Phantom Space

Cost control is paramount to startup success and is true in profitable operations. CEOs must be ruthless, pursuing a balance between successful operations and finding the bare minimum costs to operate. Success is the reward. https://lnkd.in/gFnHyyUg

Space launch is the space industry's foundation; nothing goes into space without it. Demand still outstrips supply, and new suppliers will emerge. As launch supply proliferates, so will the number of satellites lined up to fill the rocket fairings. https://ow.ly/sR9650U8ESC

It's been said that the path to startup success is hard to predict. Never has this been more true than today. We wish our ABL friends success as they focus on missile defense. https://lnkd.in/gnv4PW4J

Space commerce is in its infancy, & many business verticals remain untapped. Basic infrastructure, including launch, remains scarce, leaving room for new suppliers & competitors. The future in space is one of the best economic promises of the past 100 years. https://ow.ly/hygw50U8EIJ

The space economy is still in its infancy. Room for competition remains among all verticals. Like the early auto industry, players will continually emerge and become mainstream, like SpaceX, & they will compete for a piece of a rapidly expanding economy. https://ow.ly/x9C450U8taN

Reusable launchers have revolutionized space access and shortened launch turnaround times. Reusability also solves many supply chain challenges of high launch rates by reducing demand for high -rate sub-system production. All future launch vehicles will eventually be reusable. https://lnkd.in/gbv7Jk3F

Mega constellations will proliferate as capital is raised and launch capacity increases. The future of the space industry is bright, and these constellations will have strong ripple effects on demand for satellites & launch. https://ow.ly/gwKB50U42Eh

As the ability to inexpensively place assets in space increases, so will the models that traditional terrestrial companies employ to derive value from those assets. Gradually, space will become part of the mainstream economy and imbedded into terrestrial life. https://ow.ly/rXYf50U42xv

Phantom Space is highly pleased to announce that Michael Solomon has taken the position of Executive Vice President and Chairman of the Advisory Board at Phantom Space. Michael's legendary career includes senior positions at Warner Bros., Lorimar, and Telepictures. Michael will employ his entertainment and executive management to fuel Phantom's growth in the space industry and begin building bridges between space and entertainment. Welcome Michael Solomon! https://lnkd.in/gqRpbXT5

Today is Veterans Day. We take this time to thank the men and women of our Armed Services for their sacrifices and the hardships to ensure the freedoms we enjoy today. A heartfelt thank you from all of us to all of you!