Space financing

[Sam Fraser]

Hoyt Davidson, Founder and Managing Partner of Near Earth LLC. Near Earth specializes in providing Investment Banking and Advisory Services to companies and investors in the commercial Space, satellite, telecom and aerospace industries. Hoyt Davidson has extensive expertise in Space financing, and has many insights into the emerging commercial Space sector to share with us in this very informative discussion.

http://www.outofthecradle.net/archives/2010/02/eva-interviews-hoyt-davidson-managing-partner-of-near-earth-llc/

Interesting interview.

[Phenix]

The interesting part from the interview is on debris :

As for orbital debris clean-up I have not seen any solutions yet that make economic sense. I would also add that despite the large amount of press it gets, the key problem seems to be the burden and complication of tracking the debris, providing adequate warnings to operators and then maneuvering the satellites, not the actual risks the debris entails. Having spoken to two of the largest insurers of launches and satellites, neither have even tweaked their premiums to cover an increasing threat of in-orbit collision, despite the recent Iridium / Russian satellite incident. Perhaps the best policy the world can adopt is more stringent de-orbiting regulations. I would also suggest we should start designing space hardware to be reusable and develop plans for de-orbiting to Lagrange points for storage and future redeployment versus atmospheric re-entry

Indeed, having all debris of materials in LEO and GEO should be de-orbited to L-4 and 'packed' and available for future constructions.

I would think that business service would be a good enougth to start with.