Routes to Market Report

Total Page:16

File Type:pdf, Size:1020Kb

Routes to Market Report Routes to Market Report 30 - Satellite Technologies for Space Launch Services 1 1. Contents 1. Contents ................................................................................................................................................ 2 2. Introduction and Scope ......................................................................................................................... 3 3. Market Overview and Opportunities .................................................................................................... 4 4. Customer and Value Proposition to Customer and End-User .............................................................. 7 4.1. Earth Observation Customers ....................................................................................................... 7 4.2. Communication Customers........................................................................................................... 7 5. Value Chain and Competing Solutions .................................................................................................. 8 5.1. Competition from the UK Perspective .......................................................................................... 9 Japan ................................................................................................................................................... 10 Spain .................................................................................................................................................... 10 India .................................................................................................................................................... 10 Sweden ................................................................................................................................................ 10 6. Role of UK Companies ......................................................................................................................... 10 7. Revenue Projections ........................................................................................................................... 12 8. Market Enablers .................................................................................................................................. 12 9. Challenges and Steps to be taken ....................................................................................................... 13 10. Market Dynamics and Value Chain ................................................................................................. 14 11. Market Trends ................................................................................................................................. 16 11.1. The UK Perspective ................................................................................................................. 16 2 2. Introduction and Scope The number of new, small-satellite operators has increased over the last 5 years, enabled by the availability of standardised small-satellite hardware at relatively lower prices, which allows operators to develop assets at lower cost. This dynamic will continue to disrupt the competitive landscape and new suppliers are expected. However, the key challenge faced by small-satellite operators is the lack of dedicated launch services for small-satellites, forcing them to adopt the existing ride-share opportunities which can be prohibitively expensive. This lack of affordable access to space continues to keep space capabilities away from businesses that are willing to invest in next-generation satellite services for earth-observation and connectivity. Table 1 provides the terminology relevant to this analysis and the space launch market this study covers. Alongside small-satellites, nano and micro-satellites are gaining prominence. Table 1: Definitions Small-satellite Small form satellites weighing 500 kg and less Nano-satellite Small-satellites up to 10 kg Micro-satellite Small-satellites up to 150 kg Spaceport Dedicated launch infrastructure focused on LEO/sub-orbital launches Table 2 presents a summary of the main space launch market trends and expected outcomes. The key aspect of space launch market in the United Kingdom will be the accessibility of infrastructure and regulatory framework that can support a diverse group of affordable launch service providers. This will require the government agencies (UK Space Agency and UK Department of Transport) to evolve and implement necessary regulatory framework to accommodate space launch services and launch operators (domestic and international). The presence of affordable launch services in the United Kingdom will be an enabler to small-satellite operators in the United Kingdom and EU region. A spaceport based launch service market will not only enable small-satellite launches but also support the still evolving space tourism and high-speed air travel segments. Spaceports in the United Kingdom (to be developed) will be covering conventional rocket launches and air-launched rocket systems which will be a key differentiating factor for the business model the spaceport business will establish. For this purpose, the spaceport will not only require dedicated land space but also a specially dedicated and regulated air space consistent with the launch operations requirements. 3 Table 2 Market Trends across Timeline and Expected Outcomes (Source: Frost & Sullivan) TRENDS ACROSS TIMELINE KEY MARKET KEY EVOLVING (1- FUTURE FAR FUTURE CURRENT FEATURES STAKEHOLDERS 2 years) (3-6 years) (7-10 years) No Development Persistent Affordable dedicated of dedicated Long-term Launch capability demand for access to LEO small- LEO small-sat launch developers and LEO small-sat LEO/sub- sat launch launch contracts operators launches orbital space capability capability Scheduled Demand for single/multi- Small- More small- polar/equato Sustainable Small-satellite manifested satellite satellite rial/mid- small-satellite operators and launches spread operators operators latitude LEO industry manufacturers across the launches calendar Dedicated Dedicated Sustainable Government airspace Spaceport Spaceport infrastructure LEO/sub- agencies, air & allocation and developmen business for LEO/sub- orbital space space regulators evolution of ts models orbital launch and spaceport regulatory launches industry operators framework 3. Market Overview and Opportunities Chart 1 below indicates the launch forecast for small-satellites during 2014-2023. Multiple research groups [GeoOptics Inc.’s CICERO constellation] are fielding their experimental small-satellites with the objective of commercial business models, should their technology demonstration succeed. While the number of small-satellite operators seems relatively small, the number of small-satellites expected to be launched are much higher (currently, over 2,270 satellites are expected to be in orbit while during 2016- 2023, over 2,500 small-satellites are expected to be launched). OneWeb, a small-satellite start-up, is planning to install a 720 satellite constellation for wireless broadband services to remote location not connected with fiber-optic network. Planet, which already has over 100 small-satellites in operation, is planning to expand its fleet. As given in Chart 1 below, the total quantum of small-satellites to be launched during 2016-2023 is estimated to be 2,591. The current space launch industry does not have any dedicated launch services for small-satellites and therefore does not have the launch capacity to meet this approaching surge in demand. Moreover, small- satellite operators are aiming to place their payloads in mid-latitude orbits which is not frequented by existing launch capabilities and this means there is an emerging demand for unique orbital placements which cannot necessarily be supported with conventional rideshare capabilities. Multiple space launch developers [listed below] are currently working on diverse launch technologies for small-satellites and some of these developers are also preparing to be launch operators looking to conduct scheduled LEO launch operations. The entry of small-satellite based commercial businesses has 4 substantiated the approaching ‘persistent-demand’ for scheduled LEO launches for small-satellite payloads. The key aspect of the LEO space launch market development is that the launch operators are aiming to offer low-cost launch services to small-operators who might not have the big budgets to afford existing launch capabilities. The objective is to develop reliable cost-effective technologies that can allow affordable launch opportunities for small-budget business models. The small-satellite operators are developing business models to cover a diverse range of customer groups. In the earth-observation domain, ‘pay-per-picture’ purchase option is gaining prominence as imagery sales are looking to cover ad- hoc purchases suitable for individual stakeholders. In the connectivity domain, the focus is shifting from providing exclusively upstream augmenting capacity to delivering full solutions where the end-user can get the air-time and hardware from the satellite operators and/or their regional channel partners. The connecting link among these trends is the fact that the satellite operators are using small-satellite systems for their services which they have developed with extremely small budgets. Such democratised satellite capabilities distribution covering diverse customer groups at low costs require suitable low cost access to space which is the current capability
Recommended publications
  • For Personal Use Only Use Personal for Galactic for Four Dedicated Missions on the Launcherone System from 2018
    Sky and Space Global Ltd ABN 73 117 770 475 Level 7 1008 Hay Street PERTH WA 6000 P: +61 8 9389 2000 F: +61 8 9389 2099 W: skyandspace.global 5 October 2016 ASX Code: SAS Virgin Galactic Sign MOU - Evaluation of SAS Network for LauncherOne Highlights • Sky and Space Global has signed a non-binding Memorandum of Understanding (MOU) with Virgin Galactic • The MOU is to evaluate the technical and commercial potential of the Company’s nano- satellite communications network to provide connectivity to its LauncherOne carrier aircraft, Cosmic Girl • Parties will work together to determine whether Virgin Galactic’s modified 747-400 carrier aircraft can be made compatible with SAS’s space-based communication network • The joint objective is to evaluate the potential use of the SAS nano-satellite communications network as the platform to transmit the LauncherOne telemetry data from the launch vehicle during orbit, back to Virgin Galactic’s data control centre • SAS has previously contracted with Virgin Galactic for four dedicated missions on the LauncherOne system Sky and Space Global Ltd (ASX: SAS, “Sky and Space Global” or the “Company”) is pleased to advise that it has signed a non-binding Memorandum of Understanding (MOU) with Virgin Galactic regarding the potential use of the Company’s network to provide connectivity to Virgin Galactic’s 747 carrier aircraft for transmission of its telemetry data to its control centre. Under the terms of the MOU, the parties are to work together to evaluate the technical and commercial parameters to determine whether Virgin Galactic’s modified 747-400 carrier aircraft, Cosmic Girl can be made compatible with SAS’s space-based nano-satellite communications network.
    [Show full text]
  • Espinsights the Global Space Activity Monitor
    ESPInsights The Global Space Activity Monitor Issue 6 April-June 2020 CONTENTS FOCUS ..................................................................................................................... 6 The Crew Dragon mission to the ISS and the Commercial Crew Program ..................................... 6 SPACE POLICY AND PROGRAMMES .................................................................................... 7 EUROPE ................................................................................................................. 7 COVID-19 and the European space sector ....................................................................... 7 Space technologies for European defence ...................................................................... 7 ESA Earth Observation Missions ................................................................................... 8 Thales Alenia Space among HLS competitors ................................................................... 8 Advancements for the European Service Module ............................................................... 9 Airbus for the Martian Sample Fetch Rover ..................................................................... 9 New appointments in ESA, GSA and Eurospace ................................................................ 10 Italy introduces Platino, regions launch Mirror Copernicus .................................................. 10 DLR new research observatory ..................................................................................
    [Show full text]
  • Breaking New Ground with Small Satellites
    ....Small Satellites LauncherOne courtesy of VirginGalactic LauncherOne courtesy of Breaking new ground with small satellites The satellite industry has seen a surge of game-changing technology in recent years, not the least of which is the growth in popularity of small satellites. With access to space remaining price- prohibitive, alternative, more cost-efficient technologies have really taken-off, allowing new countries, companies and scientific institutions to launch their own space programmes for the first time. This has had a large impact in Asia, where finances are often restricted; the surge of new programmes has enabled ground-breaking new space projects like China’s Dark Matter Particle Explorer (DAMPE) satellite. The level of change documented in the satellite sector in chance to create new technologies that make small satellites the last decade has been truly astounding; what’s more, the better with each iteration. By their very nature, small satellites major areas of new innovation, namely high throughout require smaller and more efficient parts, including satellites (HTS) and small satellites, are on completely transponders, on-board computers, modems, amplifiers, and opposite ends of the scale. Both serve their purpose well. electronic thrusters. HTS provide a great solution for the booming data market, It’s clear that the small satellite sector is here to stay. In while small satellites open up new windows of opportunities the ‘Global Small Satellite Market (By Type, By Application, for new market entrants, whether they be companies, By End-Use): Trends, Opportunities and Forecasts (2016- countries, or research institutes. Small satellites can be 2021)’ report, Research and Markets has forecast that the manufactured and launched more rapidly, and cost less to global small satellite market will grow at a CAGR of 19.53 produce, launch and operate, than traditional satellites.
    [Show full text]
  • Small Satellites and the Law of Outer Space Issue Date: 2019-06-18
    Cover Page The handle http://hdl.handle.net/1887/85164 holds various files of this Leiden University dissertation. Author: Palkovitz Menashy, N. Title: Regulating a revolution : small satellites and the law of outer space Issue Date: 2019-06-18 Chapter 1: The Small Satellites Revolution 1. Introduction In a SpaceNews piece titled: ‘Small satellites are at the center of a space industry transformation’, Chris Baker, NASA’s Small Spacecraft Technology program executive explains: ‘When you have a potentially disruptive innovation like cubesats and like smallsats, it tends to be the startups that are able to develop the new technology the fastest and most effectively in the beginning,’ Baker said. ‘Those startups then become attractive targets for strategic investment by larger more established firms when the capabilities of the small spacecraft have increased to the point where they intersect with the capabilities of the established aerospace industrial base.’1 Indeed, in recent years, small satellites have taken the space industry by storm. It seems that almost every space-faring entity has aspirations to use this technology, or is using it already, for its next satellites application project. In order to learn about the ‘small satellites phenomenon’ this first chapter aims to introduce small satellites to the reader. The chapter will focus on the following questions: What are small satellites; and in what ways have they revolutionised the space industry? Since there is no one official scientific definition to the term ‘small satellites’, and since the small satellites revolution exceeds the scientific characteristics of its technology, the first section of this chapter will define and contextualise the term, using multiple perspectives.
    [Show full text]
  • The Light Launcher Landscape: a Compilation and Assessment of Publicly Available Data on Market, Competition and Financing
    69th International Astronautical Congress (IAC), Bremen, Germany, 1-5 October 2018. Copyright ©2018 by Deutsches Zentrum für Luft- und Raumfahrt. Published by the IAF with permission and released to the IAF to publish in all forms. IAC-18-D2.7.1 The Light Launcher Landscape: A Compilation and Assessment of Publicly Available Data on Market, Competition and Financing Holger Burkhardta aLauncher Department, Space Administration, German Aerospace Center, Königswinterer Str. 522-524, 53227 Bonn, Germany, [email protected] Abstract Light launch vehicles are currently a hot topic in the space transportation business. More than 100 light launcher development projects can be counted worldwide. Many seem to be still in a very preliminary phase of their development, while others have demonstrated substantial technology developments. Rocket Lab with its Electron launch vehicle is one of the few who already have successfully reached orbit. Common to most is the fact that these endeavors are exclusively or to a large degree privately funded. This paper will try to compile and assess publicly available data relevant to the light launcher market. First focus will be a short overview on the launch vehicle developments themselves. This is complemented by a high level view of the funding situation, or more specifically the inflow of investment capital. Last but not least, the market side is addressed. A first assessment focuses on the share of payloads compatible with light launchers within the global payload count. This is complemented by a compilation of market forecasts, evidencing the challenges and opportunities for light launchers. The paper is to a large extend based on an assessment of the calendar year 2017, while taking trends and evolutions within 2018 in due account where appropriate or where data is available.
    [Show full text]
  • Virgin Galactic - Binding Launch Services Agreement Signed
    Sky and Space Global Ltd ABN 73 117 770 475 Level 7 1008 Hay Street PERTH WA 6000 P: +61 8 9389 2000 F: +61 8 9389 2099 W: skyandspace.global 13 September 2016 ASX Code: SAS Virgin Galactic - Binding Launch Services Agreement Signed Highlights • Sky and Space Global has signed a binding launch services agreement with Virgin Galactic to secure four dedicated missions on the LauncherOne system from 2018 • Virgin Galactic and Sky and Space Global jointly announce the execution of the binding launch agreement at the Satellite Business Week conference in Paris • Each of the four launches purchased will carry multiple nano-satellites, which will allow the Company to rapidly establish its full constellation of up to 200 nano-satellites and provide equatorial band coverage to billions globally • Sky and Space Global’s flights are the first LauncherOne missions to be announced that are planned to fly from low latitudes, allowing the Company to maximise the amount of payload delivered to a low inclination orbit - for the Equatorial nano-satellite constellation Sky and Space Global Ltd (ASX: SAS, “Sky and Space Global” or the “Company”) is pleased to advise that further to the announcement dated 27 June 2016 announcing Virgin Galactic as a future launch provider, the Company has signed a binding launch services agreement with Virgin Galactic. This agreement secures four dedicated missions on Virgin Galactic’s LauncherOne for the deployment of the initial Equatorial constellation from 2018. LauncherOne is Virgin Galactic’s orbital launch vehicle, dedicated to the small satellite market. Sky and Space Global plans to predominately use Virgin’s LauncherOne to launch its Equatorial constellation of nano-satellites.
    [Show full text]