Space isn’t just for rockets and research anymore. Satellite technology drives precision navigation, automation, and connectivity—quietly powering everything from farming to finance. Troy Thomas, BCG’s global lead for space business, explains why CEOs need a deliberate space strategy to stay ahead of disruption and unlock new growth.

Learn More:

Troy Thomas: https://on.bcg.com/4qhq5ea

BCG on the Space Sector: https://on.bcg.com/4hohjqS

Space Services Are the Next Frontier for Industrial Companies: https://on.bcg.com/47zs3za

GAIA: A Foundation Model for Operational Atmospheric Dynamics: https://arxiv.org/abs/2505.18179

GAIA Foundation Model is available for download: https://huggingface.co/bcg-usra-nasa-gaia

Chapters

00:00- 01:16 Introduction/Troy’s ‘So What’

01:17-01:57 What would a day look like without space?

01:58-04:02 How big is the space industry?

04:03-06:01 The three pillars of space

06:02-08:05 What pillar is the most significant for growth?

08:06-10:40 What can space tech really do for a company?

10:41-12:50 Does every company need a space strategy?

12:51-14:22 What does a good space strategy look like?

14:23-15:52 How do you manage risks?

15:53-16:55 Why would you own your own space assets?

16:56-19:13 Is there enough space in space?

19:14-20:33 BCG’s work with NASA

20:34-22:21 How will space impact the future?

22:22-23:04 Troy’s ‘Now What’

23:05-23:18 Outro