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Topic 7

Newspace, Space Business

NewSpace, a new way to do business in space

NewSpace is a global industry of private and public companies seeking to profit from innovative products or services developed for or in space, that primarily targets commercial customers and are backed by risk capital seeking a return. (NewSpace Global)

The NewSpace industry is not only defined by rapid inventions, lower costs, and rideshare, but also commercially available parts and incremental development. The barriers to access space technologies are being reduced and this is the core of this revolution/evolution, together with the innovations in computer sciences such as cloud computing and machine learning. (GeospatialWorld)

  • What is covered by the concept of NewSpace

  • How to adapt classical technologies to the NewSpace constraints

Recorded Topic 7 Presentations


Mohammad Iranmanesh

Mohammad Iranmanesh is a Space Systems Engineer with a strong engineering background. He completed his dual degree at UCLouvain and ISAE-Supaero with a certificate in Management of Innovation from HEC Paris. He has since led the technical work of a range of projects for ESA involving space hardware at all stages of the project lifecycle. He also co-founded, a belgian startup providing a novel platform for microgravity research using glider parabolic flights. Beside this, Mohammad is also the National Point of Contact in Belgium for the Space Generation Advisory Council (SGAC).


Thierry du Pré-Werson

Mr Thierry du Pré-Werson is the Managing Director of SPACEBEL, a Belgian based company involved in the development of Space infrastructure software systems and Earth monitoring applications.

He is a civil engineer in electronics (Master in Engineering Sciences) trained at the University of Liège (ULiège).

In October 1989, after a career of 9 years in software development for SAIT Electronics – a telecommunication company – he joined SPACEBEL to be in charge of the ESA Columbus related projects.

After 15 years of involvement in the development of various scientific and Earth Observation European satellites, he was appointed General Manager and later on CEO of the company.

He is also Chairman of Wallonie Espace, Vice-President of Belgospace and is member of the Board of Directors of several organisations: Skywin, Agoria, YouSpace.


Opportunities for young entrepreneurs in the New Space Economy


Walter Peeters

Professor in Space Business and Management, International Space University (ISU), President emeritus of ISU

Prof. Walter Peeters is the President-Emeritus of the International Space University (ISU), Strasbourg, France and Full Professor in Space Business and Management at the University. In his career he initially covered management positions in the construction and petrochemical industries, joining in 1983 the European Space Agency (ESA) where he was in charge of project control functions and became Head of the Coordination Office of the European Astronaut Center in Cologne. He joined ISU in 2000 as professor, nominated Dean in 2005 and became President in 2011, then President Emeritus since 2018. He was also founding director of the International Institute of Space Commerce. He advised government organizations (Estonia, Australia, Ireland, Oman) on space activities and creation of national space agencies. He is a full member of the International Academy of Astronautics, and Knight in Legion of Honor (Légion d’Honneur) in France. He obtained bachelor degrees in engineering and applied economics (Catholic University of Louvain), a Master of Business Administration (Louvain, Cornell University) and a Ph.D. in Industrial Organization (TU Delft, the Netherlands). He authored 90 articles on incentive contracting, project management and space commercialization, the book Space Marketing (Kluwer, 2000) and an IAA Report on Suborbital Spaceflight (IAA, 2014), currently conducting research on New Space Economy.

Ground to space for space or ground to space for ground: two methods generating profits with innovative space developments.

Oliver Dupont

CEO, Lambda-x

Olivier Dupont, PhD, is the CEO of Lambda-X S.A. The first part of his career, 1985-2020, was academic. During that period, he worked in the Microgravity Research Center, a laboratory of the polytechnic school of ULB where he was involved in the development of various microgravity experiments onboard sounding rockets and the Spacelab D2 Mission. In parallel with the scientific research, he develops as project manager, optical equipment for space and industrial applications. In 1996, he founded with two partners, Lambda-X who designs, develops and manufactures imaging and metrology optical systems.      

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VEOWARE, SpaceTech Scalable by Design


Julien Tallineau

CEO, Veoware Space

Founder and Chief Executive Officer of VEOWARE SPACE, Julien is an Entrepreneur, Engineer and Business Developer with experience in successfully structuring new space businesses, validating customer need, and offering satellite platform and equipment products and services on international markets. Physics civil engineer from education with a specialization in aerospace engineering (Liège University), Julien is also Lecturer & Emerging Department Chair at the International Space University.

Become the next space entrepreneur with ESA Space Solutions Belgium


Nicolas Helssen

ESA Business Applications Ambassador

Nicolas Helssen is the ESA Business Applications Ambassador currently focusing on promoting the ESA Space Solutions programme and supporting potential candidates through a successful application process with ESA and BELSPO. He previously worked at the European Centre for Space Applications and Telecommunications in the United Kingdom as an economic researcher.

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The best of both worlds: matured technologies and new business models

Guerric de Crombrugghe

PhD, Deputy General Manager of ScanWorld


Guerric is enthusiastic and self-driven, eager to understand the world he lives in, and to contribute to a better world. He holds a PhD is aerospace engineering from the University of Queensland, in Australia. Before that, he also obtained degrees from the Louvain School of Engineering, the von Karman Institute, and the International Space University. After working for different aerospace companies, he now dedicates his time to a new challenge in the field of Earth observation.



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