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BBCNEWS Talking Business June 4, 2024 16:36:00

Without the timing piece, ourfinancial markets wouldnt work. so, space technologies are foundational. and, chad, youre invested in elon musk�*s spacex, but im just wondering, how important is it — and its rivals, like rocket lab and jeff bezos�*s blue origin — how important are those companies in fuelling the space economy into the future? the only reason that were speaking about space as an investment category today is because of spacex. a little over ten years ago, before their first c...
Space X Elon Musk Chad Anderson Space Technologies Timing Piece Ourfinancial Markets Wouldn T Work

BBCNEWS Talking Business June 4, 2024 16:33:00

But over the last four years, thats mainly been thanks to just two companies — oneweb and elon musk�*s starlink. none of them would be able to get there, of course, without the rockets that companies like rocket lab and spacex are developing. rivals such asjeff bezos�*s blue origin and richard bransons virgin galactic are also pouring billions into getting into orbit, to the moon and beyond — yeah, to mars. a lot of the money, its coming from the us space agency nasa, which recently awar...
Rocket Lab Space X Blue Origin Elon Musk Wasjeff Bezos Companies Oneweb

BBCNEWS Talking Business June 4, 2024 16:47:00

First of all, you can share cost. and its notjust that were doing it with the private sector. were doing it with the international community as well. so, for example, we go back to the moon after a half century, were going back not only with our commercial partners but with our international partners. but another reason to bring in outside people is the creativity of entrepreneurs in the private sector. and that has certainly borne out, as we have seen with spacex, the commercial crew to our int...
Space X Space Station Rocket Lab

BBCNEWS Talking Business June 4, 2024 23:33:00

..although not without technology that was developed by private companies at the height of the space race with the soviet union. and over the years, that space race has yielded all sorts of innovations that have become part of our everyday lives. camera phones, sneakers, baby formula and prosthetic limbs all owe at least some of their development to space exploration. and its likely therell be plenty more of that innovation in the years ahead. some of the biggest rivals for those private compani...
Space Race Camera Phones Soviet Union Space Exploration Baby Formula Deep Pocketed

BBCNEWS Talking Business June 4, 2024 23:35:00

How important is it — and its rivals, like rocket lab and jeff bezos�*s blue 0rigin — how important are those companies in fuelling the space economy into the future? the only reason that were speaking about space as an investment category today is because of spacex. a little over ten years ago, before their first commercial flight, the entire market was really government—dominated. they reduced the barriers to entry and they brought the cost of accessing orbit way down and brought trans...
Space Economy Rocket Lab Space X Blue 0rigin Jeff Bezos Barriers To Entry

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BBCNEWS Talking Business June 4, 2024 23:40:00

About rocket lab is we cover all of the spectrum, basically. so we build rockets. and i think were most famously known for our electron launch vehicle, which is a small, dedicated launch vehicle. its currently the second most frequently launched rocket behind ourfriends over at spacex, behind the falcon 9. but we also built a complete spacecraft. and we had a mission recently last year where we flew the first artemis mission, vanessa, to the moon, the capstone mission. were building two spacecra...
Rocket Lab Electron Launch Vehicle Launch Vehicle Capstone Mission Ourfriends Over At Spacex Falcon 9

BBCNEWS Talking Business June 4, 2024 23:47:00

Well, certainly the incentive for them to start their work was government payments and investment. for example, the whole commercialjet airline — what do you think it was developed for? it was originally developed for the us military after world war ii. look at what jet airplanes do in the commercial sector today. so sometimes theres seed money, theres incentive money to start in the commercial sector. and, bill, at nasa, youve given billions of dollars to spacex, to blue origin and to boeing ...
Space Agency Commercialjet Airline World War Ii Incentive Money Seed Money Jet Airplanes

BBCNEWS Talking Business June 4, 2024 23:46:00

Partners but with our international partners. but another reason to bring in outside people is the creativity of entrepreneurs in the private sector. and that has certainly borne out, as we have seen with spacex, the commercial crew to our international space station, to and from the station, also other companies with regard to commercial cargo. and, bill, when it comes to the private sector, there are really just two companies that have proven technology to launch rockets. you mentioned space x...
Space X Space Station Rocket Lab Space Agency Public Sector 0 Billion

BBCNEWS Talking Business June 4, 2024 23:37:00

Have grown incredibly fast over the last few years and are starting to play an increasingly important role in their select market verticals. well, on that point, chad anderson, a real pleasure having you on the show. good luck with everything and ill check in with you soon. thank you. now dishwasher engineer to self—taught rocket guru. it might sound like, well, the stuff of science fiction, but its actually the reality for one of the men whose rockets are helping the next great space age take...
Chad Anderson Market Verticals Dishwasher Engineer Space Age Rocket Guru Science Fiction

BBCNEWS Talking Business June 4, 2024 23:31:00

And then, of course, theres the fun of it all as well. a growing number of wealthy people are booking tickets just to have a view of the planet from above. it all means that the space economy is really taking off. the space economy is worth about $340 billion, but by 2040, thatll grow to $1 trillion — although a lot of this is because of things like new satellite—based data services. and then theres been a big jump in satellites in orbit. the european space agency says that more than 15,000 ...
Space Economy Data Services European Space Agency 1 Trillion 40 Billion 340 Billion

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