Is Space Commercialization a Myth?

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The margins are pretty small, but some people can see an outsized competitive advantage through marketing. There is a myth that space commercialization is just now because we've had telecommunication satellites since the 19s. So like television, you know, broadcasting through satellite, telephony, even earth observation is like a new market. And then really is only in the last 10, 15 years where we've also added data analytics to that business model.

With communication satellites, weather satellites, GPS, and much more, what happens in space is already important to our lives here on Earth. And the importance of space is only going to grow as we increase the presence of humans, whether in Earth orbit or beyond. So the questions of what laws govern activity in space, and how nations and institutions should practice good governance more generally, are becoming increasingly urgent. Timiebi Aganaba is an academic and space lawyer who has experience experience in a wide variety of context and countries. We talk about the current status of space law and how to guarantee good governance going forward.

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Timiebi Aganaba received Ph.D. and LL.M. degrees from the Institute of Air and Space Law at McGill University. She is currently an assistant professor in the School for the Future of Innovation in Society at Arizona State University, with a courtesy appointment at the Sandra Day O’Connor College of Law. She is also an affiliate faculty with the Interplanetary Initiative and a senior global futures scientist with the Global Futures Lab at ASU. She served as Executive Director of the World Space Week Association, and currently serves on advisory boards for the UN Space Generation Advisory Council, the Board of World View Enterprises, and the SETI Institute. She was the recipient of a Space Leaders Award from the International Astronautical Federation and her doctorate received the George and Ann Robinson Award for advanced research capabilities.

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