Space Technology & Commerce Practice

The Space Economy is expected to experience a CAGR between 18 and 20% over the next ten years.

The business opportunity in space technology and commerce will outpace and eclipse the growth we saw in the early days of the Internet becoming a growth opportunity for companies in communications, security, environmental monitoring, networking, entertainment and defense. As the networks of the earth are connected to the networks in space, this global communications revolution will make it possible to locate or communicate with any person or object anywhere on earth or beyond.

NASA has been shifting its focus in recent years in support of a public-private partnership model that fosters increased collaboration with commercial enterprise. According to NASA Administrator Charlie Bolden, “the United States and its partners in other nations, in industry, and in academia will pursue a more sustainable and affordable approach to spaceflight through the development of transformative technologies and systems. We will blaze a new trail of discovery and development. We will facilitate the growth of new commercial industries. And we will expand our understanding of the Earth, our solar system, and the universe beyond.”

Phillips & Company works with established aerospace and defense companies and emerging technology leaders to help them leverage the Space Economy Value Chain for revenue and business development. The Space Economy Value Chain is a proprietary messaging model developed by Phillips & Company designed to position companies within the framework of NASA’s core communication strategy while at the same time extending the companies’ commercial value proposition.

Space in no longer merely a destination, but a dynamic platform for applications and services that connect the globe, secure our families, power our infrastructure and ultimately change our lives.

Phillips & Company works with aerospace leaders and emerging Space Economy companies on key strategies for revenue growth by: