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The current state of the U.S. space industrial base

Credits: USSF-DIU-AFRL

The U.S. Space Force, Air Force Research Laboratory and the Defense Innovation Unit just completed a workshop on the state of the U.S. space industry. The virtual event, hosted by New Space New Mexico, brought together more than 120 representatives across the federal government, industry, and academia to access the current health of the America’s space industry and to provide recommendations for strengthening that industrial base. The resulting report called “State of the Space Industrial Base 2020” has just been released this month.

The workshop focused on 6 key areas thought to be the locus of future space industry activities:

  • Space policy and finance tools
  • Space information services
  • Space transportation and logistics to, in and from cislunar space and beyond.
  • Human presence in space for exploration, space tourism, space manufacturing and resource extraction
  • Power for space systems to enable the full range of emerging space applications
  • Space manufacturing and resource extraction

Recommendations included:

  1. Industry should aggressively pursue partnerships with the US government to develop and operate joint commercial, civil and defense space capabilities. These partnerships should jointly fund developing capabilities that benefit from but are not heavily reliant on US government investment and revenue for their commercial viability.
  2. Entrepreneurs with innovative and potentially dual-use technologies must improve the protection of their intellectual property from unintended foreign assimilation, including protecting their networks from cyber exfiltration attempts, and avoiding exit strategies that transfer intellectual property to foreign control hostile to US interests.
  3. Businesses should engage across the US educational system to guide and develop the future STEM workforce to fuel the future space economy, to include funding for undergraduate scholarships/loans for STEM students, internships and providing space professionals to support instruction in space subjects.
  4. Industry should improve ties and partnerships with domestic and allied parts, subcomponent and subsystem manufacturers to strengthen trust and resilience in space supply chains.
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Going up? Space elevators getting ready for prime time

Artist’s impression of a space elevator. Credits: Steve Bowers / orionsarm.com

The International Space Elevator Consortium (ISEC) has just published a position paper on the technology readiness of this alternative to launch vehicles subject to the constraints of the rocket equation. Recent advances in material science of single crystal graphene and other alternatives show potential for fabrication of tethers long enough and with the required strength to enable space elevators by the late 2030s. The authors present a case that the demand for launching enough mass to support ESA’s Moon Village, space based solar power and Elon Musk’s vision for Mars colonies far exceeds projected conventional rocket capabilities. Space elevators could fill this need while being better for the environment.

Diagram of a space elevator system. Credits: ISEC
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Beyond Earth Institute publishes policy recommendations to accelerate space settlement

Illustration of an early space settlement. Credits: Beyond Earth Institute, Inc.

The newly formed nonprofit just issued their June 2020 BE Report outlining what steps need to be taken by government and industry in the areas of export controls, best practices and multilateral agreements to foster a future where millions of people will be living and working in space, while in compliance with the Outer Space Treaty.

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Space settlement through private enterprise

Artist rendition of Starship exploring Saturn. Image credit SpaceX/Flickr

In an interview by Stuart Clark in BBC Science Focus Magazine, Vice President for North American operations for the International Space University Gary Martin answers questions on how private enterprise is changing space exploration. Companies like SpaceX and Blue Origin, through their own initiatives and public/private partnerships are opening up the final frontier, paving the way for space settlement.

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UFO: Investing in the space economy

Procure Space (Ticker symbol UFO) is a little known Exchange Traded Fund (ETF) available to average investors that is the only such vehicle focusing mainly on the space industry. Created by ProcureAM, LLC the ETF trades on the NASDAQ stock exchange. The objective of the fund is to track the S-Network Space Index which is designed to measure the performance of companies engaged in space-related industries. In the future, additional companies engaged in other space-related industries may emerge and be added to the index. These industries could include space colonization and infrastructure, among others.

Procure Space ETF (UFO) portfolio breakdown by industry sector and country. Graphic credit: ProcureAM
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Pros and Cons of Trump’s Executive Order on Encouraging International Support for the Recovery and Use of Space Resources

SpaceWatch.Global examines arguments in support and against the EO. Christopher Johnson of Secure World Foundation states in the position in favor:

“The US would like to [be] the leading nation in the use of space resources. It’s worth noting that other States are also interested in space resources, such as Luxembourg, and others.”

On the side arguing against the EO, Dimitra Stefoudi of the University of Leiden says:

“Applied to outer space, the concept of global commons could be interpreted as prohibiting rights over resources found in that area, particularly for commercial purposes, and would be contrary to the US policy of promoting such rights for commercial actors.”

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Executive order authorizes the commercial use of space resources

The document states that “Americans should have the right to engage in commercial exploration, recovery, and use of resources in outer space, consistent with applicable law. Outer space is a legally and physically unique domain of human activity, and the United States does not view it as a global commons. Accordingly, it shall be the policy of the United States to encourage international support for the public and private recovery and use of resources in outer space, consistent with applicable law”