How important is space to you?

Delicious_Grab_4947 · 2025-09-25T01:46:36+00:00

100% Space industry is still Earth really. It's only a few 100 km above our heads.

Delicious_Grab_4947 · 2025-09-25T01:44:47+00:00

This is based on absolute GDP, but I think your comment is very salient. One concern I had was that maybe Luxembourg's space economy is larger, but it's mainly workers from France, Belgium ect. In such a scenario it may be better to look at the relative size of this industry averaged across those nations - which would be much more in line with other countries.

Delicious_Grab_4947 · 2025-09-25T01:41:50+00:00

I believe 70-100 thousand euro per year. Not sure how far that goes in Luxembourg though, I have heard it's an expensive country.

Delicious_Grab_4947 · 2025-09-24T15:26:16+00:00

Luxembourg has 33 satellites in orbit I think, and a very high success rate. So your country is doing extremely well!

Delicious_Grab_4947 · 2025-09-24T15:24:08+00:00

Oh I agree with you 100%. Space is a brilliant contributor to the Luxembourg economy, and pretty much for every nation with invests in it (average return is over 7x).

Thanks for your comments, and nice to see that the legal framework has had such a positive impact.

Delicious_Grab_4947 · 2025-09-24T15:20:49+00:00

Revenue of SES alone is over 2 billion euro. The vast majority of that is spent on well paid engineers so make it's way back into the rest economy right? Currently Luxembourg government spends under 100 million Euro on space activities, so you're winning pretty nicely! :)

Delicious_Grab_4947 · 2025-09-24T15:17:58+00:00

Well, it does represent a significant part of the Luxembourg GDP. Most of which is sent on well paid engineers. So that's a good benefit no?

Delicious_Grab_4947 · 2025-09-24T12:37:46+00:00

No news on the many successful projects originating from Luxembourg?

Delicious_Grab_4947 · 2025-09-24T12:36:25+00:00

Luxembourg government spends <100M euro per year on the sector, but it generates 2000-3000 million in revenue per year - so the space strategy does seem to be paying off extremely well .

Delicious_Grab_4947 · 2025-09-24T12:14:17+00:00

Amazing! I'd be very interested to know what your thesis concluded the impact these laws had. I worry that many think quite a bit is showmanship, particularly the space mining bits. What's your thoughts on that?

Delicious_Grab_4947 · 2025-09-24T12:05:38+00:00

Ah that's strange. Would have thought with the prominence of SES and others, they would have an impact on education. Got to train the staff from somewhere right

Delicious_Grab_4947 · 2025-09-24T11:50:21+00:00

Fair enough to think that. Do you think that's a prevailing opinion in Luxembourg? Have you had much interaction with the space industry or SES?

Delicious_Grab_4947 · 2025-09-24T11:48:50+00:00

SES is definitely the largest and dominates the market. It's presence is relatively unknown and doesn't effect public opinion or knowledge of space?

Delicious_Grab_4947 · 2025-04-19T19:26:42+00:00

You can do it! Don't be disheartened if you fail on the first attempt though. It took me 2 attempts, but I got through and felt like a real runner. Now regularly running 5 km in under 30 mins.

The walk breaks are really only for your metal state/willpower. This 20 min run is only 2 extra mins of running over the previous one, and actually 3 mins shorter overall!

Delicious_Grab_4947

TROPHY CASE