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  • session 6

    Title

    Financial Viability and Supplier monitoring in times of economic vulnerability

    Description

    The COVID-19 crisis has led to unprecedented market volatility and has impacted almost all industries in the global economy at different levels. With this crisis, the recent growth in the space sector that generated unprecedented levels of entrepreneurship and start-up activity, could be reversed. On the other hand, larger space manufacturing industries have not been immune to the crisis. On account of the COVID-19, the lock-downs and travel restrictions, as well as social distance measures and quarantines policies, have slowed down product deliveries, mission deployments and caused supply-chain delays with a direct effect on production and thus revenues. Furthermore, as the space sector has been disrupted by the COVID-19 crisis with suppliers across the globe facing liquidity and financial challenges, the need of financial viability and supplier assessments/monitoring has exacerbated. However, not every supplier is going to be equally impacted by COVID-19, nor is every impacted supplier going to have a material disruption or loss for an organization or project. The purpose of this session would be to discuss the level of impact of this crisis in order to not only quantify this impact and reflect on potential financial measures, but also to plan for policies and strategies for the future. Another aspect is to exchange on financial viability and supplier assessment/monitoring best practices, as well as to understand the criticality of financial impacts to establish better measures and/or use of resources from public (and private) funding where they can have the maximum impact. A keynote address will be given followed by a panel session and dedicate presentations for which the call for abstracts is herewith launched.

    Date

    2022-09-21

    Time

    15:00

    Room

    E04B

    IPC members
    • Co-Chair: Ms. Geraldine Naja, ESA, France;

    • Co-Chair: Dr. Henry Hertzfeld, Space Policy Institute, George Washington University, United States;

    • Rapporteur: Ms. Karina Miranda Sanchez, ESA, The Netherlands;

    papers

    Order

    Time

    Paper title

    Mode

    Presentation status

    Speaker

    Affiliation

    Country

    1

    15:00

    KEYNOTE: Recalibrating the Space Sector Procurement Practices to Better Prepare After COVID-19

    30

    confirmed

    Ms. Nancy C. Wolfson

    American Institute of Aeronautics and Astronautics (AIAA)

    United States

    2

    15:30

    An sme story in its quest for sustainability within the redefinition of the european space industrial landscape

    9

    confirmed

    Mr. Hervé Cottard

    Almatech SA

    Switzerland

    3

    15:39

    European Space SMEs financial viability: insights and policy perspectives

    9

    confirmed

    Prof. Marleen Willekens

    KULeuven

    Belgium

    4

    15:48

    Jena-Optronik GmbH - Dominik Klose

    9

    confirmed

    Dr. Reinhard Berger

    Jena-Optronik GmbH

    Germany

    5

    15:57

    Analysis of the Commercial Satellite Industry: Key Indicators, Global Trends, and COVID-19 Impact

    9

    confirmed

    Ms. Carissa Christensen

    Bryce Space and Technology

    United States

    6

    16:06

    Employment, supply chain and SME support in private-driven national space program in COVID-19 crisis

    9

    confirmed

    Ms. Mi-jin Yoo

    Korea Aerospace Research Institute (KARI)

    Korea, Republic of

    7

    16:15

    How to remain resilient during a worldwide health crisis?

    9

    confirmed

    Mr. Didier Manzoni

    APCO Technologies

    Switzerland

    8

    16:24

    Managing compliance and ethics risks by space agencies in the context of New Space and market volatility

    9

    confirmed

    Mr. Philippe Clerc

    Centre National d'Etudes Spatiales (CNES)

    France