MGT-462: New space economy

Summary

This course will teach students the major trends and characteristics of the space economy. We will examine key business models that use space technologies, including those that benefit from use cases right here on Earth. As a final project, students will elaborate and present their own business idea

Official source

https://edu.epfl.ch/coursebook/en/new-space-economy-MGT-462

Moodle Page

http://go.epfl.ch/MGT-462

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Related concepts (62)

Related courses (2)

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Project

A project is any undertaking, carried out individually or collaboratively and possibly involving research or design, that is carefully planned to achieve a particular goal. An alternative view sees a project managerially as a sequence of events: a "set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations". A project may be a temporary (rather than a permanent) social system (work system), possibly staffed by teams (within or across organizations) to accomplish particular tasks under time constraints.

Space manufacturing

Space manufacturing is the production of tangible goods beyond Earth. Since most production capabilities are limited to low Earth orbit, the term in-orbit manufacturing is also frequently used. There are several rationales supporting in-space manufacturing: The space environment, in particular the effects of microgravity and vacuum, enable the research of and production of goods that could otherwise not be manufactured on Earth.

Sustainable design

Environmentally sustainable design (also called environmentally conscious design, eco-design, etc.) is the philosophy of designing physical objects, the built environment, and services to comply with the principles of ecological sustainability and also aimed at improving the health and comfort of occupants in a building. Sustainable design seeks to reduce negative impacts on the environment, the health and well-being of building occupants, thereby improving building performance.

Project manager

A project manager is a professional in the field of project management. Project managers have the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a defined finish; regardless of industry. Project managers are first point of contact for any issues or discrepancies arising from within the heads of various departments in an organization before the problem escalates to higher authorities, as project representative.

Commercial use of space

Commercial use of space is the provision of goods or services of commercial value by using equipment sent into Earth orbit or outer space. This phenomenon – aka Space Economy (or New Space Economy) – is accelerating cross-sector innovation processes combining the most advanced space and digital technologies to develop a broad portfolio of space-based services.