May the 4th be with you

It's not far, far away  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company Space, outside the movies The future of space is looking up: over 70 countries now have dedicated space stations, representing efforts around the world to reach for the stars. Private company spending on space ventures topped $10 billion in 2021—an all-time high—flowing both into research and development and into the nascent space tourism industry. Experts are also beginning to look toward not only joyrides but business in space, including “space for space” industry conducted far from the surface of Earth. To celebrate #StarWarsDay, do or do not explore (there is no try) our insights to discover: the biggest sources of public and private space funding the future of the “space for space” industry the dangers of the 27,000 pieces of space junk in orbit how to create a better design than the Death Star Read more Look out below: What will happen to the space debris in orbit? With more satellites and space debris in orbit, it's time for a new approach for mitigating collisions. Clean up   Outer space in 2030 In this video, three of McKinsey's aerospace experts describe the ways in which future activity in space will benefit people on Earth—and some challenges that could arise along the way. Watch the video Making aerospace 'diverse and dynamic': An interview with Airbus U.S.'s Debra Facktor One of the highest-ranking female executives in the aerospace industry foresees a space economy—and a space workforce—that look very different from today's. Shoot for the stars   Lockheed Martin's Joe Landon on the emerging space economy We may be approaching an age in which companies conduct business in orbit or on the moon, says Lockheed Martin executive Joe Landon. Move towards the cosmos   Building a better planet with satellite data Spire CEO Peter Platzer says the answers to some of Earth's biggest problems can be found in space. Reach for the stars   Seeing Earth from space: The power of satellite images Satellite images don't just show Earth's beauty—they can also help improve society and the global economy, says Planet Labs cofounder Robbie Schingler. Understand the implications The business value of design Searching for your next chief design officer or just getting started in the role? Explore our collection on design leadership, which covers the evolving role of the CDO and how top designers can successfully transition into the C-suite. Four areas of action Wall Street to Mission Control: Can space tourism pay off? With the COVID-19 pandemic curtailing earthly travel, space tourism may seem like a far-fetched dream—but some companies are betting on high demand. Expand your horizons   Space: Investment shifts from GEO to LEO and now beyond Investors have recently focused on space ventures in low-Earth orbit, but interest is growing in lunar and beyond orbital regimes. Here's what you need to know about this ongoing trend. Shoot for the moon   R&D for space: Who is actually funding it? Government still funds most space-sector R&D, but private companies have recently driven a notable uptick in overall investment. Fill the space   The future of air mobility: Electric aircraft and flying taxis Hear McKinsey experts and industry pioneers describe what’s coming in the world of “advanced air mobility” (AAM) and how it could affect passengers, pilots, and our planet. Fly away To see more essential reading on topics that matter, visit McKinsey Themes. — Curated by Sarah Skinner, digital editor, New York Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to our Advanced Industries alert list. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007