Copyright © 2017-18 Carpe Astra Ltd.
(Company No.9268818)

How Big is the Market?

Question: What is the current size, distribution and behaviour of the market you operate in?

The space sector is estimated as being worth around $350 billion per annum today, and related industries are expected to be a multi–trillion dollar industry within the next three decades. We believe our new technology should significantly increase the market, exceeding the lower end of expectations. The UK government is seeking to capture at least 10% of this worldwide market, per year, by 2030; which is currently estimated to be worth between 10 to 11 billion pounds per annum. Currently SpaceX is fulfilling a contract with NASA for $1.6 billion for 12 flights, each with a 6–ton payload per flight, which are uncrewed. SpaceX & ULA have crewed missions contracts for $2.6 and $4.2 billion. The United States have a contract with the Russian federal space agency for crewed flights to the International Space Station worth $490 million. Additionally, SpaceX have contracts worth $5 billion for future satellite launches into space. These are just a few examples of the existing markets; Euroconsult expects the launch market for the small satellites segment, of the market, to be worth $6 billion per annum by 2024.

Question: What market does the business operate in and who is the typical user or customer of the business?

The business will operate in the new space launch and travel sectors; additionally, with other space technology industries - which our technology will enable to become economically feasible.
Existing customers of the target markets today are governments, communication companies, military organisations, the space tourism sector, universities and the education sector; plus any company that wishes to put a satellite into orbit, for any reason. In addition, it could be viewed that all of our competition are part of our target market; as they will wish to use our new technology, to enable them to stay competitive.

Enabled future markets will be:–

The energy market is potentially huge, if we can bring down the cost of Space Based Solar Power to four United States cents or less, per kilowatt hour; which we think is feasible then at 2012 world energy use of 155,505 terawatt hours, if sold at 4¢ per kilowatt hour, that would be about $6.2 trillion per annum potential revenue stream with the by-product of also solving climate change. If we raise the standards of living of lowest, to the average of a high–tech economy; there could be easily an annual market of $20 Trillion+ per annum revenue without any population increase and without pollution.

Summary of sales

  1. Much cheaper space flights
  2. Safer space flights
  3. Mass space flights
  4. Large amounts of mass into space
  5. Increase potential world GDP i.e. larger economy base for the entire world expanding market.
  6. Eco-friendly
  7. Cheaper energy

This means:–

The top end of the market will be luxury space travel for people, satellites, off planet factories, space labs and off planet hotels etc. The bottom end of the market will be cheap weather experiments such as sample data gathering etc.

Question: What does the competitive landscape for the business look like? Do you have direct competition? Are you changing existing behaviours, if so what do people currently do rather than use your product or service?

The business is in an expanding market currently worth an estimated $350 billion plus per year, and is expected by industry experts to expand into a multi–trillion dollar industry over the next couple of decades.

The Companies and Countries currently in the market are:–

SpaceX, ULA, Roscosmos, China, Japan, India, Virgin Galactic, Skylon, Orbital ATK, Zero to Infinity and JP Aerospace; which we see as potential customers and not competitors. As our technology is of such a phase change, that to be able to continue to compete they would have to use our system or something like our system, with a very similar set of increased capabilities.