Standard & Works spoke with Ken Biberaj, Executive Managing Director at Savills, a leading advanced manufacturing site selection expert, to understand the state of the Space CapEx race:
“Every company in the future will be a space company,” Ken says. “As you think through the supply chain not only for a space company, but what will be needed in space, it opens up broad parameters – from technology tools, to communications tools, radar tools, mining, and solar capabilities.”
What this means for companies deploying CapEx: You no longer need to be located at a launch site or NASA facility.
What this means for economic developers looking to get in on the action: “It opens up the opportunity for states and localities to come up with their own space story,” Biberaj tells me.
Yes, but: You can’t declare a space strategy without having the ecosystem to validate it.
Go Deeper:
Why Huntsville, Alabama was a logical choice for Space Command.
