Vega Market Opportunities
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1 Vega Market Opportunities Workshop on VV02 Success ASI, Rome -
2 Contents Space Applications Applications & Launcher Performance Vega Market Mostly Earth Observation Earth Observation Segment Launch Service Demand & Customer Expectations The Competitive Landscape Our Short-Term Perspectives Conclusions 2
3 Space Applications COMMERCIAL Telecom INSTITUTIONAL CIVIL Science & Robotic Exploration Earth Observation Human Technology Navigation INSTITUTIONAL DEFENSE 3
4 Applications & Launcher Performance Mass GEO LEO LEO GEO Ariane 5 LEO Soyuz L2 Vega Orbit Low Earth Sun Synchronous Geostationnary Medium Earth Escape 4
5 Vega Market Mostly Earth Observation Earth Observation, the core business for Vega Commercial remote sensing Civilian remote sensing Defense remote sensing Earth Sciences Electronic Intelligence (ELINT) Vega accessible demand over Science from LEO Technology Satellite technological demonstrators Telecommunications Small clusters of telecom constellations from LEO Source: Arianespace 2013 Market Survey Göktürk 1A ADM Aeolus IXV Reentry Vehicle Sentinel 2 5
6 Earth Observation Segment High growth potential of the segment A booming sector mainly due to the technology miniaturization An ideal path for access to space for many countries Despite some challenges Dependency on governmental customers Uncertainty regarding data policy Competition from aerial data Many applications: Mapping, infrastructure, disaster management, search & rescue missions, agriculture, forestry, maritime surveillance, resource management Revenue ($million) Various technologies: Low to very high resolutions, optical (visible/infrared) or radar Radar Optical Source: Euroconsult 6
7 Launch Service Demand & Customer Expectations Circular Sun-Synchronous Orbits ranging from around 500 km to 800 km Various volumes and masses, with three main classes Microsats: kg range, less than 1 cubic meter Minisats: kg range, typically around 2 cubic meters 1 ton-range class, using almost the full Vega fairing volume Smooth environments and best prices! Two configurations Dedicated launches for Vega-class satellites, typically above 700 kg Shared launches for mini- and microsatellites thanks to the VESPA structure Forecasted demand translates into up to 9 yearly launches, including 3 European institutional ones 700 to 1500 kg 300 to 700 kg 1 or 2 micro/mini 7
8 The Competitive Landscape Main present competitors PSLV Indian launcher Performance: 2 ton to SSO Demonstrated cadence: 3 launches/yr Reliability:no failure in the last 10 yrs Rockot / Dnepr Russian converted missiles Performance: 1.5 ton to SSO Demonstrated cadence: 5 launches/yr Reliability: 1 failure out of 10 Competitors entering the market Falcon 9: aggressive pricing for large NGTO satellites or multiple SSO launches Athena II, Taurus XL and Antares: come back of US players? Soyuz 2-1v Note on Delta II: 5 units left before being retired Competitionalive despitesome difficulties(dnepr), highly aggressiveand competitive! 8
9 Our Short-Term Perspectives VERTA launchers in production New batch to be procured High demand for affordable launch services Priority to be put on cost reduction, in particular through Industrialization Launch rate increase 9
10 Conclusions A vey promising start for Vega, with 2 successful launches A hopeful beginning for Vega on the commercial market, with 5 contracts already signed VNREDSat-1 launched on VV02 Sentinel 2B and 3B, signed with ESA on behalf of the European Commission 2 export satellites to be launched in 2014 and 2015, DZZ-HR and Göktürk 1A Now is the time to turn the Vega outstanding development achievements into a sustainable success story 10
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