Everyone is hyping the wrong angle of the Space Race 🚀
WHAT’S UP ⬆️: CPG + Commercialization of Space
Everyone knows we’re in the midst of a (literal) moonshot mission. But don’t be distracted by the hype around Richard Branson vs. Jeff Bezos vs. Elon Musk’s space tourism. Though if you’re an early bird, there’s still time to livestream the lift-off of Branson’s Virgin Galactic’s first fully crewed test flight.
Their advancements in commercial space travel are turning the topic of “space” from a niche Velocity topic to a more mainstream “Mass” topic because space travel & tourism always felt like a far off fantasy… today’s launch finally makes space tourism feel like reality.
Everyone is so focused on getting to space… but you are focused on the wrong part of the space race. We know we can send people to space… we’ve been doing that since the ‘60s.
The topic that’s bubbling under the surface & gaining velocity: CPG brands investing in space — product innovations, marketing initiatives, and influencers. While Branson, Bezos, and Musk are talking about getting us to space, the real innovators are focused on what comes next — the more trivial elements of actually being out in space.
Here are a few examples of brands & influencers investing in Space that you should be paying attention to:#1: Estée Lauder: In Sept. 2020, as part of NASA’s low-Earth-orbit commercialization program (which is separate from ISS National Laboratories’ efforts), Estée Lauder sent 10 of its Advanced Night Repair bottles to space in order to be photographed by astronauts. Those assets were used as marketing materials. Estée Lauder Companies said in Sept. 2020 that the bottles would return to Earth this spring and that at least one bottle will be auctioned off later in 2021, with profits donated to charity.
Keep your eye on Estée Lauder Companies… if anyone can keep your skin hydrated while in space, it will be them.
#2: Colgate-Palmolive: Sent an oral care experiment to outer-space in early June in what could be considered “one small step for man, and one big step for the beauty and personal care industry.”
Colgate-Palmolive’s experiment centers around learning more about the growth and metabolism of oral biofilms… “What this experiment enables us to do is create new toothpaste and other types of [oral] therapies. [It] could impact 60% of the population who get gum disease. It is a huge opportunity for us to learn more about the formation and the prevention of dental plaque,” said Patricia Verduin, Colgate-Palmolive CTO. “From a brand perspective, we see this as consistent with our brand. People trust Colgate and what [is] a better relationship [to convey to consumers] than sending Colgate up to space? The space program is the ultimate representation of optimism and trust.”
#3 Procter & Gamble: P&G is heading to space — they signed a Space Act Agreement with NASA to test laundry solutions on the International Space Station. The two groups began collaborating in August 2020 to develop NASA Tide and plan to work together at least through the end of the decade. The first cargo launch will be in 2022, named Mission PGTide. It will transport the detergent, which will be tested on the stability of its ingredients under microgravity conditions and exposure to radiation. Tide to Go Wipes and Tide to Go Pens will be tested for stain removal performance.
#4 Balenciaga: NASA is looking to commercial partners to help develop the next generation of spacesuits and spacewalk technology
While not the official partner (yet) Balenciaga is working on their application with their latest NASA collection. First debuted in the luxury brand’s FW21 video game, the capsule revamps traditional astronaut wear — complete with the NASA logo — into jackets, graphic tees, bags, and even socks. The brand’s Space Parka has reinterpreted the classic white astronaut suit into a ripstop puffer jacket you can wear on Earth, complete with multiple cargo pockets, red accents, a carabiner, and a slew of space-themed patches.
#5 Kellie Gerardi: The researcher, author and social media influencer recently learned she will be heading to space on a flight with Virgin Galactic.
When she blasts off, Gerardi will be wearing a biomonitoring suit called Astroskin under her gear to monitor how the body reacts to the journey. “This will be the first time we’re collecting data where someone’s wearing it during launch, re-entry and landing,” she explained. She will also be performing an experiment on how fluids react to a confined environment in microgravity — and the results could affect how medicine in syringes is administered in space.
Her social media followers will be tracking her trip — Gerardi has 137,000 on Instagram and 525,000 on TikTok. “Over the years, [my accounts] fully transformed, from aspirational to inspirational,” she said, noting that she often shares her research in an effort to be more inclusive. Before, “There was a feeling that I was on the inside instead of the outside. I’m trying to bring more people along.”
Stay tuned for TikToks from space…
WHAT’S DOWN ⬇️: Ignoring cultural momentum moments like the current space race.
WHAT’S NEXT: Stay tuned for next week’s topic when we dive into the momentum for ESG investing.