A Critical Lens, with Sinead O’Sullivan (European Space Policy Institute)

EPISODE SUMMARY

This week’s Pathfinder features Sinead O’Sullivan, an economist and board member of the European Space Policy Institute. Our discussion explores the intricate dynamics of public vs. private funding in the space industry and the challenges posed by venture capital and institutional investments.

EPISODE NOTES

This week on Pathfinder, we’re joined by Sinead O’Sullivan, an economist and board member of the European Space Policy Institute. Sinead has had a unique career, from her early days in aerospace engineering in Northern Ireland to significant roles on Wall Street and at top academic institutions like Georgia Tech and Harvard. In her free time, she’s written about space, economics, wine, and even music for publications such as the Financial Times, Vogue, and The New Yorker—because who doesn’t love a little light writing and high-profile journalism to unwind?

Our discussion explores the intricate dynamics of public vs. private funding in the space industry and the challenges posed by venture capital and institutional investments. In addition, we discuss:

  • Capital destruction in new technologies
  • The importance of institutional capital
  • …if the industry can maintain its growth
  • The future of space financing

This episode is brought to you by Epsilon3, a cloud-based platform that supports a wide range of operational procedures requiring extreme efficiency and control. Innovative teams at NASA, Blue Origin, Redwire, and Firefly Aerospace use it to plan, execute, and automate their most complex workflows.

• Chapters •

00:00 Intro & Epsilon ad

01:16 Sinead’s background

07:56 Engineer or Economist?

09:49 Sinead, the writer

12:14 Public vs private funding sources

20:00 The sustainability of current private-first funding mechanisms

28:14 Role of DoD in supporting startups

46:39 What will make institutional capital take the space industry seriously?

55:31 Space financing in 10 years

01:00 Irish modern art

• Show notes •

Sinead’s socials — https://twitter.com/SineadOS1

Mo’s socials — https://twitter.com/itsmoislam

Payload’s socials — https://twitter.com/payloadspace / https://www.linkedin.com/company/payloadspace

Pathfinder archive — Watch: https://www.youtube.com/@payloadspace

Pathfinder archive — Listen: https://pod.payloadspace.com/episodes