SpaceTec’s broad area of expertise is focused on space and its applications. Nevertheless, we believe in cross-fertilisation of industry’s best practices and our consultants have gained experience in other sectors as well.
Space and the 5G IoT value proposition
5G is expected to revolutionise the way we live by spurring countless new applications. Space has an invaluable role to play in the 5G ecosystem and its IoT value proposition. It offers ubiquitous connectivity and enhanced capacity with the help of satellite communication, accelerated deployment of 5G networks with the help of state-of-the-art geospatial data, and high-accuracy positioning with the help of GNSS.
The SpaceTec Curve
The SpaceTec Curve shows the current maturity of technologies relevant to the space industry with an estimation of the time needed to reach its full potential in the market.
Several of the technologies listed have been touted as game changers, however the market readiness for several technologies remains suspect.
How NewSpace changes the S-Curve of space ventures
The life cycles of technological innovations can be described using an ‘S-curve’ which maps the financial return of the technology over time. In the early stages, the technology is immature and requires investment to develop. Over time there is a positive return as the technology is adopted, before an eventual decline as the technology reaches its limits and becomes replaced by new technologies.