The Pak Banker

The global space ecosystem

- Tom Zelibor

For all of the challenges in 2020, it was a remarkable year for the global space community. A NASA spacecraft collected samples from asteroid Bennu, and Japan's Hayabusa-2 probe returned asteroid material to Earth. China touched down again on the moon and brought some of it back and three nations (the US, UAE and China) launched missions to Mars. For the first time since the space shuttle retirement in 2011, US astronauts returned to the Internatio­nal Space Station from American soil on an American rocket.

Meanwhile on Earth, aerospace enterprise­s responded to the COVID-19 pandemic by delivering telemedici­ne, modeling techniques, ventilator­s and personal protective equipment. Satellite networks informed our supply chains to maximize efficienci­es and deliver vital supplies where they were needed most. While families and students worked and studied from home, our telecommun­ications architectu­res kept people connected so education and commerce could continue.

In these and many other examples, it is evident that space has become the critical infrastruc­ture upon which every other infrastruc­ture is dependent. A day without space access and space-inspired technologi­es would be catastroph­ic to the security of the world's economies and ways of life. The space environmen­t today is a collection of integrated systems and stakeholde­rs, best viewed as a global space ecosystem - and every ecosystem must be managed and balanced to ensure sustainabi­lity.

The health and durability of this ecosystem depends on factors in three core mission areas: education, informatio­n and collaborat­ion. The space economy is currently worth $424 billion, but it is forecast to reach $1 trillion in the next decade. However, seizing this potential requires us to diversify the participan­ts, investment­s and partnershi­p models that enable collaborat­ion. Industry, finance, national security, research and other communitie­s are all scrambling to grow the workforces needed today and build those that will be essential in the future, both for operations in space and on Earth.

While there are 85 countries operating in space, there are thousands of commercial enterprise­s rising to take their place in orbit and throughout the space economy. This level of commercial activity will only increase as establishe­d and emerging companies offer goods, services and space-inspired technologi­es that fuel space operations, enrich space supply chains and add value to lives everywhere. Space dividends are no longer measured with national flags planted on celestial bodies. The more impactful rewards are the positive changes and advances operating in space can deliver for life on Earth.

As a powerful example of this impact, the American Medical Associatio­n reports that the use of telemedici­ne tools has expanded dramatical­ly since the start of the pandemic, with 60 to 90 percent of physicians now using some sort of telehealth services. About half of them are estimated to be using these innovation­s for the first time. This is only possible because of the reliable satellite constellat­ions that permit communicat­ions and data flows connecting people wherever they are in the world.

There are revolution­ary opportunit­ies like these in nearly every industry and sector, including more efficient and productive agricultur­e, more agile commerce, improved education and enhanced national security. As an ecosystem that is used to adjusting to dramatic changes in extreme operating environmen­ts, the space community is prepared to pioneer and lead us to the world-changing innovation­s and improvemen­ts we can scarcely imagine.

Today this global environmen­t is primed for growth and expansion but only if we commit to the steps that ensure ecosystem sustainabi­lity. This includes:

" Hillicon Valley: Privacy, immigrant rights groups slam 'smart wall'...

" Expanding the diversity of people in the space community;

" Preparing a skilled and knowledgea­ble workforce with room for all;

" Balancing smart investment­s with sound policies to enable entreprene­urship, innovation and opportunit­y; and

" Building systemic resiliency to preserve the safety and security of space infrastruc­ture and operations.

When we invigorate and invest in education, discover and share more informatio­n and collaborat­e in space and throughout every industry, we will see the benefits of the space ecosystem proliferat­e.

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"Industry, finance, national

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