Commercialization will, without a doubt, add a breath of fresh air into space. With more innovation and well planned strategy, we can build on the current momentum to move towards a new space industry that will be fully autonomous and self-sufficient. Although we may still have many years ahead of us before this can be fully realized, the opportunities and possibilities of such an industry will be out of this world when it becomes a reality.
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Article originally published on: https://graylinegroup.com/building-infrastructure-for-the-space-industry-with-new-rocket-companies/
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Joseph Kopser of Grayline Group is host of Catalyst TALKS. A series of live, interactive interviews with thought leaders, subject matter experts and operators with first hand experience in the skills needed to lead the workplace in a changing world. His talks focus on the technology, agility, leadership, knowledge, and strategy needed to build teams in a changing world. Joseph is also co-founder of the non-profit USTomorrow focused on workforce readiness. Joseph’s focus is to help people adapt to the changing future of work.
Grayline Group knows that technology is changing faster than business models, and globalization has magnified the threat surface for companies, investors, and governments. Change creates opportunity and risk. It requires the skills of new leadership and strategy in the workplace.
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2. Overview
Commercialization will, without a doubt, add a breath of fresh air into
space.
With more innovation and well planned strategy, we can build on the
current momentum to move towards a new space industry that will be fully
autonomous and self-sufficient.
Although we may still have many years ahead of us before this can be
fully realized, the opportunities and possibilities of such an industry will be
out of this world when it becomes a reality.
Joseph Kopser02
3. THE FUTURE OF SPACE
Private space flight
The case for a commercial space
New world, new markets
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Joseph Kopser
4. Private Space Flight
SPACEX CREW DRAGON: A NEW MILESTONE
The recent exploits of SpaceX Crew Dragon bring us closer
to space commercialization.
2014 contract between SpaceX and Boeing developed test
commercial crew vehicles for initial flights to the Int'l Space
Station.
Years of back and forth challenges led Elon Musk to build
SpaceX Dragon's Falcon 9, launched on May 30, 2020.
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5. The Case for a Commercial Space
The space industry will evolve from being government-backed to
funded by private enterprises and investors.
The gov't now hires companies (Boeing, SpaceX, etc.) to
contract services and functions to commercial establishments.
NASA has already started handing off responsibilities to outside
companies signaling the beginning of this change.
Joseph Kopser
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SPACEX DRAGON'S FLACON 9 WAS A TURNING POINT FOR SPACE
COMMERCIALIZATION AND PRIVATE COMPANIES
6. New World, New Markets
Transportation
Communication
Human factors
Supply chains
Energy
Just like the internet 30 years ago, private investing in a
previously gov't owned/ controlled entity may seem risky to
some.
There are areas of opportunity for investment in several
infrastructure projects:
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7. We founded SpaceFund to both support and profit from this
revolution. You may have even heard me talk about what is
happening in terms of it being ‘the day before the internet.’
It is now dawn. And what will happen as this new day for
space unfolds will be ever more exciting.
-Rick Tumlinson, founding partner of SpaceFund
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Joseph Kopser
8. Joseph Kopser is a serial entrepreneur and expert in energy and
national security issues. Currently he serves as an Executive-in-
Residence at the McCombs School of Business at the University of
Texas. In addition, he is President of Grayline after he co-founded and
served as CEO of RideScout before it was acquired by Mercedes.
He served in the U.S. Army for 20 years earning the Combat Action
Badge, Army Ranger Tab and Bronze Star.
He is a graduate of West Point with a BS in Aerospace Engineering
and also received a Masters from the Harvard Kennedy School.
In 2013, he was recognized as a White House Champion of Change for
his efforts in Energy and Transportation. In 2014, RideScout, won the
U.S. DOT Data Innovation Award and co-authored the book, Catalyst.
He is the Chairman of the Board of Advisors for the CleanTX
Foundation, an economic development and professional association
for cleantech. Joseph is also co-founder of the non-profit
USTomorrow focused on workforce readiness. Joseph’s focus is to
help people adapt to the changing future of work.
Joseph Kopser, President - Grayline Group
Joseph Kopser