session 6

Title

Cost and Procurement impacts on Space Programmes linked to high inflation and world-wide scarcity of components and materials

type

oral

Description

From the first half of 2021, the world-wide overall production and supply chain has been affected by a marked scarcity of electronic components, affecting several sectors including Space. Additionally, the period has been marked by a high inflationary trend which is now increasing rapidly, following the world crisis due to COVID and the geopolitical tensions. In this context, the role of countries/companies in space technology supply chains and space related services in Europe severely affected -directly or indirectly- by the economic/politic crisis could lead to acute challenges for Space Programmes for several years to come. The purpose of this technical session is to identify specifically the impacts on costs and on the procurement process of Space Programmes linked to high inflation and world-wide scarcity of components and materials, and to exchange on measures taken and additional ways forwards from Industry and Public Procurement Organizations perspectives, as well as to exchange on how these problems are addressed in the full commercial sector by customers and suppliers.

Date

2023-10-05

Time

15:00

Room

BCC Auditorium Balcony

IPC members

• Co-Chair: Ms. Christine Klein, European Space Agency (ESA), France;

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

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

• Rapporteur: Ms. Raphaelle Leglise, ESA, Spain;