Conclusion

The space tech sector is on an upwards trajectory. This is reflected in launches, objects in orbit, investments, and in patent filings. There is every reason to expect that this will continue, and grow further, in coming years. When it does, protection of branding to cement market position will be essential.

Underpinning much of the space sector is technological advancement and innovation. Advances and iterations are happening across the community from national and international institutions, multinational defence primes and telecoms giants, to nascent start-ups with a good idea. Much of this innovation is likely patent protectable. But, in isolation, patentability is not a suitable criterion for seeking patent protection. It is imperative that the commercial rationale for IP is considered and understood before embarking upon the process. Those that do will use their hard-won resources to pursue only IP that will support the business and will drive and support revenue generation. Where the financial justification is present, consideration of IP provides a substantial pillar to an investment case, which should not be overlooked.