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Reinforce Your Team’s Performance

Transform your department or organization with MIT Professional Education group benefits

The more team members you enroll in your organization, the more benefits you can acquire. Depending on the number of members enrolled in our courses, you could obtain these benefits:

  • Special pricing
  • Focus-based, industry-specific feedback from specialized learning facilitators
  • Collaborative learning experience
  • Overall better performance and outcomes

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Why Enroll in this Course?

Case studies from industry & a systems engineering approach for New Space products and services.

Understanding the New Space Economy ecosystem regarding products, services, & Business Models.

Overview of the New Space sector and an introduction to the important innovations it has generated.

Landscaping the New Space Economy from the vantage point of emerging sectors and their potential.

The New Space Economy is global, entrepreneurial, and, most importantly, accessible. It is increasingly diversified and expanding with private players across a variety of sub-sectors. There is a truly astronomical growth in funding and investing. This has been made possible because the New Space Economy is finally connecting to the global economy.

What will you learn?

History & evolution of space sector

Opportunities for innovation in space activities

Key innovations in New Space

New Space business opportunities

Space sector value chain

New Space versus Traditional Space

Certificate New Space Economy: Technologies, Products, Services, and Business Models | MIT Professional Education

All the participants who successfully complete their program will receive an MIT Professional Education Certificate of Completion, as well as Continuing Education Units (CEUs)*.

To obtain CEUs, complete the accreditation confirmation, which is available at the end of the course. CEUs are calculated for each course based on the number of learning hours.

*The Continuing Education Unit (CEU) is defined as 10 contact hours of ongoing learning to indicate the amount of time they have devoted to a non-credit/non-degree professional development program.

To understand whether or not these CEUs may be applied toward professional certification, licensing requirements, or other required training or continuing education hours, please consult your training department or licensing authority directly.

MIT Professional Education in Numbers

+

60,000

Participants in our courses

+

155

Countries represented by our participants

92

%

Rate the experience as extraordinary

Course Outline

Module 1: History and Evolution of the Space Sector

In this module, we will describe the evolution of the space sector from its birth into modern times. We will also outline the differences between institutional space, commercial space, and New Space. Futhermore, we will master the historical background to

Module 2: Space Sector Value Chain Overview

Here, we will describe the key elements composing the value chain of a New Space mission, and understand the differences between upstream, midstream, and downstream segments from technical and business perspectives. Lastly, we will analyze the value chain of a space venture to identify innovation and entrepreneurial opportunities.

Module 3: New Space vs Traditional Space

Here, we will analyze the stakeholders of a New Space Mission and define unmet needs, define the design drivers of a New Space mission and compare them with the design drivers of a Traditional Space Mission. Furthermore, we will delve into the key differences between New Space and Traditional Space from stakeholder, stakeholder needs, technology, service, and business model perspectives.

Module 4: Innovation on Product and Technology

In this module, we will define the key engineering drivers for New Space products and technologies, analyze New Space products and technologies from a systems engineering perspective and compare them with traditional space analogs. Lastly, we will look into emerging global trends with potential impact on future New Space products and technologies.

Module 5: Innovation on Process

Compare traditional development processes of space missions with New Space development processes. Next, we will understand the advantages and limitations of structured process configurement management and flexible process approaches.

Module 6: Innovation on Service and Business Model

Here, we will identify existing and emerging services and business models in the space industry. Next, we will quantitatively analyze and compare traditional and innovative business models of space services (data-based and mass-based).

Module 7: Fundraising New Space Ventures | From Seed to IPO

Here, we will understand the funding cycle of a New Space Venture, analyze the key characteristics of a New Space idea from an investing perspective, and analyze different growth models for a New Space private venture.

Module 8: Sustainable Development and New Space

In the last module, we will identify opportunities and challenges of future development of New Space, analyze the need for sustainable development of New Space ventures, and quantify the environmental impact of space activities.

Course Faculty and MIT Visiting Lecturer

PROF. ALESSANDRO GOLKAR

Professor in Space Technology

PROF. OLIVIER DE WECK

Professor of Aeronautics and Astronautics and Engineering Systems, MIT

The content of this course was very appropriate and adapted to the audience made of people with very different backgrounds, not too specialized but also specialized enough to keep everybody engaged. Thanks a lot MIT PE for the great content!

Samantha Pavon - Senior First Officer A320, Vueling Airlines

Professionals from these leading organizations have completed this course:

Logo Boeing International Corportation - Turkey
Logo Apple
Logo Mastercard
Logo OHB LuxSpace
Logo European Space Agency
Logo SES
Logo Vueling
Logo Boeing International Corportation - Turkey
Logo Apple
Logo Mastercard
Logo OHB LuxSpace
Logo European Space Agency
Logo SES
Logo Vueling
Logo Boeing International Corportation - Turkey
Logo Apple
Logo Mastercard
Logo OHB LuxSpace
Logo European Space Agency
Logo SES
Logo Vueling
Logo Boeing International Corportation - Turkey
Logo Apple
Logo Mastercard
Logo OHB LuxSpace
Logo European Space Agency
Logo SES