business plans and raise venture capital to fund innovative new ideas, innovative new approaches and business models, leveraging small satellite platforms. the us investment bank morgan stanley, it s forecasting the space economy. it says it s going to triple in size to reach $1 trillion by 2040. i m just wondering, what areas of space activity are likely to be the most profitable, in your view? 90% of all activity falls within the satellites industry, and that s the gps geospatial intelligence satellite communications stacks. and within that, you ve got layers infrastructure, distribution and applications. and these companies are growing incredibly fast and they re focused on the world s largest industries, like agriculture, insurance, maritime, logistics. regrow is a company that s focused on data fusion, leveraging information from satellites, as well as ground sensors, to enable precision farming.
how important is it and its rivals, like rocket lab and jeff bezos s blue 0rigin how important are those companies in fuelling the space economy into the future? the only reason that we re speaking about space as an investment category today is because of spacex. a little over ten years ago, before their first commercial flight, the entire market was really government dominated. they reduced the barriers to entry and they brought the cost of accessing orbit way down and brought transparency to a market where it otherwise didn t exist previously. so what that meant was that companies could then start to go out and build business plans and raise venture capital to fund innovative new ideas, innovative new approaches and business models, leveraging small satellite platforms. the us investment bank morgan stanley, it s forecasting the space economy. it says it s going to triple in size to reach $1 trillion by 2040.
down transparency to a market where otherwise didn t exist previously so what that meant that companies could then start to go out and build business plans and raise venture capital to fund innovative new ideas, innovative new approaches and business models, leveraging small satellite platforms. the business models, leveraging small satellite platforms. satellite platforms. the us investment satellite platforms. the us investment bank satellite platforms. the us investment bank morgan . satellite platforms. the us - investment bank morgan stanley is forecasting the space economy, it says it is going to triple in size to reach $1 trillion by 2014. i m just wondering what are the various areas of the space activity likely to be the most profitable. qo s areas of the space activity likely to be the most profitable. 9096 of all activity falls to be the most profitable. 9096 of all activity falls within to be the most profitable. 9096 of all activity falls within and - to be the mo