Illuminating the Future: Space-Based Solar Power As a Cornerstone in the New Space Economy

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F. Schoofs, M. Hontoir, E. Ryan, V. Drigo & D. A. Homfray (2023), JBIS, 76, pp. 401-404

Refcode: 2023.76.401

DOI: https://doi.org/10.59332/jbis-076-11-0401

The realisation of space-based solar power (SBSP) will be a transformative milestone for the economy, technology and environment in both space and on Earth in the next two decades. Recent advancements and ongoing efforts at the Satellite Applications Catapult and Space Solar have demonstrated that SBSP is not just a futuristic concept but a near-term possibility. Here we aim to shed light on the ecosystem opportunities that SBSP can unlock within the emerging new space economy, based on our work. Realising the benefits of SBSP will require cross-sector and international collaboration, to navigate the unique challenges and issues associated with this groundbreaking endeavour.

Keywords: Space-based Solar Power; In-space Economy