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Smoke And Mirrors: CASIS And Its Imaginary Space Economy

7 May 2019, 22:47 UTC
Smoke And Mirrors: CASIS And Its Imaginary Space Economy
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Keith's note: On page 4 of CASIS FY18 Q2 Quarterly Report for the Period January 1 - March 31, 2018 CASIS says:

"As manager of the International Space Station (ISS) U.S. National Laboratory, CASIS seeks to maximize both utilization of in-orbit resources and downstream value to life on Earth. To support these efforts, CASIS developed a methodology to assess the value creation of the projects in its portfolio. Working with external subject matter experts in an annual meeting, CASIS estimated (as of year-end FY17) the future value of the ISS National Lab portfolio will exceed $900 million in incremental revenue from addressable markets totaling more than $110 billion. Additional parameters indicating positive value to the nation include a time-to-market acceleration of 1-3 years and the development of more than 20 new solution pathways (a measure of innovation that can lead to a major advance in knowledge or new intellectual property). These data are updated annually but included in each quarterly report."

What does this even mean? Where is the "incremental revenue" being generated? On Earth? In space? Both? What are the "addressable markets"? How does CASIS know that these addressable markets are or will be $110 billion in size? Is ...

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