T-Minus Space Daily The new era of space computing.
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May 15, 2025 Paul Thomas, Accenture's Managing Director and Global Lead of Space Innovation Technology, dives into the exciting world of space computing. He discusses China's groundbreaking launch of 12 satellites for a space computing constellation and highlights innovative developments from U.S. companies like Venus Aerospace's hypersonic engine test. Thomas also examines the economic potential of space technology for businesses, emphasizing the need for strategic implementation and exploration's role in national defense and sustainability.
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China's Space Computing Leap
- China launched 12 satellites, starting a vast space computing constellation targeting 1,000 peta operations per second.
- This system will enable real-time AI data processing and accelerate space-based applications' growth and efficiency.
Gap in Space Tech Adoption
- 81% of executives believe space technology is vital for growth, but only 18% have integrated it seriously.
- There's a large untapped market potential for applying space tech across industries strategically.
Challenges in Scaling Space Tech
- Cost concerns and lack of clear business cases limit space technology scaling.
- Successful applications require integrating data with legacy systems and using AI for actionable insights.