Space Commercialization Trends and Consequences for the Workforce

Details Space Commercialization Trends and Consequences for the Workforce Space Commercialization Trends and Consequences for the Workforce

Jan 2002

adsabs.harvard.edu/cgi-bin/nph-data_query?bibcode=2002iaf..confe.315p&link_type=abstract

IAF abstracts, 34th COSPAR Scientific Assembly, The Second World Space Congress, held 10-19 October, 2002 in Houston, TX, USA.,

Computer Science

Scientific paper

The major trend we are currently witnessing in space activities is an increasing level of commercialization. This trend is emphasized by: consolidation, mergers and forming strategic alliances. In USA, from the 20 major space companies in the 80's only 3 `prime' ones were left by 1997. A similar effect took place in Europe in the 90's, where at present only primarily 2 major space conglomerates are operating at prime contractor level. Such strategic alliances in the first place result in the creation of end-to-end capabilities, with larger internal R&D and broader access to technologies. Due to the bigger financial volume of such conglomerates there is also better access to new capital and sharing of risks. In a second step, we can at present observe the creation of transatlantic alliances to enter the worldwide market. These trends have a considerable effect on the workforce requirements in industry:

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