New Space Economy: an opportunity for companies

New Space Economy: business opportunities for companies

Cambra de Comerç de Barcelona, in collaboration with Knowledge Innovation Market (KIM) Foundation, meets in the same day the New Space’s companies, who are the organizations and institutions that promote and finance these types of projects, and the leading researcher to know current trends and new ways of doing business. 

In the New Space Economy: an opportunity for companies conference, it will be talked about the promotion policies of the new space economy and addressed topics like technologies and possibilities of the new era, opportunities of undertaking in the spatial sector, programmes and financial aids and the possibility of colonising other planets thanks to the construction of lunar bases with 3D technology. 

It will be the possibility to have the presence of representatives of the Generalitat de Catalunya, Cambra de Comerç de Barcelona, ​​Centro para el Desarrollo Tecnológico Industrial (CDTI) and European Space Agency (ESA); companies like SpaceSur, GTD and Rokubun; and universities and research centres like Universitat Politècnica de Catalunya (UPC), Universitat Autònoma de Barcelona (UAB), LEITAT Technological Center and Institut d’Estudis Espacials de Catalunya (IEEC).

Programme

What is the New Space Economy?

It is a global trend which consists of a series of technological innovations and of business model. They have entailed a major reduction of the costs and have resulted in the provision of new products and services which have increased the existing customer base. 

And how does it affect me?

It concerns everyone, and it is not only for spatial companies (before it was in contrary!). It is the opportunity to use Earth Observation data, among others, to solve multitude of actual problems like issues of environment, tourism, energy exploitation, communications, infrastructures, etc.

How can I take advantage of it?

It opens the doors of new opportunities for traditional businesses (automotive, tourism, telecommunications, energy…) who want to improve their services or make them profitable taking advantage of new technologies. 

It is a booming sector, with an estimated value between 53-62 billions of euros in 2017. Do you know that more than 10% of GDP of the UE comes from spatial services? Having a faster and cheaper access data will make us create better technologies, rethink about businesses and obtain better services (spatial tourism, additive manufacturing for extraterrestrial conquest and the technological development in the space, asteroid and planetary mining, etc.). 

Organized by:

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With the support of:

New Space is a modern concept that will revolutionize the world with a new economy based on space systems and applications. It will do so because it is driven by a private company, which is ready to invest with the expectation of producing both economic and social benefits. The concept is linked to talent and creativity, characteristic of entrepreneurship, so present in Catalonia. Space projects that will solve many of the issues that arise in everyday life: mobility and connectivity, climate emergencies … But also “ideas” that we still have difficulty imagining, such as space tourism or new materials and minerals on other stars. All of this presents an exciting challenge that we are happy to assume and lead from Catalan society.

Mònica Roca – First Vice President at Barcelona Chamber of Commerce and President of the Space & Aerospace Commission

Catalonia has the capacity to become an international development pole linked to the “New Space Economy”. The public-private collaboration is necessary to promote this emerging ecosystem with high growth potential.

Daniel Marco – General Director of Innovation and Digital Economy in the Generalitat de Catalunya

The EU R&D Space Strategy for the years 2021-2027, clearly takes into account the activities of “New Space”, which will encourage the use and empowerment of services provided by European space systems. These activities will attract new companies and entrepreneurs as a global part of the value chain.

Andrea J. Pérez-Carro – European Programs & Territorial at CDTI

Space Technology for Digital Transformation:
 – The current space technologies for remote observation of the earth open up endless opportunities for the improvement of business processes in multiple sectors.
 – For the infrastructure sector that needs to manage thousands of kilometers of railways, pipelines, high voltage lines, highways, etc. on a daily basis, having a macro view with analysis through artificial intelligence results in a dramatic change and positive in its operations and deployment model in the territory.
 – Just as our mobile phones now receive and manage data from GPS and Galileo positioning satellites, it will soon be possible in an analogous way with images and other information from the earth observation constellations such as Copernicus.

Armengol Torres – European Vicepresident at SpaceSUR

The New Space opens a new exciting opportunity to do scientific and technological research. It is a paradigm shift that is called to revolutionize the space sector with new exploration, technological demonstration and innovation programs that will impact many areas of knowledge.

Ignasi Ribas – Director at IEEC

El sector espacial es imprescindible para poder afrontar los retos climáticos, de conectividad y digitalización de sectores estratégicos para la economía.
Open Cosmos designs, builds and operates satellites that make such solutions possible. We want to collaborate with all those organizations that want to put their hardware into orbit, as well as those who want to sell data-based services and connectivity provided through our satellites.

Rafel Jordà – Founder & CEO at Open Cosmos

The New Space opens the way to a new technological era where access to space will be much cheaper and accessible for everyone.

Mireia Colina – Space Business Developer at GTD

Rokubun’s solutions are based on accurate and affordable navigation

Xavier Banqué – Co-Founder & CEO at Rokubun

We are at the point of Intersection between space and the Internet, where the new IOT Networks and 5G services will end up integrating with the services of the New Space environment.

Sergi Figuerola – CTIO at Fundació i2cat

With the emergence of the New Space, space activity no longer depends on large institutions and / or countries, but small companies can innovate and make their contribution to bring the services or resources that we can do in space or from space.

Adrià Argemí – Co-Founder & CEO at Pangea Aerospace

The New Space is part of the information age that is transforming humanity. Where the cables have not yet arrived, the satellites will arrive.

German Grimaldo – CTOO & Co-founder at Asgard Space

The race for the establishment of permanent and sustainable bases to the Moon and, later, to Mars is at the spearhead of the ‘new space’. Although it is still early to establish the economic impact that business cases can have and imagine, there are quite a few opportunities promoted by ESA and some states for academics and companies from all sectors that want to develop technologies to make it possible, especially cases with potential for application on Earth.

Guillem Anglada – Professor of Astrophysics at Queen Mary University (UK) and Researcher of Ramon y Cajal at IEEC

The endeavor of human exploration of Space, including long time settlements on Mars and Moon, will exponentially increase the needs for enabling technologies opening new horizons for multidisciplinary innovation and new opportunities for companies exploring cutting-edge technologies.

Francesc Godia – Professor at the Autonomous University of Barcelona (UAB) and director of the MELiSSA pilot plant