Joint Los Angeles and San Fernando Valley Chapter virtual meeting on February 11
On the heels of the recently released 2020 National Space Policy and the 2020 election, Bruce Cahan and Mir Sadat released “U.S. Space Policies for the New Space Age: Competing on the Final Economic Frontier”, a report on transforming existing and emerging U.S. space policies, legislation, and strategies into action plans that will ensure U.S. strategic leadership in space for the 2040-2060 timeframe. The U.S. Chamber of Commerce estimates that the global space market will increase from approximately $385 billion in 2020 to at least $1.5 trillion by 2040. Rising economic benefits, national security importance, and advances in fundamental technologies also contribute to the growth in numbers and the improved capabilities of spacefaring nations. Advancements in commercial space technologies reduce costs and unlock new opportunities for economic growth and dual-use capabilities for ally and adversary spacefaring nations.
China’s One Belt and One Road Initiative (OBOR) is its long-range plan for geopolitical and economic supremacy, spanning initially 64 and now 100 countries. Space infrastructure, from launch to satellite imagery and telecommunications, is now part of the OBOR Initiative. The Initiative aligns China’s economic, industrial, and political assets for implementation and permanent financing. Space and cyberspace components of the OBOR Initiative are just the most visible parts of China’s long-term economic and national security commitments to dominate the emerging space economy. China has successfully aligned its diplomatic, economic, industrial, and political assets for implementation and permanent financing. Such attempts aim to weaken U.S. strategic leadership in space by creating schisms with allies and partners, and undermining U.S. long-term planning and commitment in space.
The United States must seize this decade’s opportunities to retain U.S. strategic leadership in space by creating and implementing cohesive economic, financial, diplomatic, S&T, and policymaking plans to meet the challenge. The recent 2020 U.S. National Space Policy, and associated government policies, reflect the cumulative policy improvements of the recent years.
Please join us online on Thursday, February 11, 8:00–9:00am PST when Dr. Mir Sadat, Former Policy Director, the National Security Council of the Executive Office of the President at the White House, will take an intriguing look at the challenges facing the United States space industry, and will provide insights on the path forward. In order to keep up with the exponential space technology and industry evolution, and the rising challenges for national security, the United States needs: 1) an enduring 2060 National Space Vision, 2) a better organizational system to advance interagency policies, and 3) to augment market-based economic activities with visionary policies.
The meeting is free for members and $25 for non-members. For more information and to register to attend the meeting go to https://adflasfvfeb21.eventbrite.com/.
Information about joining The A&D Forum is at https://aerospacedefenseforum.org.
The LA chapter of The Aerospace & Defense Forum is hosted by Jeffer, Mangels, Butler & Mitchell and sponsored by Chubb, Bolton & Company Insurance Brokers, Stanton Chase and Moss Adams
The San Fernando Valley chapter of The Aerospace & Defense Forum is hosted by Rose, Snyder, & Jacobs and is sponsored by Chubb, Bolton & Company, and Moss Adams.
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