The 2024 AIAA David W. Thompson Lectureship in Space Commerce is awarded to Sir Martin Sweeting, Executive Chairman, Surrey Satellite Technology, Ltd. (SSTL) and Distinguished Professor, Surrey Space Centre, University of Surrey.
Sweeting’s lecture, “Small Satellites - The Foundation of NewSpace,” traced 20 years of small satellites’ impact on life on Earth and look toward future developments. The emergence in the early 2000s of low cost and rapid response, yet operationally capable small satellites initiated a fundamental gear-change in the economics of space. Two decades later, small satellites are mainstream and the basis of mega constellations in low Earth orbit providing communications and Earth observation services with the private sector now playing a dominant role. Recent developments in launchers, both large and small, have accelerated this trend, often referred to as “NewSpace,” enabling far wider participation by nations and commercial companies. The next generation of launchers on the horizon will stimulate the next gear-change in space, with dramatic implications for industry and society.
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