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Cameron Gleeson

πŸ‘€ Speaker
944 total appearances
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Podcast Appearances

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

That's on the launch pad.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

We're doing our final checks.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

Nice.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

So we're looking to launch that.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

Countdown.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

The key technologies that we've sort of seen really evolve are twofold.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

One is firstly the real sort of, I guess, growth in what we call low Earth orbit satellites.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

These are satellites that orbit around the Earth anywhere between 160 kilometers and 2,000 kilometers above the Earth.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

They fly around the Earth in around about 90 minutes.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

Because they're quite close to Earth, they have low latency in terms of their signal reaching the Earth.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

If you're looking to have connectivity with a satellite, it's really good to be close to the Earth's surface.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

The problem being is that when you're close to the Earth's surface, your field of vision or the amount of the Earth's surface that you can cover is quite small.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

And so what we saw was that Starlink, which is one of Elon Musk's ventures within SpaceX, really revolutionized this by creating what we call a constellation of satellites.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

And this has allowed other companies to sort of follow down that path.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

And the provision of services like broadband internet from space have become a reality.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

And so use cases, whether they be in rural areas or in disasters, or indeed, there's been some really interesting stories where Starlink was basically switched on over Ukraine after the Russians were able to do a cyber attack and take out Ukraine's communication network.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

it's really sort of provided a vital backup for areas where, you know, we don't necessarily have good coverage for the internet.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

And just, you know, 30% of the world's population don't actually have access to internet.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

So services like Starlink that provide, you know, broadband internet coverage are going to be critical moving forward.

FEAR & GREED | Business News
Q+A: Why space has got investors so excited

Yeah, so these applications where you're able to earn revenue from outside the space industry are critical.