Posted on Friday, December 18 2020 @ 10:39 CET by Thomas De Maesschalck
Could SpaceX not only be the driving force behind a new space economy but also be at the forefront of a radical change in communications technology? Morgan Stanley analyst Adam Jonas believes SpaceX could benefit hugely from developing a space-based quantum communications network. This new type of communication offers longer reach, greater configurability, and more security than a terrestrial fiber based network.
The analyst provides no evidence that SpaceX is actually working on this. Morgan Stanley Asia Technology analyst Shawn Kim elaborates that quantum network technology looks very much like the early days of the Internet in 1969.
Jonas unleashed: "From a SpaceX perspective, the commercial potential of quantum communications networks and its potential advantages of its rapidly deploying in-space comms architecture may provide significant optionality to the story and its valuation."Source: Seeking Alpha
"While, to our knowledge, SpaceX has not commented in detail on the enabling technology (ie. particle entanglement generators, quantum repeaters, random number generators, advanced cryogenics, etc) or the economic potential of quantum communications, we believe the company's increasingly dominant position in space, satellite communications and DoD/government work makes this a natural extension of their capabilities. SpaceX continues to solidify its place as ‘mission control’ for the emerging space economy. Important milestones with Starlink, Starship and government contracts dovetail to support strong commercial momentum. We note that our recently revised EV valuation to over $100bn (bull case >$200bn) does not include any direct valuation attribution related to quantum communication networks, quantum based metrology or cryptography."
