 It's fantastic to be here. I'm Daniel I'm a rocket scientist at heart and I want to show you why space is no longer reserved for the billionaires as a Playground or the government's to do some shady and crazy stuff up there So let's talk all about a space. Why do we do space at all? Why go to space and I? want to start with what actually do people associate with space and Often time we would think about, you know Building satellites and this is also what the majority of the people actually think it's like putting satellites into space many Have I actually no idea what the satellites do in space? Going to moon and Mars is a very very big thing because obviously when you stand at night on the outside And you take a look at the glazing stars You would actually see satellites, but obviously you also see the moon and the Sun etc Now what's a little bit more interesting is That about a fifth of people associate with aliens because you know coming from the outside and actually Would like to preserve our small tiny little cozy planet and then why actually only 10% Star Wars? I think I should be more like 70% So space is actually not as I said the one playground for some tourists to go to space Who have too much money in their pockets But why we really need space is because we need it to actually manage our planet So about 90 95% of the entire space industry really is focused on making life better on the earth That could be anything from connectivity Beaming internet down from space or it could be earth observation to actually tell us when and where to harvest our crop Or how much water we actually need to put on an agricultural field? And so more and more also in the last about five years What we've seen is there's plenty of startups building satellites and satellite constellations Now one of the questions which probably many of you, but as well as many many other founders in this planet Ask themselves is how does the world actually look like in the future and what could be my role in that? I Think that in about 20 years every device on this planet will be connected now that actually might sound Reasonable, but if you think that about three and a half billion people on this planet Do not have access to internet as of today. It actually is quite a challenge Obviously we're gonna spend a lot of resources on tackling climate change and actually let's go a step back Why do we even know there's climate change? It's not that probably if you would ask a few politicians they would tell you Oh, there's data on the internet which tells you But where does data actually come from and satellites actually are generating more than half of all the data Based on which you actually determine how the health of this planet looks like What we need to do in order to make sure that we preserve it or can make it better And over the course of the last few months We've also seen more and more and more that we're already actually in attack and talent war And basically that's political geopolitical tensions are Quite important whereas over the course of the last few years We've been living in a quite nice and calm planet But then again space is actually already a playground also for the militaries and defense ministries of the world So what do satellites have to do with this a? satellite flies in space Another question is where actually is space and per definition It is that pretty much starting at exactly a hundred kilometers of altitude now you can throw something up into space I could throw up this thing up to a hundred kilometers And what would happen is the thing would pretty much exactly fall down from where I threw it up So objects and satellites stay in space because we accelerate them To an orbital speed which is at the low-earth orbit of about 500 kilometers of altitude about 28,000 kilometers an hour And that's also what we do with these are we build the rockets in order to accelerate the satellites Now if the satellite is flying at 28,000 kilometers an hour It's circumferencing the entire planet in 90 minutes So every one and a half hours you do an entire earth rotation with your satellite Which is great because the founders among you are thinking oh I can serve the entire planet with my first satellite already whether I gather the data in Helsinki or in the US or in Asia or in Africa It doesn't matter because the satellite is pretty much orbiting the planet over and over and over again for many many years Gathering valuable information now if you multiply that single satellite and Basically create a mesh of satellites such at any point in time you always have a satellite exactly above you Generating data or are providing a service from space you basically come out with a satellite constellation So in the past we've built single off one-off satellites as of today Most of the companies and startups in space are building big constellations to provide a real-time service on a global scale from day one Now there's one single thing where regardless of the application that you do in space you have to go through and that is the launch So whether a satellite actually does telecoms or earth observation You have to first get the satellites into space and this is also the role again that we at ESA do Now interestingly and probably many of you might not even notice is that the piece on the on this continent over the course of the last seven months luckily has been preserved due to satellites because The entire communications was actually one of the first systems which was brought down from the Russians in Ukraine But luckily Ukrainians had access to a satellite Constellations that will literally beam down internet from space with super low latencies And you could have 200 300 megabit per second of internet with a super small antenna about the size of a paper Now this obviously changes then the entire course sometimes of humanity Whereas some people do have access to space and some others don't but the important thing is we're trying to use space for the peace of humanity and For making sure that we can actually live on this planet for longer than just the next 50 years until hopefully We're not going to destroy this planet with all our emissions But really make sure that we create also a thriving commercial industry from it So the entire industry is expected to go Significantly to more than 3x of where we are today to above a trillion We're actually right already right now approaching half a billion half a trillion of revenue within the space industries Now if you take a look at a satellite what you see is basically electronics The smallest Standardized satellite is just 10 centimeters times 10 centimeters times 10 centimeters so basically half of a shoebox and You could literally go online right now with your phone on website of European companies and Order your satellite components get it into the basket and order your satellite at home or to your company That's not something which was available even just five years ago Now we have university spin-offs create huge companies actually I saw it being here a spin-off of the University in Helsinki and It's also no wonder that actually over the course of the last four years due to that access to technology We really have seen a major spike in satellites going to space and again It's not just for governments or for billionaires But it's for startups with investors who are here and who have already successfully funded many many satellites constellations for example That we really define a new operating system for planet Earth from space Now as you can also see almost all satellites which were launched to space over the course of the last year were super tiny satellites so 600 kilogram satellites, that's a little bit bigger than a fridge and Really going down to a small standardized satellites, which you can just buy online Now what we do with ESA we build the rockets to get all of those small satellites into space The rocket is actually Europe's largest and most powerful privately developed rockets We're fully privately financed and we're designing it to carry up to a thousand kilograms into space Whether it's for Earth observation satellites to tell us where and when we harvest crop How do you actually measure methane or co2 on a global scale? Again here, you're not gonna put a co2 sensor every hundred meters across the entire planet It's just not sustainable But what you can do is you put a satellite into space which is monitoring and through a hyperspectral camera detecting methane Detecting water water vapor detecting co2 and then basically you have an overall global map with more satellites You put into space as part of a constellation you can increase your resolution both time-wise, but as well as Geospatially and so you can really create a global map Which is something that we need if we really want to tackle climate change Sophistically and with actual data instead of just beliefs Now ESA what we also do is we actually Employ a rocket propellant that you have at your own home in your own refrigerator So we use highly clean propane which actually was quite a challenge because it's burning too cleanly So we don't have any suit within our combustion and so again here trying to make the world a better place and a cleaner place What we believe also is that space is not going to be sustainable if you just keep building two rockets a year Three rockets a year That's pretty much what actually Europe has been doing over the last decades We've employed tenth of thousands of people to build two or three rockets a year And so if we really want to build that operating system in space for our planet Earth What we need to have is launch capacity and launch capacity comes through a lot of rocket launches at the end of today So what we do at ESA is we automate the manufacturing and basically take knowledge that we usually would have in the Automotive industry or in the aircraft industry and employ it within the space industry and so To give you maybe two examples We can build a rocket engine from raw material to a finished rocket engine in about two weeks of time Compared to a classically designed and driven industry where we would take them about one and a half years To go from a raw material to a finished rocket engine We do a lot of metal 3d printing We do carbon fiber winding for the entire structures such it will literally have two people in our manufacturing facility Supervising the build of multiple rockets at the same time Now that's also not something where usually would actually think that you would get funding for out of Europe But over the course of the last two years really we've managed to go from zero with literally zero experience on manufacturing for example to becoming Probably the most sophisticated Manufacture within the space industry within Europe So as of today, we already have a capacity with about 50 people on ground of Outputting more than 10x the amount of systems and components than the entire European industry combined over the course of the last year and so a Founder or an idea can not only disrupt very small parts of this planet, but I also dare you to think big and the next I'm going to show you is Because one of the biggest challenge that we had is how do we actually get a hundred million plus of venture capital financing pre-revenue and Actually the first question that usually what got from investors about three four years ago was What did you guys smoke and? People were just completely crazy said oh you're building rockets. You're like Please go to some other. It's not part of our investment Scheme you're completely outside the box. We really like you, but it's not something for us So at the same time we also couldn't just go to all the international we sees and then go talk to European governments and tell Hey, you should draw launch your rockets with us while 80% of our cap table actually is non-European So we went on a challenge to say is it possible to actually raise a hundred million plus out of Europe from European? Investors for something that no one of them ever did actually before And the good thing is it does work. So even if you have super crazy ideas Don't give up on the fundraising part We've spoken to hundreds and hundreds of investors such that at the end of the day We found the right ones for us who are really bold thinkers as well the lake stars the early birds who by the way All are here today. So big. Thank you to also the investors among you who believe in big and bold ideas Now where do we go in the future? Space is something which still today is not in the mouth of everyone But you're already today dependent on the entire space industry Whether it's the blue dot on your phone, which guided you yesterday morning and this morning to this venue It is connectivity as I said for the three billion people who today don't have internet access It's also no wonder why all the big corporates are investing billions into their own space programs Amazon Vodafone John Deere Why does actually a what is a tractor company? use space and So John Deere for example is a very interesting case because they actually already guide their tractors fully autonomously through GPS on The other side they're now expanding that to bring in agricultural data Have a machine learning algorithm tell them when and where to put how much water to put how much fertilizer Such it actually they found out with half the water and half the fertilizer if you dose it and apply it in the right way You can actually double your output And so what we're seeing is that many other industries are getting disrupted through space It's the automotive industry too. How do how are we going to get to autonomous driving? Your car will always have to actually send up a signal of when and where it is going and where it is Also, did you ever think about how do we find pirates? These are the crazy questions would ask yourself is how do you actually know there's pirates But also, how do we find them again here? It is satellite constellations actually from European startups who? Basically have a signal detected from ships and whenever pirates would take over a ship They turn off that signal now if you overlay that data for example through companies line data from the companies like eyesight You can still track those ships with a radar satellite through nighttime as well as when there's clouds But then you can actually track the sparrots and when they took over a ship send the info to the naval coast for example And so space data is already today everywhere There's no single bank transaction or no ATM withdrawal happening without space access and space data And we're also not going to fix space We're not going to fix climate change without space data And so it is a super exciting industry want to definitely look out for but last but not least I really want to encourage you if you think your idea is big Think bigger and the best thing is that it's definitely doable in Europe too. Thank you very much