The Space Industry of the Future

The Future of the Space Industry consists of the first instance of guidance for the space industry on how value creation in space can occur for the greater benefit of humanity using principles of capitalism and sustainability.

Autorentext

Mark McElroy has been working for NASA at the Johnson Space Center in Houston, TX for five years. He has a PhD in Aerospace Engineering and a total of 15 years of work experience. At NASA, Dr. McElroy works as a structures and fracture control system manager in human spaceflight programs including the Orion space exploration vehicle, the Deep Space Gateway lunar space station, and the next-generation space suit. Preceding Dr. McElroy's role in human spaceflight projects, he worked at NASA Langley Research Center studying composite materials for aerospace applications. Through Dr. McElroy's tenure at NASA, he has gained a broad exposure to the space industry in both the United States and Europe offering a thorough vantage point on how a diverse set of modern space companies operate, manage projects, innovate, and create value. To date, Dr. McElroy has published seven peer-reviewed articles, seven conference papers, one US Patent, and has numerous uncredited contributions to NASA technical standards.

Inhalt

Preface *Introduction* Unique Value from Space Systems Space Industry Commercialization: A Brief Introduction The Space Industry Today What Should be Done in Space? Capitalism Today Capitalism + Space: Next Steps Look Ahead * Capitalism* Capitalism: The Basics History of Capitalism

Merchant Trade Caravans

Industrialization

Shareholder Primacy

History of Capitalism: Reflecting on the Space Industry Externalization The Future of Capitalism

Building Momentum

Business as a Solution

Stakeholder Management

Circular Economy * Value Creation* History of Value Theory Building on Multiple Value Perspectives Intrinsic Value Intrinsic vs. Instrumental Goodness Intrinsic Value in Practice * Stakeholder Intrinsic Value* Degrees of Stakeholder Intrinsic Value Role of Profitability and Stakeholders Stakeholder Intrinsic Value: Defined Stakeholder Intrinsic Value Creation in Space

Remote Sensing, Telecommunications, and GNSS for Value Creation

Increasing Value Creation in Space

Spin-off Technology * Commercialization of Space Systems* Government vs. Commercial Commercialization Criteria Excludability and Rivalry of Space Industry Activities Commercialization of Mir, the Space Shuttle, and the International Space Station Commercialization (or not) of Remote Sensing Data

Commercialization of Meteorological Data

Commercialization of Climate Data

Remote Sensing Commercialization Case Study: Landsat

Commercialization of Remote Sensing Data: Summary Commercialization of Telecommunications Data Commercialization of Space Systems: Closing Remarks * Sustainability in the Space Industry* Defining Sustainability for the Space Industry Sustainability of Space Industry Activities on Earth

Space Hardware Production Environmental Impacts: An Overview

Life Cycle Assessment Overview

Life Cycle Assessments in the Space Industry

Environmental Impacts from the Space Industry

Sustainability of Space Industry Activities on Earth: Summary Sustainability of Space Industry Activities in Orbit

More Spacecraft Than Ever

Space Debris: The Problem

Space Debris: Mitigations

Other Space Debris Mitigation Approaches

Radiofrequency Allocation

Sustainability of Space Industry Activities in Orbit: Summary Sustainability Solutions for Humanity Supported by the Space Industry

UN Sustainable Development Goals: Introduction

SDGs and Stakeholder Intrinsic Value

SDG 1: No Poverty

SDG 2: Zero-Hunger

SDG 3: Good Health and Well Being

SDG 4: Quality Education

SDG 5: Gender Equality

SDG 6: Clean Water and Sanitation

SDG 7: Affordable and Clean Energy

SDG 8: Decent Work and Economic Growth

SDG 9: Industry, Innovation and Infrastructure

SDG 10: Reduced Inequalities

SDG 11: Sustainable Cities and Communities

SDG 12: Responsible Consumption and Production

SDG 13: Climate Action

SDG 14: Life Below Water

SDG 15: Life on Land

SDG 16: Peace, Justice, and Strong Institutions

SDG 17: Partnerships * The Business of Human Space Exploration* Why Should Humans go to Space? Space Tourism Space Resources Deep Space Cargo and Telecommunications Services Commercial Human Space Exploration? Stakeholder Intrinsic Value Criteria in Deep Space Harmony of the Space Economy in Deep Space

Space Environments with Instrumental Value

Space Environments with the Potential for Life

Space Environments Devoid of Life and Instrumental Value

Space Environments Devoid of Everything

Deep Space Sustainability: In Conclusion * Maximum Value Creation in Space: Some Answers* * Conclusions* Achieving Maximum Value Creation in the Space Industry: A Recap Closing Remarks * Bibliography*