2018 - THE FUTURE OF THE SPACE INDUSTRY - 173 ESC 18 E fin

Jean-Marie BOCKEL (France)

The report focuses on the rapidly shifting parameters of global space markets. These were once dominated by large countries with important military and scientific space programmes. Commercial market players today, however, are no longer supplying governments with platforms to operate in space. Indeed companies themselves are increasingly involved in commissioning space flight.  Moreover, where government demand for these platforms once drove technological changes that engendered commercial spin-offs, now the commercial sector and particularly the high technology electronics sector is generating spin-in technologies that are found to have applications for space-oriented ventures.

These developments are explored in this report and mark a fundamental paradigm change in how societies and companies are organised for space flight, exploration, and commercialisation. The report also explores the security and military implications of these changes and the need enhance the legal regulatory frameworks governing the military and commercial use of space.