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Our Project
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Graph of objects launched into Space over time
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Graph of Gross Output in Space Economy
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Graph of Gross Output by type of sector
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Monte Carlo Simulation for Private Sector
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Monte Carlo Simulation for Public Sector
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ARIMA forecast for Public Sector
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ARIMA forecast for Private Sector
Inspiration
The space economy is a rapidly growing sector and we want to look into the data surrounding its growth.
What it does
We looked into economic data surrounding the space economy and created projections aimed at potential investors in the Space Economy. In recent years, many investors have called the space the next big industrial revolution, but our project looks at its short term projections over the next couple years after 2023, where our data ends.
How we built it
python, numpy, matplotlib, plotly, statsmodels, seaborn, pandas, and streamlit excel for some cleaning
Challenges we ran into
We initially made all of our plots in matplotlib and had to translate to plotly We also had issues with deploying our site
Accomplishments that we're proud of
The graphs, visuals, the ability to make something in such a short time.
What we learned
Modelling, Monte Carlo simulation, Plotly
What's next for Lifting Off in the Space Industry
Further analysis with more data
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