The Space Industry of the Future consists of the first instance of
guidance for the space industry on how value creation in space can occur
for the greater benefit of humanity using principles of capitalism and
sustainability. The timing of this book is ideal given (1)
sustainability challenges facing humanity and (2) that the growth of the
commercial space economy is now occurring at a rate never seen before.
This book presents an opportune guide written for technical, business,
and policy practitioners alike that frames how this industry growth
should occur from an integrated values and commercial perspective. This
perspective is presented in the context of the modern technical
capabilities of space systems relative to the world's greatest problems.
The guidance contained in this book for the growing commercial space
industry includes considerations beyond profit seeking alone. This
guidance is founded on a bespoke value creation criteria to apply in the
context of for-profit outer space activities that, if used, will result
in the maximum value creation that a company is capable of. The criteria
are developed and presented through a rigorous discussion on capitalism,
economics, value theory, the circular economy, stakeholder management,
and ethics. The value creation criteria are then discussed at length in
relation to the space industry.
The primary audience for this book is practitioners within the space
industry; this includes investors, business managers, policy makers,
engineers, and scientists. The secondary audience includes students and
researchers, as well as a growing range of parties interested in space
policy and entrepreneurship.
