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30 Voices on 2030 – the Future of Space

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30 Voices on 2030 – the Future of Space 30 Voices on 2030 The future of space Communal, commercial, contested May 2020 KPMG.com/au/30voicesonspace © 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Liability limited by a scheme approved under Professional Standards Legislation. 30 Voices on 2030 The future of space Communal, commercial, contested © 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Liability limited by a scheme approved under Professional Standards Legislation. 2 | 30 Voices on 2030: The Future of Space 30 Voices on 2030: The Future of Space Our 30 Voices on 2030 cover every facet of the global space industry and beyond – from space agencies and start-ups to VCs and media organisations. Taken together they create a valuable chorus of insight and expertise. Many of the views expressed in this report may be personal and not necessarily represent those of the Voices’ organisations or KPMG. Visit KPMG.com/au/30voicesonspace to view the report online. Share online #KPMG30Voices © 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Liability limited by a scheme approved under Professional Standards Legislation. 30 Voices on 2030: The Future of Space | 3 © 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Liability limited by a scheme approved under Professional Standards Legislation. 4 | 30 Voices on 2030: The Future of Space Space and Defence Industry Mike Kalms Lead Partner, KPMG Australia KPMG Right now, nothing invigorates The three that most resonated for business more than space. me were: firstly, space will be made more accessible, making it likely I’m serious. When the opportunity of that by 2030 you may well know space comes to the board, or another someone who has been to space. executive group in business, the first Secondly, the use of space data will thing that happens is leaders smile. expand significantly and turn into a They smile because space reminds commodity, which will provide value us all of something in our soul – that across different industries – from youthful quest for adventure, to emergency services to agriculture. explore and to grow. And finally, the potential of medical What’s amazing is we now live in a research and manufacturing may time when space isn’t science fiction. well unlock breakthroughs many When you read this 30 Voices on once thought impossible. 2030: The Future of Space paper, In your business, the insights you you’ll quickly realise space is a today take from 30 Voices on 2030 will opportunity for business. To work no doubt be different. I hope this in space, to grow food, to conduct paper and the informed, insightful medical research, to mine, to explore predictions it offers, in some small and expand – all this will happen way, influence you to either make or in your lifetime. That’s why you’re accelerate your first steps into the smiling now. business of space. But as your business starts to move If there is one thing we know about from abstract consideration of space business, considered investment and as a market to the mechanics of active engagement with new markets exactly what you might do, there trumps abstract consideration and are a number of considerations and PowerPoint slides. Now is the time to insights you might take into account. explore the business of space. Our 30 Voices offer perspectives. These 30 Voices will help you, and the industry as a whole, challenge thinking on what the future of space business holds. Stand still and you will miss your launch window. © 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Liability limited by a scheme approved under Professional Standards Legislation. 30 Voices on 2030: The Future of Space | 5 Space Industry Account Lead, Jacob Hacker KPMG Australia KPMG If we look back ten years, the space However, the environment that will industry was quite different to how result in 2030 is one where space has we see it today. The Space Shuttle was been democratised. Already many still flying, adding the final modules companies use space data every day - to the International Space Station, timing data for payments, positioning Hayabusa was about to return to for logistics, communications for Earth with samples from Itokawa, mining and imaging for agriculture. In and Space X were yet to launch their 2030, all companies will benefit from Falcon 9 rocket. The space sector was the data, insights and services available dominated by large government-led from space, without necessarily owning projects, with the idea of commercial and operating assets. We will know space being little more than a theory. people who have been to space as tourists. People will be on the Moon When considering the space sector developing an extended presence in advancements of the past ten deep space. And the benefits of space years, in particular the volume of to our lives on Earth will be profound commercial activity and investment – whether through the development we are seeing, the intersection of of medical transplants, unlocking the space with our daily lives and the reasons for aging or the management well-funded global programs to go of global warming. further with human exploration, while benefiting our lives on Earth, it is None of this is beyond our reach and inspiring to imagine what we will list there is a role for all to play in the as achievements by 2030. advancement of space – whether you are teachers, lawyers, doctors, trades We have interviewed 30 people people or public servants (to name a with an incredibly diverse range of few), everyone can be involved. perspectives on the space sector and explored how they see it changing in the coming ten years. The articles that follow look at the way barriers to entry will fall away, the evolution of involvement of a wider range of countries and the way new technology will drive new applications. There are challenges we will face along the way, ensuring we can keep space clean of debris, avoiding conflict in space, and helping commercial ventures to be sustainable and thrive. © 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Liability limited by a scheme approved under Professional Standards Legislation. 6 | 30 Voices on 2030: The Future of Space Contents Agnieszka Lukaszczyk 16 Genevieve Bell 40 Nobu Okada 64 Alice Bunn 18 Inbal Becker-Reshef 42 Pamela Melroy 66 Ariane Cornell 20 James Morhard 44 Peter Beck 68 Carissa Christensen 22 Jan Wörner 46 Rebecca Cowen-Hirsch 70 Chris Boshuizen 24 Jason Crusan 48 Rick Ambrose 72 Christian Davenport 28 Josef Schmid 52 Ruth Pritchard-Kelly 76 Dan Nevius 30 Karen Andrews 54 Salem Humaid Al Marri 78 Dylan Taylor 32 Larry Marshall 56 Steven Freeland 80 Elizabeth Jens 34 Megan Clark 58 Susmita Mohanty 82 Flavia Tata Nardini 36 Nikolai Khlystov 60 Tory Bruno 84 © 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Liability limited by a scheme approved under Professional Standards Legislation. 30 Voices on 2030: The Future of Space| 7 © 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Liability limited by a scheme approved under Professional Standards Legislation. 8 | 30 Voices on 2030: The Future of Space 30 Predictions for 2030 Humans will live, work and holiday in space 1. Space travel will be a collaborative 3. Zero gravity – new medical 5. You will know an astronaut. multinational venture. conditions and new treatments. 2. Living in space will be easier but 4. Many will experience space – but 6. The human genome will not easy. not all will go. change to support human deep space exploration. Deep space exploration 7. We’ll successfully mine the Moon 9. We’ll operate assets remotely on 11. Virtual companions will assist with for water by 2030. the Moon like mines in the Pilbara. the mental health challenges of long space travel. 8. We may finally discover evidence 10. Growing and eating food in space 12. We will look back in time more of life in space. will be commonplace. than 4 billion years. Space business models 13. Every business will be 15.
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