JOBS 140 FTEs created and sustained as part of the ESA project. ESA and Industry investment = project co-funding Private investment = capital raised in debt & equity REVENUE 2020 MARKET 229M 11.3B Cumulated revenues estimated by 2020 Size of the market or potential revenue available for the service / product. ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 22
23 UK leads Europe investing in Satellites Earth Observation (total 1430M) Telecommunications (total 1530M) ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 23
24 The effect of Europe leaving UK ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 24
25 Does UK now have to quit ESA and EU Space Activity? NO, ESA is not EU. UK is not quitting ESA. Budgets for UK participation will be renewed Q at Ministerial Council. BUT Residency & right to work restrictions disrupt project teams; Legal and jurisdiction changes disrupt contracts; Trade tariffs on goods or services disrupt supply chains; EC science programmes (Horizon2020, FP9) UK access not guaranteed; EU/EC/GSA space activity (Galileo, Copernicus, GovSatCom) UK access not guaranteed. NOTHING IS AGREED UNTIL EVERYTHING IS AGREED! We will live with uncertainty for years to come ESA UNCLASSIFIED - For Official Use UCL Space Week 09/04/2018 Slide 25
26 Så lenge og takk for all fisken
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