The International Space University announced the opening of the first space course of its kind in Israel, as the global private space sector is amid a period of rapid expansion.
The course will be geared to executives, risk capital managers, high-tech figures and representatives of corporations who want to go into space-tech development. The program is offered in five countries, with Israel being the sixth.
The International Space University is a non-profit institution, founded 18 years ago, dedicated to research and development of space applications and offers courses that are considered prestigious and in high demand. In Israel, the course will open in cooperation with the Ramon Foundation, and is aiming to train participants in all aspects of private space technology and global space industry trends.
The Executive Space Course will have 25 students, experts in their field with at least five years of management experience oriented toward the space industry. The course will begin in October 2021, and will last five days (40 academic hours). During the course, students will attend tours at space technology companies, international experts will give lectures and industry professionals will be invited to networking events. The cost of the course is 3,500 euros.
Faculty members of the International Space University are senior officials at NASA and the European Space Agency, experts from international consultancy firms, investors, managers of space missions and senior figures in the Israeli space industry. The syllabus will be designed by Ofer Lapid, a senior figure in the Israeli space industry and a member of the board of directors of the International Space University. Investors, engineers and entrepreneurs from Israel, the eastern Mediterranean and the Gulf States are expected to participate in the course.
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Over the past decade, civilian space industries have changed into what is now known as “New Space.” In the past, the dominant entities in space in Israel and abroad were government agencies, security industries and giant corporations. The reduction in the cost of launching rockets by private companies like SpaceX and Blue Origin is one of the main impetuses for the change. This led companies and investors to enter the field of space. According to data from the venture capital fund Space Capital, in 2020, $8.9 billion were invested in space infrastructure companies (such as satellites and launching) and another $16.7 billion in companies dealing with various applications involving space (communications, location, navigation, and other aspects)