Latest / Chief in Tech Deep Dive Shortcast / Chief in Tech S1E25 - Shelli Brunswick : Space – Innovation, Entrepreneurship and Leadership
Transcript
- 0:00I want you to take a second and just look down
- 0:03at your smartphone. Or if your phone happens
- 0:05to be in your pocket, just look down at the athletic
- 0:08shoes on your feet. Yeah, that's a perfect place
- 0:10to start. Right. Because you probably don't realize
- 0:12this, but you are currently holding or wearing
- 0:16literal space technology. Exactly. We have this
- 0:19incredibly rigid mental image of what the space
- 0:23industry actually is. We picture a launch pad,
- 0:27a massive rocket, billionaires in heavy suits,
- 0:31mission control rooms. Right, the whole Hollywood
- 0:33aesthetic. Exactly. But today, we're doing a
- 0:36deep dive into some data from the Space Foundation,
- 0:39specifically this incredible presentation by
- 0:41their chief operating officer, Shelley Brunswick,
- 0:44at the Women Tech Network. And it basically proves
- 0:47that you are already standing right in the middle
- 0:49of a global space economy. You really are. And
- 0:51the crazy part. This industry is practically
- 0:54begging you to take a piece of it regardless
- 0:56of your background or you know what you went
- 0:58to school for Okay, let's unpack this because
- 1:01the numbers we are looking at are frankly staggering
- 1:04They really are and what's fascinating here is
- 1:07the massive almost comical disconnect between
- 1:10public perception and economic reality. Oh totally
- 1:13When you look at the current state of the global
- 1:15space economy, it's valued at four hundred and
- 1:18twenty four billion dollars. It's just huge.
- 1:22Right. That is not some niche scientific endeavor.
- 1:25You know, it is a massive economic engine and
- 1:28it's an engine that is fundamentally changing
- 1:29how human beings live. And it's not stopping
- 1:31at four hundred and twenty four billion either
- 1:33because the financial projections specifically
- 1:35citing Bank of America in this research, they
- 1:38estimate this economy is going to styrocket to
- 1:40one point four trillion by the year 2030. Which
- 1:43is just around the corner, really. Exactly. And
- 1:45by 2040, over three trillion. Trillion with a
- 1:49T. Yeah. And to understand how an industry scales
- 1:52to three trillion, you have to look at who is
- 1:53actually participating. Right. More than 80 nations
- 1:56actively operate in space, but literally almost
- 1:59every nation, every individual, and every company
- 2:02on Earth uses it. Everyone is plugged in. Exactly.
- 2:05The nature of the game has fundamentally changed.
- 2:08If we look at the historical shift, you know,
- 2:1040 years ago, space was essentially just two
- 2:13competing governments during the Cold War. Just
- 2:15this massive geopolitical chess match. Right.
- 2:18It was heavily militarized, highly secretive
- 2:21and very male dominated. But today, the pendulum
- 2:25has completely swung in the opposite direction.
- 2:27We're looking at an inclusive ecosystem that
- 2:30spans across 16 different sectors. So we're talking
- 2:34data analytics, energy storage, healthcare, advanced
- 2:38manufacturing, artificial intelligence, and virtual
- 2:41reality. And here is the statistic that forced
- 2:44me to just completely re -evaluate everything.
- 2:47In the United States... 80 % of the space economy
- 2:50is commercial. That's the key right there. It
- 2:52is. Because when we hear space economy, we view
- 2:54it like an exclusive VIP club, where only Elon
- 2:57Musk, Jeff Bezos, and NASA astronauts are on
- 2:59the guest list. Yeah, that's a perception. But
- 3:01looking at these numbers, it's actually more
- 3:03like the internet itself. It's this massive underlying
- 3:05infrastructure that powers everything else, from
- 3:08agriculture to finance. But on. It's driven by
- 3:11everyday jobs, consumer products, services, entrepreneurship.
- 3:15And the financial incentives for the everyday
- 3:16worker completely back that up. I mean, average
- 3:19salaries in the space industry consistently outpace
- 3:22comparative sectors. But the real realization
- 3:25comes when you look at the tangible outputs.
- 3:28If 80 % of this massive economy is commercial,
- 3:32they are selling the everyday items we just take
- 3:34for granted. Which brings us right back to your
- 3:37smartphone and your running shoes. because the
- 3:39presentation revealed that a standard cell phone
- 3:41alone contains three different types of space
- 3:44technology. It does. But I want to pause here
- 3:46because it's easy to just list things off. Like,
- 3:48how does a cell phone actually connect to a satellite
- 3:51or a space probe? So it really comes down to
- 3:55the brutal constraints of space travel. In the
- 3:571990s, NASA realized that interplanetary spacecraft
- 4:01needed to be much, much smaller. Just to save
- 4:03on fuel and launch costs, right? Exactly. But
- 4:06they still needed to take high quality photographs
- 4:08of other planets. And the existing cameras at
- 4:10the time were far too large and required way
- 4:13too much power. OK, so what did they do? Well,
- 4:16a team at the Jet Propulsion Laboratory invented
- 4:18the CMOS active pixel sensor. They essentially
- 4:22miniaturized a camera onto a tiny microchip.
- 4:26Wow. And that exact technology engineered to
- 4:29photograph Mars and Jupiter is the camera lens
- 4:31sitting on the back of the smartphone in your
- 4:33hand right now. So every time I take a photo,
- 4:36I'm literally using interplanetary probe technology.
- 4:39You are. That is wild. And it's not just the
- 4:42camera, right? It's the GPS navigation that tells
- 4:44me where I'm driving. Yep, which relies on atomic
- 4:47clocks developed for satellites. And even the
- 4:49scratch -resistant glass on the screen traces
- 4:52back to the durable coating they had to invent
- 4:55for astronaut helmet visors. Right, so they wouldn't
- 4:57get scratched by space dust. It's the ultimate
- 4:59proving ground. When you engineer a solution
- 5:02for a zero -gravity environment with extreme
- 5:04temperature fluctuations and massive radiation,
- 5:07you inevitably create a highly durable, highly
- 5:10efficient technology. I have to call a timeout
- 5:12here, though, and play devil's advocate. Go for
- 5:14it. Because when I'm watching a mattress commercial
- 5:17and they start talking about space age memory
- 5:19foam, I immediately assume that is 100 % a marketing
- 5:23gimmick. I think most people do. Right. Are you
- 5:26telling me NASA actually designed my bed? This
- 5:28raises an important question about what technology
- 5:30transfer actually is. Because it sounds like
- 5:33a gimmick, but it is literal aerospace engineering.
- 5:36Seriously? Yeah. Think about the g -force an
- 5:39astronaut takes during the launch and reentry
- 5:42of a spacecraft. It's immense. In the 1960s,
- 5:45during the Apollo era, NASA had to invent a material
- 5:48for the seats that would mold to a human body
- 5:51to absorb that incredible shock. But then it
- 5:54had to return to its original shape so it could
- 5:56be reused for different astronauts. Oh, wow.
- 5:59So they created temper foam. And decades later,
- 6:02that highly specific crash protection material
- 6:04is exactly what we sleep on and what lines the
- 6:07soles of our athletic shoes to abhor the impact
- 6:10of running. That's incredible. And it's not just
- 6:12consumer comfort either. The sources dive heavily
- 6:15into life -saving medical advancements. Yeah,
- 6:17this is where it gets really profound. things
- 6:19like mammogram detection and MRIs. And I struggled
- 6:23to see the connection there at first. Like, how
- 6:25does launching a rocket relate to scanning a
- 6:28human body? It connects through the imaging algorithms.
- 6:32So when the Hubble Space Telescope was first
- 6:34launched, it actually had a flaw in its mirror.
- 6:37Oh, right. I remember hearing about that. Yeah.
- 6:39And the images of distant galaxies were coming
- 6:41back super blurry. So the software engineers
- 6:44at NASA had to write highly advanced digital
- 6:47imaging algorithms to isolate the stars and clarify
- 6:51those blurry pictures. Well, medical researchers
- 6:54realized that if this software could spot a faint,
- 6:56blurry star against the blackness of space, it
- 6:59could probably also spot faint microscopic anomalies
- 7:02in human tissue. No way. Yes. That space software
- 7:05was adapted to spot microcalcifications in breast
- 7:08tissue. which led to non -surgical biopsies and
- 7:11vastly improved mammogram detection. It's taking
- 7:14the absolute extreme of human engineering and
- 7:16applying it to our daily survival. And that extends
- 7:19to the broader environment too. The presentation
- 7:22highlighted Earth observation satellites. We
- 7:25tend to think of satellites as just broadcasting
- 7:27television or internet. Right, the basic stuff.
- 7:30But they're essentially the nervous system of
- 7:32the global economy. They don't just sit up there.
- 7:35They power the precise weather predictions that
- 7:37allow commercial flights to navigate safely.
- 7:40They track global water resources so we know
- 7:43where drought is hitting. They even optimize
- 7:45agriculture by telling farmers exactly which
- 7:48crops are yielding and which need more water,
- 7:50down to the square meter. We don't feel our nerves
- 7:53firing to regulate our body temperature, and
- 7:56we don't see those satellites regulating global
- 7:58shipping routes in agriculture. But if you sever
- 8:01that nerve, the whole modern world just shuts
- 8:04down. Here's where it gets really interesting.
- 8:07Because you would think that venture capitalists
- 8:09and massive corporations have already mined all
- 8:11of this tech. You'd think the gold rush is completely
- 8:14over. You'd think so, yeah. But the data highlights
- 8:17what the Space Foundation calls the innovation
- 8:19gap. Right now, at the NASA Technology Transfer
- 8:23Office and the European Space Agency, there are
- 8:27thousands of patents just sitting there. Thousands
- 8:29of them. They relate to transportation, healthcare,
- 8:33pharmaceuticals, energy storage. They are literally
- 8:35sitting in a vault waiting for everyday entrepreneurs
- 8:38to commercialize them. It is a massive, uncapped
- 8:41reservoir of intellectual property. The research
- 8:44has already been funded by taxpayers. The engineering
- 8:47has already been done by some of the brightest
- 8:49minds on the planet. It's just wild. And the
- 8:52literal process of accessing this isn't some
- 8:54secretive closed -door affair. Anyone can go
- 8:57online to the NASA Tech Transfer website, browse
- 9:00through categories like robotics or advanced
- 9:02materials, and apply for a commercial license.
- 9:05Just like that. They are literally waiting for
- 9:07business minded individuals to figure out how
- 9:10to package these extreme environment solutions
- 9:12for the everyday consumer market. But OK, if
- 9:15it is this lucrative and there is a clear mathematical
- 9:18path to a three trillion dollar economy with
- 9:21thousands of cutting edge patents just waiting
- 9:24to be claimed. Why isn't every small business
- 9:27in the world pivoting to space commerce? There
- 9:29has to be a catch. Well, the industry is hitting
- 9:31a massive wall. There are three distinct roadblocks
- 9:34preventing this explosive growth from happening
- 9:37smoothly. OK, what are they? A severe workforce
- 9:39shortage, a widening skills deficit, and that
- 9:42innovation gap we just outlined. Right. So the
- 9:45workforce shortage seems to be a purely demographic
- 9:47issue across the US, the European Union, Japan
- 9:50and other major economies. The workforce is simply
- 9:53aging out. Yeah, it's a huge. The baby boomers
- 9:56who built the foundational infrastructure of
- 9:58this industry in academia, private manufacturing,
- 10:01government agencies, they are all retiring. And
- 10:04the critical issue is that there simply aren't
- 10:06enough younger workers coming in behind them
- 10:08to fill those empty seats. Which crashes directly
- 10:10into the second roadblock, the skills deficit.
- 10:13The presentation provided a really illuminating
- 10:15example from the height of the COVID pandemic
- 10:17in 2020. Oh yeah, the tourism example. Exactly.
- 10:21The space industry had plenty of open jobs available
- 10:23at the time. While concurrently, millions of
- 10:26people were displaced from the travel and tourism
- 10:28industries. You would think that's a perfect
- 10:30match. Right. But they couldn't just plug those
- 10:33unemployed people into the open space jobs because
- 10:36the displaced workers lack the specific modern
- 10:39skills required. It really highlights this intense
- 10:43need for constant re -skilling and up -skilling.
- 10:46The speaker made a very relatable point about
- 10:48how everyone today has to learn new software
- 10:51constantly just to function. Oh, absolutely.
- 10:53She referenced the very real struggle of having
- 10:55to suddenly learn how to use HubSpot or new video
- 10:58conferencing tools just to join a meeting. Technology
- 11:01is moving so fast that the traditional workforce
- 11:04is struggling to keep up with the baseline requirements.
- 11:07If we connect this to the bigger picture... It
- 11:09becomes clear that this isn't just an engineering
- 11:11problem. It is a fundamental labor crisis. Wow.
- 11:15And to solve it, the space industry has to completely
- 11:17abandon its traditional talent pools. The industry
- 11:21is absolutely desperate for non -STEM professionals.
- 11:24This part completely blew my mind. Because we
- 11:27think of space as purely scientists, physicists,
- 11:30mathematicians. Which we do. But the industry
- 11:33specifically needs welders. They need electricians.
- 11:36They need trades workers for the massive manufacturing
- 11:39sector required to build these components. Think
- 11:42about what a welder does in the space industry,
- 11:45right? They aren't just joining two pieces of
- 11:47metal. They're fusing alloys that have to withstand
- 11:50the vacuum of space, micrometeorite impacts,
- 11:54and thousands of degrees of heat during rocket
- 11:56propulsion. That is intense. It is high end,
- 11:59extreme environment manufacturing that requires
- 12:01master craftsmen, not just PhD students. They
- 12:04also desperately need business administrators
- 12:07to actually run these new startups and program
- 12:09managers to keep complex multi -year missions
- 12:11on track and under budget. Exactly. The presentation
- 12:14even explicitly stated they need artists like
- 12:17musicians, filmmakers and TV creators. Which
- 12:20sounds surprising at first. It does. Why artists?
- 12:23Because someone has to visualize these habitats.
- 12:25Someone has to tell the story. of this new frontier
- 12:27to inspire the next generation to actually want
- 12:30to work in it. And because of this sheer desperation
- 12:33for talent across every conceivable discipline,
- 12:37the old barriers to entry have been completely
- 12:39erased. That's the silver lining here. The space
- 12:42industry is now open to groups that were historically
- 12:45shut out. It goes far beyond vital initiatives
- 12:48for women and minorities. It explicitly targets
- 12:51underrepresented geographies. Like where? Inner
- 12:55cities, rural farming communities, different
- 12:57regions across the entire globe. The industry
- 13:00can no longer afford to be an exclusive club.
- 13:02So if I'm a displaced tourism worker or an artist
- 13:05or a welder listening to this and I hear there
- 13:07are thousands of NASA patents sitting around
- 13:10and an industry desperate for my help, my immediate
- 13:13thought is, great, let me add them. Right. But
- 13:15I can't just walk into the European Space Agency
- 13:17and demand a job. What is the actual bridge between
- 13:21me and this ecosystem? This is exactly what the
- 13:24Space Foundation Center for Innovation and Education
- 13:26was built to solve. They developed a highly structured
- 13:29five -step workforce development roadmap. And
- 13:32those five steps are awareness, access, training,
- 13:36connecting, and mentoring. That makes sense.
- 13:37Every single program they run operates on this
- 13:40pathway to take someone from zero aerospace knowledge
- 13:43to active participant. Step one is awareness,
- 13:46which is the foundational realization that this
- 13:48ecosystem even exists, that it's 80 % commercial
- 13:51and that there is a place for your specific skill
- 13:55set in it. Step two is access. You know, you
- 13:58need a doorway in. The presentation highlights
- 14:01several specific access points, like participating
- 14:04in the Women Tech Network, engaging with the
- 14:07UN Office of Outer Space Affairs, Space for Women
- 14:10program, or joining the Space Generation Advisory
- 14:12Council. It's about finding the open door that
- 14:15aligns with your background. Exactly. From there,
- 14:17you move to training. And this isn't necessarily
- 14:20a four -year degree, right? Not at all. It could
- 14:21mean getting a specific manufacturing certification
- 14:24or taking a targeted online course to upskill
- 14:27your software knowledge. Then you move to connecting
- 14:29with the industry by attending events. And finally,
- 14:33mentoring. Finding someone who has already navigated
- 14:36this complicated path to help you overcome the
- 14:39inevitable roadblocks. And to execute this roadmap,
- 14:42they have built incredibly robust practical programs.
- 14:45For adults and small businesses looking to transition
- 14:47into the industry, they offer the Space Commerce
- 14:51Entrepreneurship Program. What does that entail?
- 14:53This includes online webinars, virtual and in
- 14:56-person workshops, and entrepreneurial podcast
- 14:59series to highlight role models. They've already
- 15:02successfully helped hundreds of entrepreneurs
- 15:04figure out the literal mechanics of licensing
- 15:07a patent and building a business model around
- 15:09it. But the initiative that really stopped me
- 15:11in my tracks was the Junior Space Entrepreneurship
- 15:14Program. Oh, it's brilliant. This is aimed at
- 15:16K -12 students primarily high schoolers, and
- 15:19they aren't just teaching them to memorize the
- 15:21names of the planets or build baking soda volcanoes,
- 15:23which is what my space education looked like.
- 15:26Right, mine too. They put these students into
- 15:28teams, and the team's initial mission is to theoretically
- 15:31go to Mars and safely return. So they have to
- 15:34learn the STEM skills, the math, the biology
- 15:36required to survive that journey. But the brilliant
- 15:39twist is that once they return to Earth, the
- 15:42mission isn't over. They then have to form a
- 15:45company and commercialize a product or technology
- 15:48they developed during their journey to Mars.
- 15:50It is an incredibly sophisticated approach to
- 15:53education. By forcing them to commercialize the
- 15:56technology, they are learning critical 21st century
- 15:59skills. Yes. Whether they eventually become space
- 16:02entrepreneurs or go work in a completely different
- 16:04sector like finance or health care, they are
- 16:07learning project management, marketing, financial
- 16:10modeling, team collaboration, all under the exciting
- 16:13umbrella of a Mars mission. And for the professionals
- 16:16already working or trying to transition in, they
- 16:18host massive networking events. The annual Space
- 16:21Symposium in Colorado Springs brings in tens
- 16:24of thousands of attendees. It's huge. And recognizing
- 16:26that networking can't just happen once a year,
- 16:29they launched Symposium 365, a digital program
- 16:32to keep the global space community actively collaborating
- 16:35year round. It all comes back to that collaboration.
- 16:39Whether you are dealing with military, commercial,
- 16:41civil or international sectors, the technological
- 16:45multiplies when the community is connected rather
- 16:47than siloed. So if you are driving in your car
- 16:51right now or at the gym and you have absolutely
- 16:54zero background in aerospace. Yeah. What is literally
- 16:57step one for you today? Step one is moving from
- 17:00that awareness phase into the access phase. You
- 17:03go to SpaceFoundation .org. You look at their
- 17:06specific resources. You browse that NASA patent
- 17:08database online to see what kind of technology
- 17:10actually exists. To see what's out there. Exactly.
- 17:13And most importantly, you seek out a mentor through
- 17:16organizations like the Women Tech Network or
- 17:18the UN Space for Women program, which by the
- 17:20way are open to both men and women. You simply
- 17:23have to decide to step through the door. So what
- 17:25does this all mean? We started this deep dive
- 17:26looking at a hidden $424 billion economy. And
- 17:31we've traced it all the way down to the realization
- 17:33that your unique skills, whether you are working
- 17:36in business administration, whether you are a
- 17:38creative artist, or whether you work in a completely
- 17:40unrelated trade, are desperately needed to help
- 17:43push this industry toward that $3 trillion mark.
- 17:47They really are. The ultimate takeaway here is
- 17:50that space exploration is no longer just about
- 17:52looking up at the stars. It is fundamentally
- 17:54about bettering life down here on Earth. It's
- 17:57about jobs. It's about medical breakthroughs.
- 18:00And it's about everyday innovation. And that
- 18:02leaves us with a fascinating implication to consider.
- 18:04If high schoolers in the Junior Space Entrepreneurship
- 18:08Program are learning to build real -world businesses
- 18:10by commercializing the technology needed to survive
- 18:13on Mars, well, what if the next massive world
- 18:16-changing industry on Earth isn't invented to
- 18:19solve an Earth problem at all? What if the cure
- 18:21to our most pressing terrestrial challenges,
- 18:24whether that's in agriculture, water management,
- 18:26or healthcare, is accidentally born from simply
- 18:30trying to keep human beings alive on another
- 18:32planet. How does that change the way we view
- 18:35the absolute necessity of space exploration?
- 18:38That is an incredible thought to leave on. Thank
- 18:40you so much for joining us on this journey today.
- 18:42Keep looking closely at the technology around
- 18:44you. Keep questioning the boundaries of your
- 18:46own industry. And as always, keep learning.