Monthly Archives: January 2017

Two Years Later as a Space Industry Analyst

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Happy New Year!

Transitions are not unfamiliar to me. During my childhood, our family moved around a lot. We’d move to other countries occasionally, always from assignment to assignment on different Air Force bases. Each move contained challenges and over time, each time, I looked forward to the moves. A move meant I would see something different, make new friends, and learn something new. It was great being a Air Force “brat.”

I’d like to think growing up in a military family, moving, and as a result, adapting and learning, have influenced me positively. I might never have learned German, German culture, or eventually become aware of different perspectives from the American Way. My tolerance for risk might have been lower or non-existent. I might never have tried to make my luck with writing.

I have the same attitude towards job transitions. Each new job means there’s something new to learn, something different. So, how do I feel about changing from a satellite missile defense test manager and space operator to my current position as a space industry research analyst? It’s been over two years since I took on this writing gig.

I like the change! Heck yeah, I really like this last transition! I’m learning a lot, too.

I’ve always had an affinity for writing. My degree was in communications, for goodness sakes. I definitely am better at expressing myself in writing than speaking. Writing allows for my brain’s background processing to come to the fore in a nice tidy package once the processing is done. Writing about the space industry is icing on the cake.

But it’s not just about writing about the industry. It’s also learning about the industry, conducting research, finding great sources, reading whatever I can find, which can sometimes seem unrelated. Then I think about it all. I think about it in the gym. I think about it when I’m watching TV at home. I think about it when I’m sleeping. It’s the way my brain likes to work. Some of my better insights come from listening to podcasts not at all connected to my research. Some of my ideas just fall in my lap while running on the treadmill. It’s not tiring, and it’s not forced.

So, yes, my current job is a blast. So much so, I don’t really feel like it’s a job. I get to meet with interesting people from around the world. I get to study and learn about new trends in the industry. I get to write it all down. And, shockingly, people find the information I bring to them useful. It doesn’t hurt I’ve got a good boss, who also has a good boss. It doesn’t hurt I’m on a team full of great people. But what motivates me is finding and writing an analysis people use. It’s wonderful when that happens.

It’s not all sunshine and tea cakes all the time. And the transition between jobs was a bit rough, as part of the problem was me trying to figure out what I REALLY wanted to do. But I can honestly say I feel more fulfilled in this job than my prior work. Admittedly, my experiences and lessons learned in my prior work helped me in my transition to this job. And I’m still learning a lot. So I’ll mention a quick overview of my perception of the space industry today.

There is so much going on in the space industry, a person researching the category would really have to work hard to NOT learn something. Space situational awareness, small satellite growth, possible new entries in the launch market, reusable rocket stages, and more—there’s always a learning moment waiting around the corner. And that’s assuming a person stuck with studying only the American launch industry. But globally, there are trends that impact the launch industry, too.

There are the activities conducted by India and China. Both countries have very active space programs, with China’s commitment evidenced in it’s recent 2016 attainment as the world’s most prolific launcher for that year (actually, they tied with the US this year–I just finished updating our database–sorry). The Europeans haven’t been sitting still either. And there’s surely a story behind Russia’s alarming decline in launches for 2016 as well as a seeming decline in launch reliability, too.

That’s not to say that the U.S. is lagging. From my observation, the U.S. space industry is perhaps the most innovative and most vibrant it’s been in a while. But the U.S. space industry is also in transition, slowly switching from primarily government-sponsored missions relying on government launch services, to a healthier, and hopefully multi-pronged launch industry with many more customers. There are many, many plans, from many entrepreneurs and companies, some of which may actually transition to real businesses and opportunities.

The upshot is, I get to research, learn, ponder, and write about this changing and interesting industry. It’s been fun during the past few years, and I’m pretty sure it will be fun for the next few. This was a fortunate transition for me. Sorry if that sounds like bragging.

Transitions can be wonderful—if you have the means, I highly recommend picking one up. Oh, yeah!

 

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