a16z Podcast The Evolution of the Satellite Economy
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Sep 19, 2023 John Gedmark, co-founder of Astranis, shares insights from his extensive career in the space industry. He discusses how launch costs have plummeted, sparking a new era in satellite technology. Gedmark explores the shift from large satellites to efficient small ones, enabling wider internet access for underserved populations. The conversation also touches on the private space age’s emergence, the crucial role satellites play in bridging connectivity divides, and the future opportunities within the expanding satellite economy.
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Early Spaceflight
- John Gedmark interned at the X-Prize Foundation, witnessing the dawn of private spaceflight.
- This experience inspired him to co-found the Commercial Spaceflight Federation.
Spaceflight Eras
- The space industry transitioned through three distinct eras: the Apollo era, the Space Shuttle era, and the modern commercial era.
- The retirement of the Space Shuttle marked a turning point, opening opportunities for private companies.
Small Satellite Enablers
- The rise of small satellites was enabled by converging technologies like lithium-ion batteries and cheaper, more powerful computer chips.
- These advancements allowed companies to achieve significant capabilities in smaller, more affordable packages.