Attracting investment for a Space exploration project
- Paper number
IAC-08.E6.2.7
- Author
Mr. Stephen Day, Management consulting, United States
- Year
2008
- Abstract
The Pacific International Space Center for Exploration Systems (PISCES) was initiated in 2004 by the Japan/US Science, Technology and Space Application Programs bilateral organization (JUSTSAP), to advance applications, research and education in space exploration technology and systems working closely with the State of Hawai`i. Hawai`i has a heritage with space exploration including the training of Apollo astronauts and testing of lunar rover systems in some of the most realistic terrestrial sites available. This paper will explore some business models to attract investment from multiple sources, including private and public funding. PISCES existing business model has been to use seed funding from the State of Hawaii to initiate this project, and to leverage this funding by attracting paying users, such as NASA and other national and international Space organizations. It is envisioned that the business model for PISCES will be expanded over time to include funding from additional sources including entrepreneurs (Angels and financing firms), as well as corporations. The paper will also explore options for non-profit and for profit opportunities that could coexist within the business model.
- Abstract document
- Manuscript document
IAC-08.E6.2.7.pdf (🔒 authorized access only).
To get the manuscript, please contact IAF Secretariat.