🚀 What are you most curious about in the growing #space economy? ICYMI - Public Live host @kinsey sat down with @chrisdaehnick and @jessharrington of McKinsey’s aerospace and defense team as they offered an outlook on the growing space economy. Listen to the recording (link in the comments) and check out the #PublicLiveHighlights below 👇🏽 Show Highlights 🚀 Public companies are increasingly building in the space economy, providing investors with more opportunities to own a piece of businesses that could benefit from the growing number of use-cases for space technology. 🚀 @jessharrington believes the most competitive space companies address a near-term market need without sacrificing loftier, longer-term innovation. 🚀 What does it take to lead a successful business in the space economy? @chrisdaehnick says CEOs require visionary thinking as well as pragmatism, e.g. executives “who are actually grounded in the market.” 🚀 How does space technology impact life on Earth? Emerging use-cases include: improved global Internet connection, more accurate systems for weather prediction, and satellite photography. 🚀 @chrisdaehnick believes that consumer space tourism and transportation will be niche experiences, due to the energy levels required to launch rockets and lack of financial accessibility. 🚀 As satellite production increases, space debris will become an important problem to solve. Avoiding collisions requires large-scale cooperation and technological solutions that are actively being worked on by satellite tech players. 🚀 Government contracts are shifting to new entrants that can build products quickly and at an efficient cost. These entities partner with the private sector via leasing or subscription models. 🚀 @chrisdaehnick says that the space industry today feels “qualitatively different” than in the Apollo era, when space competition was between governments. Today’s space competition involves more entrepreneurship, and he’s optimistic about the unexpected and creative use cases to come. **This content is for informational purposes and is not investment advice. Investing involves risk of loss. #PublicLive #PublicLiveReplay #SpaceEconomy #viewsfromspace