Commercial Space

The commercial space market, also known as the private space industry or NewSpace, is experiencing strong growth. This burgeoning sector encompasses activities such as satellite manufacturing, space tourism, rocket launches, satellite services and space exploration initiatives driven by private companies. Players like SpaceX and Blue Origin on the launch side, or Planet and Maxar with their in-orbit satellite constellations are revolutionizing the industry, making space more accessible and cost-effective. The demand for satellite internet, Earth observation, and space-based services has fueled investments and technological advancements. With the rise of reusable rockets, commercial crew missions, and ambitious plans for space mining and Mars colonization, the commercial space market is poised for exponential growth, promising exciting developments and opportunities into the future. 

News & Analysis

Nov 19, 2024
Arianespace says it has signed an agreement with Exotrail to launch the company’s geostationary version of its Orbital Transfer Vehicle.
Nov 19, 2024
The EU expects to explore the possibility of fostering homegrown responsive space options, though it has not settled on how it might pursue such a path.
Nov 19, 2024
Lockheed Martin and the UK Space Agency say they are assessing plans for how to deliver the Pathfinder space launch from the UK.
Nov 19, 2024
The European Space Agency is looking to revamp how it implements technology programs to better support its member states' companies as competition in the sector heats up globally
Nov 15, 2024
As low-Earth orbit is becoming increasingly busy, progress in AI could help reduce debris collisions and detect hostile spacecraft.
Nov 19, 2024
Arianespace says it has signed an agreement with Exotrail to launch the company’s geostationary version of its Orbital Transfer Vehicle.
Nov 19, 2024
The EU expects to explore the possibility of fostering homegrown responsive space options, though it has not settled on how it might pursue such a path.
Nov 19, 2024
Lockheed Martin and the UK Space Agency say they are assessing plans for how to deliver the Pathfinder space launch from the UK.
Nov 19, 2024
The European Space Agency is looking to revamp how it implements technology programs to better support its member states' companies as competition in the sector heats up globally
Nov 15, 2024
As low-Earth orbit is becoming increasingly busy, progress in AI could help reduce debris collisions and detect hostile spacecraft.
Nov 14, 2024
Terms of the contracts were not disclosed, nor how many launches each company was awarded.
Nov 14, 2024
Thales forecasts earnings margins to bounce back to more than 7% by 2028 from the 1% the business generated last year.
Nov 13, 2024
Spire Global says it has agreed to sell its maritime business to ship tracking provider Kpler for around $241 million to retire all its outstanding debt.