Periodic Reporting for period 1 - MPSAT (Multi-Payload satellite as an innovative service for technology experimentation in space)
Reporting period: 2014-10-01 to 2015-03-31
The main objective has been the development of a commercial business plan to evaluate its feasibility, including market analysis, competitors and potential customers study, service description, marketing plan, commercial actions, regulatory issues, stakeholders and risk analysis.
The main result achieved has been the Feasibility Report, which includes a preliminary business plan as a starting point for SME Instrument Phase 2 proposal.
The current European space industry is mainly composed by few big companies that represent the most of the business volume, where SMEs usually play a secondary role as specific component suppliers. Test in Space will definitely change the way to access to space, contributing to the creation of new entities focused on space activities which will provide innovative and competitive solutions as well as new business and investment opportunities. This scenario will assist to the European space industry to maintain its leading position among other emerging countries.
The annual turnover of the space sector in Spain approximately represents the 11% of the European space business volume, contributing with the 9% of the total employment. In Andalusia, only 35 companies are related to the space industry, with around 480 workers and a turnover below 20 M€.
Test in Space will boost the space sector in the region, contributing with a 5% employment growth of highly qualified personnel and a turnover around 10M€ in five years, representing the 50% of the total Andalusian space business volume. Test in Space will also promote the cooperation between different European countries through the space technology development, strengthening the private sector to conduct more space research at both national and European levels.