The New Space Economy

This book offers the first systematic, multidisciplinary treatment aimed at providing the most rigorous and systematic analysis possible to help the reader understand what New Space really is and how it is the combination of six fundamental and interdependent elements. These are innovation in the area of product (what is built in New Space), in process (how it is built), in technology (how technological innovation is approached), in new business models, in financing (and how new financing models influence the design and architecture of new projects), and ultimately in the governance of stakeholders interested in the products and services developed by the New Space industry. This book also describes new mission concepts introduced by New Space, as well as the new skills needed to develop the industry, and the new challenges arising from technological innovation and a changing institutional and industrial landscape. This book is aimed at a broad audience that includes professionals from technical, business, and financial backgrounds (including, for example, investors interested in investing in the space sector) who are interested in deepening their understanding of New Space and how space can be an important driver of innovation for their business.