New Space Collaboration, Creating Standards and Sharing Assets

Companies in the New Space segment have a tendency to collaborate, allowing them to avoid reinventing the wheel. There is a current ecosystem in place that supports interchange of thought on a day-to-day, minute-to-minute basis, giving them opportunity to quickly move forward on ideas. What else does the New Space segment need to do in order to be successful? Katherine Monson starts the conversation by suggesting that standards should be introduced, allowing for the creation of product offerings that are more cost efficient without non-recurring engineering. She also describes taking advantage of economies of scale; the more New Space shares infrastructure amongst each other, the better for everyone.