Zooming into the Satellite Industry with Samathorn Teankingkaeo
PART 1
Recognizing potential is a special talent. Whether it is finding potential in a person, investment or product, the ability to recognize positive growth is highly rewarded but hard to attain. This is why, in this second interview of mu Space Sit Downs, we speak with Samathorn or Sam Teankingkaeo, the COO of mu Space Corp, a satellite manufacturer in Thailand. We discuss the potential of satellites in the aerospace industry, his vision of the industry’s growth and his goals for mu Space.
1.
What made you join mu Space Corp?
mu Space is a startup in the satellite and space industry. The space industry represents a new S-curve for Thailand and the world. I have been working in the satellite field for over 20 years, with knowledge and experience in satellites, and I want to continue working in this area. Additionally, in today's world, many new and rapidly emerging things are happening. That's why I'm here at mu Space, the company aims to develop satellite and space technology within Thailand by Thai people, contributing to the global space industry. The goal is to provide knowledge to Thai people and generate income for Thailand.
2.
What are the potential opportunities you see for mu Space in terms of technology and commercially?
As the space industry represents a new S-curve for the world with high growth rates and significant overall value, mu Space's development of its own satellite and space technology, along with potential government support for new space-related startups in Thailand, could lead to Thailand having its own satellite and space technology. This continuous development could result in mu Space experiencing continuous revenue growth, and Thailand generating increased income from satellite and space products and services, aligning with the global growth direction of the satellite and space industry.
3.
When you newly got into this industry, did you ever see satellites reaching this far in terms of international collaborations, governmental utilizations and commercial markets?
The usage of various products and services by people today is partly a result of development from the satellite and space industry in the past. These have been improved and adapted for general usage, despite high research and development costs in the past leading to higher prices for products and services.
However, nowadays, many private entities are interested in researching and developing satellite and space technology, resulting in high competition and the emergence of numerous new products and services. Consequently, prices of these products and services have continuously decreased. There is increased international collaboration, and governments are utilizing satellite and space technology more for national development and public services. The satellite and space market has continuous growth potential, as these products and services contribute to increased knowledge, convenience, and well-being for people.
4.
What are potential commercial uses for satellites in the future?
The future commercial use of satellites can be divided into three main categories:
1. Satellite Communication: In the future, satellite communication will be categorized into three types: Low Earth Orbit (LEO) satellites for low latency and high-speed communication, enabling connectivity with vehicles, ships, aircraft, trains, and more, providing global coverage and convenience. There will also be advancements allowing direct mobile-to-satellite communication, enhancing ease of communication.
2. Satellite Imaging: Satellite imagery will become more detailed in the future, with applications that can identify specific crops on Earth's surface, such as rice, corn, and potatoes. This will facilitate accurate analysis of agricultural areas and production. Additionally, satellites will detect CO2 and other gasses for analyzing global warming and supporting carbon credit-related business activities.
3. Satellite Positioning: In the future, satellite positioning will become more accurate, allowing remote control of robots and machinery for construction purposes. Buildings and other structures can be created with precise coordinates provided by satellites, eliminating the need for human presence on the construction site.
Stay connected and never miss out on captivating editions of mu Space Sit Downs by staying updated through our social media pages and YouTube Channel. Delve deeper into the world of mu Space as we bring you insightful interviews featuring key members of our team.
