Italian Mars Society
Opportunities in New Space Opportunities in New Space
“New space” refers to the recent commercialisation of the space sector. While the state used to have a monopoly over the sector, private actors... Opportunities in New Space

“New space” refers to the recent commercialisation of the space sector. While the state used to have a monopoly over the sector, private actors now play an increasingly important role, most notably companies like SpaceX and the so-called “GAFAs” (Google, Apple, Facebook and Amazon). Furthermore, digital applications are dominated by ever fewer companies, most of which are based in the United States. NewSpace is driven both by new markets for services and applications and by the development of very innovative technologies and products. However, the focus is not placed on technologies as it is in the traditional space industry but on the market success to be had from innovative applications

Main areas of the NewSpace application:

-Global data networks, broadband coverage, and the Internet of Things

 -Geo-information services for applications in the private sector, e.g. in the insurance sector or in the oil and gas industry

– Big Data applications which capture data with the assistance of satellites

-Autonomous systems which are based on satellite navigation and communication for the purposes of steering and contro

Mega-constellations on the basis of mini-, micro- and nano-satellites (“CubeSats”) are the icons of the NewSpace scene. They have the potential for diverse commercial applications, particularly in earth observation, for broadband connections and for the Internet of Things. Inspired by internet entrepreneurs, new Big Data and geoinformation business models are developing. Mini-, micro- and nano-satellites require different launch systems than a five-tonne geostationary communication satellite.

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