1 Path to a Self-Sustaining Commercial Economy in LEO International Symposium for Personal and Commercial Spaceflight October 12-13, 2016 Las Cruces, New Mexico, USA Presented by Dr. Michael Baine Chief Engineer, Axiom Space
2 Viability of LEO Economy Market $,Value Revenue Cash Flow Valley of death Time Seed Angel Venture Equity Public Capital Investment Adapted from Space News Aug.29
3 Burgeoning LEO Space Economy Established Activities New Opportunities Scientific Research World space agencies and industries spend almost $400 million annually on in-space research In-Space Assembly Assembly of systems of all sizes to be used in space. Exploration Support NASA, ESA, China, Japan, Russia and others are committed to long-term exploration plans for which a LEO platform will be essential In-Space Manufacturing Technology advances and lower launch costs now make manufacturing feasible, with the fiber optics industry especially eager Space Tourism Russia has already proven that space tourism is a market waiting to be tapped Sovereign Astronauts There is a backlog of nations seeking opportunities to launch astronauts and build human Space Programs 3
4 Forecast Demand Total Addressable Market ($B) Total Addressable Market nearly $37 Billion ( ) $8 $7 $6 $5 $4 $3 $2 $1 Manufacturing Scientific Research Exploration Support Space Tourism Sovereign Astronauts $-
5 Nascent LEO Economy Today the partner countries are using the ISS Infrastructure and Services to nurture commercial users.
6 Transition path Build up of Incremental commercial capability Invite commercial modules to the ISS Gradually transition activity from the ISS to the new commercial entities. Commercial entities will initially need to lean on the ISS infrastructure At ISS retirement, there can be a seamless handover of science and research payloads on orbit to the new commercial station. Government subsidies should continue but at much lower levels for these payloads The International Space Station (ISS) Axiom Module on ISS Future Axiom Commercial Space Station The Commercialization of LEO 3/10/2016 THE PRESENT THE FUTURE 6
7 Making Human Settlement of Space a Reality OCTOBER 11, 2016 BY JOHN P. HOLDREN, CHARLES BOLDEN Recently, NASA asked the private sector how it might use an available docking port on the ISS. One of the potential uses of such a port would be preparation for one or more future commercial stations in Low Earth Orbit, ready to take over for the Space Station once its mission ends in the 2020s. The private sector responded enthusiastically, and those responses indicated a strong desire by U.S. companies to attach a commercial module to the ISS that could meet the needs of NASA as well as those of private entrepreneurs. As a result of the responses, this fall, NASA will start the process of providing companies with a potential opportunity to add their own modules and other capabilities to the International Space Station. While NASA prepares for the transition from the Space Station to its successors, the agency is also working to support and grow the community of scientists and entrepreneurs conducting research and growing businesses in space. A vibrant user community will be key to ensuring the economic viability of future space stations. 3/10/2016 7
8 Axiom Space Vision 5 year Plan Build and Launch a crew capable module that will initially be a part of the ISS 10 year Plan Build and Launch Axiom Station elements and relocate Axiom Module to this new commercial station 20 year Plan Build and launch new elements to grow capabilities and capacity to sustain a large industrial space city The Axiom Module Axiom Vision: To make living and working in Earth orbit commonplace as a means to sustained deep space exploration.
9 Axiom Module Launch Date Initial Location Future Location 2020 International Space Station Axiom Space Station
10 Conceptual Layout
11 Axiom Station
12 Progress To Date and Plan Forward Seed Round Funding Acquired System Requirements Review Completed Space Act Agreement with NASA is signed Study feasibility and integration requirements CR approved Axiom Space, LLC becomes an independent company Continue to obtain MOUs and Letters of Intent PDR scheduled for Dec 2016 Module manufacturer on contract Jan 2017 Module launch Oct