Solar Storm Risks, Space Domain Strategies, Upcoming Events and More!
Welcome to the sixth edition of The Vector newsletter, a quarterly roundup of content, resources, and insights for the global space ecosystem brought to you by Space Foundation’s Space Commerce Institute. Read on for the following highlights:?
The Space Report (Q3 2024)?
The Space Report Q3 2024 highlights significant growth in Europe’s private sector space employment, a strong push for commercial space stations, and the U.S. Space Force surpassing its Guardian recruiting goals for FY 2024.?
Over the past decade, Europe’s private space workforce grew 66%, with France, the U.K., and Germany showing notable increases, while the U.S. space workforce expanded by over 21,000 from 2022 to 2023. As preparations for the International Space Station’s planned deorbit in 2031 continue, four commercial space stations are in development, signaling a new era for low Earth orbit. The U.S. Space Force enlisted 716 Guardians in FY 2024, exceeding its goal of 659 recruits, distinguishing itself amid recruitment challenges faced by other military branches. The report also details NASA’s Europa Clipper mission, set to explore Jupiter’s moon Europa, aiming to study its icy shell, ocean composition, and potential to support life.?
COMING SOON
All the end-of-year space analysis you need will be in January’s edition of The Space Report. Launch. Payload. Stock market performance of key space companies. You’ll find it in the 2024 Q4 edition of The Space Report!
Exciting News for Our Vector Subscribers!?As a valued member of our community, you’re invited to access an?exclusive white paper?from The Space Report,?Discover the Risks Behind the Beauty of Solar Storms.
Captivating lights from the Aurora Borealis are becoming a regular fixture in the night skies. Behind that beauty, however, are peak solar storms that can disrupt satellites and damage terrestrial infrastructure. The Space Report’s newest white paper explores the heightened solar cycle, the potential risks from them, and details of current and planned science missions that will improve space weather forecasting. Don’t miss out — see below to unlock this special resource.?Download The Exclusive White Paper.
Now Available: The Vector Episode 21
How do we protect critical assets in space??
Listen to Episode 21 of the Vector with Lt? Gen John Shaw, USSF (Ret). He shares his views into the vital role of Space Domain Awareness in national security and explores threats, strategies for safeguarding the space environment, and the evolving landscape of the space defense sector.??Watch Video | Spotify | Apple Podcasts
Stay Connected with The Vector Podcast!
Don’t miss out on the latest updates from the space ecosystem. By subscribing to The Vector Podcast, you’ll gain access to in-depth conversations with thought leaders who are shaping the future of space, entrepreneurship, and innovation. Share your thoughts on topics you would like us to cover, and join a community dedicated to the future of space. Subscribe Today!
Exclusive from IAC 2024?
This year's International Astronautical Congress (IAC) 2024 brought together leaders and visionaries from across the globe to advance the future of space.?
With the theme "Responsible Space for Sustainability," IAC 2024 emphasized the importance of space as an environment that must be kept secure and open to exploration, peaceful use, and international cooperation.
As part of Space Foundation's delegation,?Kelli Kedis Ogborn, Vice President of Space Commerce and Entrepreneurship, contributed her expertise with a presentation and white paper titled “The Golden Triad: Risk, Investment, and Market Hype in the Space Sector."?Kelli's paper offers a deep dive into accounting for and solving for risk and market hype when investing in the space sector.?
As a valued subscriber to The Vector Newsletter, the white paper is available for download below. Download IAC Paper.
How Nations Can Thrive in the Space Economy??
In a compelling article co-authored by Kelli Kedis Ogborn, Vice President of Space Commerce and Entrepreneurship at Space Foundation, and Kevin O’Connell, former Director of the Office of Space Commerce, they discuss strategies for countries to boost their involvement in the rapidly growing space economy.
The article, "How Countries Can Increase Their Participation in the Global Space Economy," explores key approaches for nations to capitalize on space-related opportunities and expand their economic impact.?
From developing national policies to fostering international partnerships, Kelli and Kevin provide advice into how both emerging and established space nations can thrive in this evolving ecosystem. Don’t miss the chance to read this thought-provoking piece and discover how these strategies can shape the future of global space commerce.?Read The Full Article Here.
Innovate Space: Finance Forum?
Innovate Space: Finance Forum offers an unparalleled opportunity to shape the sector’s next wave of expansion.
This forum is a unique platform to discover new funding opportunities, explore innovative technologies, and establish strategic alliances critical to the future of the space economy. Attendees will include top executives from across the space industry, influential government leaders, international financiers, sovereign wealth funds, institutional investors, private equity firms, venture capitalists, and family offices. Together, participants will engage in insightful discussions, cultivate strategic partnerships, advance public-private cooperation, and promote international collaboration essential to driving growth in the sector.??
Don’t miss your chance to be at the forefront of space industry evolution — connect, innovate, and propel the space economy forward!?Register Now.
Space Foundation's 40th Space Symposium?
Join Us for One of the Most Anticipated Events in the Space Industry!?
Space Foundation’s?40th Space Symposium?is just around the corner, the premier event uniting global space professionals from all sectors, providing a unique platform to explore critical space issues, foster dialogue, and drive innovation across the space industry. For 39 years, the worldwide space industry has gathered in Colorado Springs welcoming military, industry, commercial, and government attendees like no other event on the planet.?
Date:?April 7-10, 2025?
Location:?The Broadmoor, Colorado Springs?
Attendees can expect:?
Don’t miss your chance to be part of this premier space event!?Register Now.
Discover How Space Commerce Institute Can Support You?
Space Commerce Institute is here to be your strategic partner in navigating the space industry. With our extensive expertise, robust research capabilities, and strong industry connections, we provide tailored guidance to help you achieve your space-related objectives. Let us put our experience to work for you — from shaping strategic plans to accessing valuable insights and connections.?
Now is the perfect time to turn your space ambitions into reality.?Schedule a call with our team today, and let’s explore how we can support your journey!?
The Vector is a product of Space Commerce Institute, a department of Space Foundation.
Space Foundation's four decades of advocacy for the global space community allows Space Commerce Institute to provide accessible, actionable, and tangible programming that facilitates growth into and within the evolving space ecosystem. Learn more.
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