The Lunar Economy
Itâs Friday, futurists!
Yesterday, our very own Phillip Jackson hosted the EEE Conference to kick off the inaugural Miami eCommerce Week. Scroll to the end in the âSixth Senseâ for a recap of Phillipâs keynote and his swim in the Shark Tank!
Secondly, weâre busy gearing up for our first VISIONS: SUMMIT event at SXSW. Join us for an evening of thought leadership, futurism, brand canon, and cultural critique.
Space is very limited in this one-of-a-kind venue. Register now, or youâll miss out: futurecommerce.com/sxsw
Phillipâs traveling, so today on The Senses, you get little oleâ me, Erin, talking about đ The Lunar Economy.
Spatial Commerce and Space-ial Commerce?? In this Economy?!?!
As if the news of Appleâs spatial commerce wasnât news enough this week, private space exploration company, Intuitive Machines, achieved the historic honor of being the first commercially-funded space landing in history. Their partnership with SpaceX and NASA marks the first moon landing in over 50 years.
The Houston-based publicly traded space exploration company has âopened access to the moon for the progress of humanity.â Not as tight or memorable as âto boldly goâ as far as space mission statements go; and as a galactic layperson, Iâm not entirely sure what that means.Â
But Iâm intrigued.Â
IM dreams of a future where space travel is so so accessible as to offer ride-share systems off-world (so we can finally live out our dreams of Uber surge pricing to the moon). In their âLunar Access Manual,â IM welcomes us to âthe next step in space exploration â the Moon is now within your reach.â
Within my reach? A pretty audacious claim, considering that the modern private space travel industry is little more than the billionaire space cowboys club.
A publicly traded space exploration mission wouldnât be the same without endorsements. Have no fear, because Columbia Sportswearâs logo is plastered on every side of the lunar lander. âI wonder what the CPM is for OOP (off of planet) advertising these days?â
Another striking feature: the logo is roughly twice that of NASAâs. I run operations for a growing media brand; I understand the importance of partner logo placement and size on large projects. And they really said âmake the logo bigger.â
Upon further research, I learned that this lunar lander has six commercial payloads.
They are:
- Columbia Sportswear. The same Omni-Heat Infinity technology in your Columbia ski jacket you bought at the outlets insulates the Lunar Lander.
- Embry-Riddle University: Students at Embry-Riddle created the EagleCam, a first device to take a third-person picture of a spacecraft landing. One of IMâs co-founders is an alumnus.
- Jeff Koons, Artist. Jeff Koons sent up a collection of sculptures, Moon Phases, containing 125 unique artworks each consisting of a sculpture to be installed on the moon, a sculpture to stay on the earth, and a corresponding NFT (what year is it?). Moon Phases is the first authorized artwork on the moon.
- International Lunar Observatory Association. ILO-X is a Moon South Pole observatory, which will capture the first images of the Milky Way Galaxy from the surface of the moon.
- Galactic Legacy Labs: Mission: Lunaprise is a cultural database designed to preserve human knowledge for eternity. Lunaprise can accept text, images, music and video files. Cat pictures, memes.
- Lonestar Data. Lonestar hopes to send data centers to the moon to create the worldâs first extraterrestrial documents.
The press cycle around the landing has been focused on the elements of its public/private partnership, and the commercial viability of the launch. More interesting still are the inclusion of other culturally-relevant 21st-century partnerships: a retail clothing brand, higher education, a work from a living artist, private observatories, a cultural time capsule, and a data center.
NASAâs CLPS program has created unlimited possibilities for space exploration. The role of space exploration has expanded beyond scientific utilitarianism into the realms of cultural celebration. This is no accident: culture and commerce coexist. Wherever commerce goes, culture follows.
âNASA is just one of many customers,â said Gary Jordan, Manager of Communications and Public Aaffairs at NASA from a livestream. âThis [landing] is an important element to ensure this model of transporting incredible science and technology instruments to the lunar surface is a sustainable and robust one.â
Said differently: for mankind to venture to the stars, we need brands to help make it economically viable. If this isnât commerce as culture, I donât know what is.
â Erin
P.S. Until retail shops open in space youâll need to learn how to build them down here on Earth. Luckily, we have a full hour-long podcast this week dedicated to doing just that: building physical retail capabilities for the first time in your DTC business. Listen to our discussion with Rebekah Kondrat and Libby Shani of Rekon Retail on Apple or Spotify
âP.P.S. Space nerd out with me by tuning in to the NASA news conference live beginning at 5 PM ET on YouTube!
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EEE recap featuring FC's own Phillip Jackson with Shark Tank's Daymond John is right over here.