Space Summit 2020

Space Summit 2020 Space Summit 2020
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  • Updated on 2020-01-12 08:17:00

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When the startling, unfathomable images of the black hole at the heart of Messier 87 captured imaginations around the world in April 2019, it showed that the far reaches of the universe continue to fascinate. At the same time, the practical and commercial opportunities in space are a lot closer to home than we think. As space infrastructure becomes cheaper and more accessible, low Earth orbit is getting crowded. A growing number of start-ups and businesses want a piece of sky, highlighting a generational shift in today’s space race. Companies, from transport and mining to aerospace and logistics, need investment, they need tools and they need a framework suited to a world in which space is accessible to far more players than used to be the case. How education systems adapt to the increased commercialisation of space, and how the benefits are understood and communicated to end-users back here on Earth, will also determine the demand for the products of the space economy and the pace of innovation.

 

In today’s new space race, Australia also wants in. The country has natural advantages in Earth observation and a strong capacity to innovate, as demonstrated by a growing number of space entrepreneurs taking to the skies there. The young Australian Space Agency is adopting a global mindset and is working to grow the space market and support the use of space across the broader economy.

The Space Summit will pick up the global conversation from last year’s event in New York and bring it to Australia. It will convene leading players from the private sector, government, civil society and academia to discuss the next steps for the space economy. Who are the most relevant and influential players? How can businesses finance the commercialisation of low Earth orbit, and what are the benefits to human well-being? How far are we from living and working in space? How will geopolitical stand-offs on Earth play out in space? And how can wonder and profit coexist as we continue to explore what space has to offer?