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Space Economy of the Future
The World Economic Forum–McKinsey knowledge collaboration on space economy of the future looks to accelerate the role of the space ecosystem in driving sustainability, security, and technological development on Earth.
Featured Insight
Article
The role of space in driving sustainability, security, and development on Earth
May 19, 2022
– A new report reveals five actions that leaders can take to contribute to economic development, advance global security and sustainability, and make space a safe and globally accessible domain.
Insights from industry leaders
Article
Making aerospace ‘diverse and dynamic’: An interview with Airbus U.S.’s Debra Facktor
March 22, 2022
– One of the highest-ranking female executives in the aerospace industry foresees a space economy—and a space workforce—that look very different from today’s.
Podcast
Laying the foundations for a space economy
September 27, 2022
– Space already plays a larger role in our lives than we realize, and it’s only going to grow as new technologies and innovations...
open up unimagined economic opportunities.
Podcast
Why on earth should business care about space?
October 7, 2022
– Two decades of technological innovation have unlocked a wealth of space-based opportunities for commercial entities to offer once-unimaginable...
services.
Podcast
Space: Building a digital infrastructure above the sky
August 31, 2022
– Venture capitalist Mark Boggett offers an investor’s view of the strides being made in space technology, its practical applications,...
and its potential impact.
The Next Normal
Collection
The Next Normal
– The future of space: It’s getting crowded out there
March 29, 2022
– Could you soon be taking trips to outer space? Some experts think so. Rocket launches have become much less expensive, so thousands...
more satellites—and many more people than ever before—can venture into orbit. But more objects in space also mean more space debris and higher risks of collisions. In this edition of
The Next Normal
, McKinsey experts and industry executives envision the space industry’s next decade.
Commentary
Wall Street to Mission Control: Can space tourism pay off?
May 12, 2021
– With the COVID-19 pandemic curtailing earthly travel, space tourism may seem like a far-fetched dream—but some companies are betting...
on high demand.
Insights on the Space Economy of the Future
Article
A different space race: Raising capital and accelerating growth
November 16, 2022
– As innovation accelerates within the space sector, companies may benefit by taking a disruptor’s mindset to accessing and...
deploying capital.
Article
Space around the globe
April 20, 2022
– The United States remains the epicenter of space activity, but many more countries are getting involved and increasing their investments.
Article
R&D for space: Who is actually funding it?
December 10, 2021
– Government still funds most space-sector R&D, but private companies have recently driven a notable uptick in overall investment.
Commentary
Expectations versus reality: Commercial satellite constellations
November 15, 2021
– Despite a steady, sizeable uptick in announced commercial constellations over the past few years, many constellation operators...
have yet to meet original ambitions.
Article
The potential of microgravity: How companies across sectors can venture into space
June 13, 2022
– Should you move your R&D and manufacturing into the ether? A new McKinsey analysis explores the opportunities.
Article
Space: Investment shifts from GEO to LEO and now beyond
January 27, 2022
– Investors have recently focused on space ventures in low-Earth orbit, but interest is growing in lunar and beyond orbital regimes....
Here’s what you need to know about this ongoing trend.
Article
Is there a ‘best’ owner of satellite internet?
August 11, 2022
– New satellite internet concepts are moving ahead. Are some types of companies better positioned to succeed in this growing market...
than others?
Article
Large LEO satellite constellations: Will it be different this time?
May 4, 2020
– New satellite constellations are on the cusp of deployment, but their long-term success hinges on substantial cost reductions.
Our people
Senior Partner, Miami
Ryan Brukardt
Partner, Chicago
Jesse Klempner
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