Oct 21, 2024
Daniel Vrankar presents two working papers at the 75th International Astronautical Congress
At the 75th International Astronautical Congress (IAC) in Milan, Daniel Vrankar had the opportunity to present two working papers about public opinion regarding space and the use of satellite data in financial markets.
In collaboration with Lars Hornuf and Sebastian Fehrler, Vrankar presented the first paper, "What do citizens except from space" in the session "Calling Planet Earth: Large Engagement and Communications Initiatives." The study surveyed over 2,000 participants from nine leading space nations, exploring public views on space law, human space flight, and missions to Mars. The findings reveal that citizens of emerging space nations are more likely to support prestigious human space missions, while those in established space nations prefer cost-effective robotic missions. Additionally, the paper highlights key public concerns, such as increasing military capabilities in space and removing space debris. The paper highlights the top three priorities for citizens in space: monitoring key parts of the Earth's climate system, tracking asteroids or objects that could potentially collide with Earth, and research to deepen humanity's understanding of space.
The second paper, presented in the "Earth Observation Societal and Economic Applications, Challenges and Benefits" session, dives into the financial world. Titled "The Use of Satellite Data in Financial Markets," Vrankar's work demonstrates the growing relevance of satellite data for various financial markets, particularly equity, commodity, and bond markets. Drawing on academic literature, earning call transcripts, and partnership announcements, the research highlights the potential use of satellite technology.