The Cabinet passed on July 13th from the adoption of the draft space law. Due to the current space travel, the technology is growing rapidly. causing many space-related activities to occur Both are operated by government agencies, the private sector, and educational institutions. This benefits the country in many ways, both economically and socially.
The Space Act, or the Space Act, was created as an important mechanism for promoting cooperation in space technology. Carrying out space activities between Thailand and the international This led to the transfer of high-level technological knowledge to the personnel in Thailand. The creation of a New Space Economy is therefore a new dimension that entrepreneurs, large, medium-sized, small or even startups have to pay attention to.
The STARTUP x INNOVATION THAILAND EXPO 2021 addressed this topic as one of the discussion topics on the subject of “Business Development in Space Economy in Thailand” by Mr. Ekachai Pakdurong, Senior Vice President, Thaicom Plc., The country’s aerospace specialist. to create a space economy in Thailand that can happen because current space affairs are taking a long time to build. and doesn’t need a lot of capital
Thailand’s aerospace ecosystem provides services in two sectors, namely business-to-business (B2B) services for organizations and business-to-consumer (B2C) services for general users. There are two ways in which space services can emerge: 1) the manufacturer wants to build 2) the people want to use them. no matter how good the technique is If the answer is not answered in both directions, it is not beneficial to continue.
The space business model can be broken down into 3 parts: 1) Upstream, a company that builds satellites, builds rockets and launches satellites. Whereby Thailand could not reach this point 2) Downstream the satellite design and then commission someone else with the production. and rented rocket launchers, however, the following system can be developed to provide satellite services over television. or offer internet service Satellite numbers from Thailand are in this group and 3) end users who are both general users. and state-private organizations
As for the space application that Thailand can develop within 5-10 years, there are 3 problems: 1) Broadband and Broadcasting: Communication with geostationary satellites is suitable for providing services in a specific area. Lower operating costs or low-orbit satellites to shoot small satellites Tens of thousands of stars are said to be a web of insects around the world. Currently, satellite dishes are cheap which makes it easier to start a business 2) Remote sensing or big data sends small or large satellites to take pictures for data usage, for example agriculture is used to check how many tons of rice are in this province made in this province? or in the case of disease, how crops can be prevented etc. and 3) IoT, placing indicators at the points that need to be tracked, controlled, inspected and sent to satellites for data use, such as: B. the tracking of trucks, trains or ships. to check where the product has arrived
The factors contributing to the rapid growth of the Thai satellite business are 1) newer satellites have lower unit cost 2) the ability to postpone service for convenience 3) lower cost of rockets 4) satellite can be made into a satellite so that the the price is not expensive, 5) the receiver dish is cheaper so that it is accessible to consumers, and 6) the information received can be further developed using AI and blockchain technology.
Thanks to these factors, the creation of a space economy is faster. But the most important thing Thailand needs to prepare is to develop people or create people with innovation. The government must have policies to create an ecosystem and the private sector must be willing to invest in the provision of services. and must have money from sources of funding to support it
Stay tuned for online discussions of various experts at the STARTUP x INNOVATION THAILAND EXPO 2021 under the concept “DEEPTECH RISING … The Next Frontier of Innovation”, which raise the level of technology in depth … drive the country. Takes place between September 15th and 18th via the website https://site.nia.or.th.
