Collective of Space Minds

👽 We need your mind 🧠 🚀 How can we develop the next generation in our industry? 🌍 One of our key initiatives is transferring valuable skills from terrestrial industries to space and back. 🔁 Whether you're in aerospace, tech, healthcare, or any other field, your insights can help shape the future of space for humanity. 🤝 We want to know from you:      🔹 What makes a great mentor?      🔹 What are the most valuable transferable skills you have used?      🔹 What have you learned from companies in other industries? #SpaceIndustry #WorkforceDevelopment #SkillTransfer #FutureOfSpace #CollectiveOfSpaceMinds

🔮 Who’s got the space crystal ball? Consulting firms often release industry predictions touting huge investment opportunities in space tech. They typically look like this: ❌% CAGR + New Business = ❌❌ trillion dollars by 20❌❌ Companies then claim, “If firm ❌ said it, our business value will skyrocket ❌,000% by 2040!” Sounds like the investment opportunity of a lifetime! 💸 But how accurate are these predictions? What are they getting right? Where do we need to course-correct? What if we shifted our focus? Instead of chasing arbitrary point valuations, what if we work backward mapping the ranges of possible futures while studying enabling technology and economics? We at the Collective of Space Minds are exploring just this, evaluating perceived and possible trends to better prepare the space industry for all possible futures. Follow and engage if you’re interested in helping with this mission! 🤝 #SpaceIndustry #FutureOfSpace #Innovation #TechnologyTrends #MarketValuations #SciFi #FutureScenarios #SpaceTech

“Where Does Your Company Fit Into The Value Chain?” ✨✨✨ Infinite Horizons Insights - 003 ✨✨✨ For the complex supply chains of space industry business, understanding where your company fits into the value chain is paramount. It's not just about knowing your product or service; it's about grasping how money flows through the entire ecosystem. This understanding is key to ensuring that your business model isn't just creating value, but also capturing it effectively. When you know how value is generated from upstream suppliers, amplified by your business, and distributed to downstream applications, you can pinpoint where the greatest opportunities lie. 📊 Just as the space industry needs to bridge the gap between missions and tangible benefits for humanity, every business must connect its offerings back to the value they bring to customers and stakeholders. What steps are you taking to understand and optimize your company's position in the value chain? #SpaceIndustry #BusinessStrategy #ValueChain 🌟

“Your {Space} Company Needs an Earth Strategy. Now.” ✨✨✨ Infinite Horizons Insights - 002 ✨✨✨ Happy #StarWarsDay! The force combines and connects all living things, much like the space industry should. Space is an industry full of high capital expenditures, long-term investments, and a healthy amount of idealistic delusion. The last several years have seen an explosion of startups across the industry, many in market niches that don’t exist or struggle to close their business case today. These niches need a major injection of: 💸 Funding 🤝 Customers 🧠 Talent In December of 2022, Harvard Business School published the article “Your Company Needs a Space Strategy. Now.” (link in comments) discussing how data, capabilities, resources, and markets from space promise to augment & optimize terrestrial business models - but what about the inverse? Your {Space} Company Needs an Earth Strategy. Now. 🌎 Long term goals + Unknown Markets = Less accessible path to revenue + profit This creates a greater need for terrestrially applied business models to bridge the Valleys of Death your business will encounter. Ultimately,  #space missions need to provide value back to humanity. For commercial business models to succeed, they need to connect some value and service back to the people of Earth, promoting space as a value-adder, like enabling #dualuse technology advancements. What companies have you seen spin out dual-use Earth and Space businesses? And which ones currently show the promise of a similar application? #Maythe4thbewithyou #spaceindustry

“If you had unlimited resources, what would your mission be?” ✨✨✨ Infinite Horizons Insights - 001 ✨✨✨  We asked each of our #IHS24 retreat participants this icebreaker question ahead of our discussions on how the space ecosystem can accelerate #globally. Framed by our three pillars: 🤖 For Technology 🚀 For Industry 🌍 For Humanity The answers varied, but revealed a common theme: These missions cannot succeed without  #clear value to the people of Earth and cross collaboration with terrestrial industries. As Sam Jordan, our resident #strategicforesight expert, put it: “The space industry needs compelling scenarios to attract other industries. Potential #investors must understand how their investment in space will lead to efficiency improvements or new value creation.” Paraphrasing Camille Elizabeth Bergin, the Galactic Gal: The #spaceindustry has traditionally communicated “by space, for space”. The focus should be “by space, for Earth”, and the inverse, “by Earth, for space”. We’ll be expanding our insights on how new value creation comes at the intersection of #Earth and #Space, but first we want your input: 💸 If you had unlimited resources, what would your mission be? #SpaceForEarth #EarthForSpace

What. A. Weekend. 🌙 An absolute resounding success hosting our inaugural flagship event, Infinite Horizons Summit 2024 in Breckenridge 🏔 ✅ Industry problems were tackled 🚀 Professional development was accelerated 🧠 Knowledge was transferred 🤝 Networking was facilitated ⛷ Slopes were crushed A very special thanks to Sam Jordan and our friends at the Future Today Institute. Sam facilitated an extremely valuable #StrategicForesight workshop with our group to advance the way the space ecosystem prepares for the #future. Looking forward to many more FTI x COSM collabs 👀 To our members who joined us, thank you. Your intellectual curiosity and innovative discourse are making an indelible impact on the space ecosystem - #COSM is here to amplify the unbelievable work you all are executing. The best part? We’re just getting started. 😎 Stay tuned for upcoming Infinite Horizons Insights to accelerate your personal and your business’ impact through the #space ecosystem ☄ Want to learn more about how you can help build the future? Head over to our website or reach out via directors@collectiveofspaceminds.org For Technology, For Industry, For Humanity 🌙 #IHS24 #SpaceIndustry

It's with great excitement that we announce the official launch of COSM - a nonprofit dynamically dedicated to propelling the space ecosystem forward through innovative collaboration. Via a series of retreats, papers, and facilitation of meetings, we'll provide actionable insight to overcoming some of the most prevalent roadblocks preventing a vibrant in-space economy. Space should be a global tool for humanity and our goal is to increase that access to a broader community. Follow our page as we embark on a mission to foster deeper discourse, meaningful collaboration, and groundbreaking solutions through the space ecosystem. collectiveofspaceminds.org #spaceinnovation #spacedevelopment #industrycollaboration