Industry Challenge: European Space Agency
Provide an innovative, upstream space business model that disrupts the old processes of value chains
Sometimes, a new business models drives the innovation more than a technology itself – think about how that could apply to the space industry.
For a long time, space business has been a market that was difficult to access, serving mainly civil institutional and defence needs. This is changing quickly because space assets are getting more and more viable to serve everyday needs of a very broad consumer base.
There are new ways of dealing with info-mobility, broadband, broadcasting, geo-references, commercial spaceflight etc., and there are business models such as for commercial launchers or initiatives such as “die Astronautin”,
looking for a female astronaut in a more unconventional way. It is therefore crucial to give access to space to everyone, the space user’s participation as “supplier” will become more and more important.
The challenge is to provide an innovative, upstream space business model that disrupts the old processes of value chains, production procedures, payment models for various parts of a space mission, etc.; from mission design to manufacturing of the space object/payload (human payloads are welcome!), to launching and space operations or cooperation with small/medium sized enterprises or industry associations.
Good examples for disrupting common business models are Uber for transportation, AirBnB for accommodation, Apple for music – what is your idea for a business model that is ready to shake the space industry?
Think about a disruptive new business model shaking up the space industry as it used to be, and not only the technology!
Investment Readiness Training on 2-3 June, 2016 in Den Haag.