Satellite Bulletin - December 2016: Goodbye Mercury 7 – Looking Forward to 2017

21 December 2016

The last of the Mercury 7 astronauts, John Glenn,died on 8 December. He will always be remembered as the first American to orbit the Earth during the new, challenging and dramatic days of the early 1960s when people were beginning to venture into space. He generated inspiration, determination, patriotism, faith and belief in innovation and technology. His determination was even more inspiring when in 1998 he returned to orbit when 77 years old on space shuttle Discovery (Mission STS 95) - the last flight before the International Space Station was built.

From 1962 to 2016

As in 1962, the space sector in 2016 stimulates ambition in school children, encourages international cooperation and is a catalyst for scientific and engineering engagement.

The space sector in 2016 also inspires entrepreneurs, brings global connectivity and offers public services virtually world-wide and generates solutions to human challenges. In 2016, the space industry is no longer a quiet success story; the man on the Clapham omnibus now realises that his communications, banking services, GPS, weather forecasts and entertainment are driven by satellites. The finance world recognise that the space industry can generate valuable returns and we appreciate the value of the space industry in creating growth and employment.

2017 onwards

As 2017 dawns, the space industry faces several new challenges, which also bring opportunities: mega constellations; high-throughput satellites; low cost access to space; sustainable access to spectrum; access to finance for innovative technologies; and many more.

One important challenge which must be addressed to ensure the continued growth of the industry is to reach out to other sectors to demonstrate the value of space technology, data, services and applications to them; sectors such as telemedicine; energy; mining; finance; insurance; shipping etc etc. Praise is due to the Satellite Applications Catapult for leading that charge.

2017 is the 60th anniversary of the launch of the first satellite - Sputnik. A year to look back and appreciate what the sector has achieved, further stimulate the growing space-enabled economy into other sectors and inspire more children to take up science, engineering and dream of being the next John Glenn.

Lets look forward to the next 60 years...

"Godspeed John Glenn".

Best wishes for the season and 2017

If you have any queries or would like to receive more information please contact:

Joanne Wheeler
Partner, UK
Tel: +44 20 7415 6000
joanne.wheeler@twobirds.com
 
 
 
 
 
 
 
 

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Authors

Hamish Fraser

Partner
Australia

Call me on: +61 2 9226 9888
Anne Federle

Anne Federle

Partner, Brussels
Belgium/Germany

Call me on: +32 (0)2 282 6000
Michelle Chan

Michelle Chan

Partner
China and Hong Kong

Call me on: +852 2248 6000
Jenni Tapio

Jenni Tapio

Associate
Finland

Call me on: +358 (0)9 622 6670
Dupuis-Toubol-Frédérique

Frédérique Dupuis-Toubol

Partner & Executive Director
France/UK

Call me on: +33 (0)1 42 68 6000
Heun-Sven-Erik

Sven-Erik Heun

Partner, Head of Country
Germany

Call me on: +49 (0)69 74222 6000
Image of Marjolein Geus

Marjolein Geus

Partner
Netherlands

Call me on: +31 (0)70 353 8800
Maguire-Graeme

Graeme Maguire

Partner, Global Head of Tech & Comms
UK

Call me on: +44 (0)20 7415 6000