The global space industry is projected to generate over $1 trillion in revenue over the next two decades, including revenue from the development, launch and operation of satellites. Increased activity in recent years, including more launches of satellites by a larger number of operators, has both reflected and attracted substantial new investment. The increased volume […]
UKspace Chair Graham Peters is optimistic about what opportunities and developments 2020 will bring for the space sector in the UK and the wider international space community, building upon a series of significant advances and announcements in recent months. He here outlines his thoughts for the new year: The final years of the last decade […]
The European Space Agency can effectively become the European New Space Agency to meet the requirements of the emerging ‘New Space’ economy, acting as an R&D entity, a partner, a customer and a broker. This was one of the key messages of ESA director general Jan Wörner as he delivered his new year briefing. Noting […]
With $767m invested into space companies in the fourth quarter, total funding for 2019 reached $5.8B, making it the largest year on record for Space investment. Cumulatively, $25.7bn has now been invested into 535 unique space companies since 2009. This past decade, the entrepreneurial space ecosystem has proven itself to be financially robust, increasingly global, […]
In its latest public report “Towards a European Approach to Space Traffic Management”, the European Space Policy Institute (ESPI), an independent research think-tank based in Vienna, Austria, investigated the growing challenges to ensure the safety and sustainability of space operations and looked into the whys and wherefores of a European approach to an increasingly discussed […]
The 5G communications system represents far more than just the next generation of terrestrial mobile services. It will drive a convergence of fixed and mobile services, introduce a new set of technologies and standards, create a network of networks and facilitate communications between everyone and everything, whilst focusing on some key vertical markets. However, there […]
China has had a space program since roughly the same time that NASA was created in 1958. Since the 1970s, China has launched increasingly complicated military, robotic and human missions into space, making it a major spacefaring nation. Until recently, however, China has not had a commercial space sector in which firms vie to sell […]
2019 was another year of significant progress in the Space Tech Market with a record $3.8bn of venture capital invested. Leading mega-constellation SpaceX made its grand entrance and launched a record 120 satellites during the year. SpaceX also achieved the first successful test flight for NASA’s Commercial Crew Program, bringing the US one step closer […]
With the UK an acknowledged leader in satellite design and manufacture, and with national launch capability on the horizon, combined with an associated regulatory framework, the space ecosystem is developing rapidly. But what do we need to do to drive commercialisation within the industry, and what is the required role of the Government going forward?
The UK Space Agency is a little behind in the publication of its spending data this year, having only recently published the figures for September. That saw a total of £5,130,011m of funding awarded to businesses in the form of R&D and capital grants. Total spend for the year to date is now a whisker […]
Every week Space Industry Bulletin updates this page with the latest ESA invitations to tender, taken from the emits pages of the ESA website. For more information and to submit
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