New Space Economy

What it is about

You will learn the development and current structure of the space economy, distinguish New Space from traditional spaceflight and analyze the value chain. In the end you can analyze New Space companies using a six-element framework (product, process, technology, business model, financing, stakeholders) and identify opportunities for innovation.

What you will be able to do

• Basic knowledge about the history and development of the space sector
• Identify and analyze key components of the value chain in the space sector
• Understand essential innovations in technology, product, service and business model
• Position and analyze New Space economically and technically
• Understand applications of New Space technologies in commercial areas
• Recognize differences between New Space and traditional spaceflight
• Identify and quantify innovation potentials and market opportunities for space activities

What the module consists of

• VorlesungIntroduction to the core topics of the module
• Fallstudien-SitzungenDiscussion and analysis of case studies, main part of the instruction
• GruppenarbeitDevelopment of an own case study on a New Space company
• Gastvorträge (optional)Insights from practitioners, depending on availability

Teaching method

• Kerneinführungen / LecturesConveying the fundamental topics
• Fallstudien-DiskussionenFosters critical thinking, peer exchange and presentation skills
• Gruppenarbeit mit eigener FallstudieApplication of the six-element framework to real companies
• Vorbereitung durch bereitgestellte MaterialienEnsures students participate actively and are prepared for discussions