S-Network Space Index vs. Benchmark Indexes, 2022
Assessing the performance of the S-Network Space Index for the entirety of 2022, poor performance during the first half of the year resulted in overall losses of 26.8%. This compares with annual declines of 19.5% for the SNET 3000 and 18.3% for the SNET Global 2500, which had a slightly better first half of the year.
S-Network Space Index vs. Benchmark Indexes, H2 2022
In the second half of 2022, the S-Network Space Index (SNET SPACE) underperformed other benchmark indexes, declining 1.7%. This compares to a 0.3% increase for the S-Network U.S.
Launch Attempts by Country and Mission Type, 2022
While the U.S. typically leads commercial satellite launches, China almost doubled its private missions in 2022—commercial payloads were 27% of the nation’s launches compared to 16% in 2021. Chang Guang Satellite Technology Co. launched five batches of high-resolution imagery satellites for its Jilin-1 constellation and has deployed approximately half of its planned 138 satellites.
Orbital Launch Attempts by Result, 2013-2022
For the second consecutive year, space launches set all-time records as operators sent a historic number of 179 successful missions into orbit in 2022. With 41 more attempts than 2021, the year also set a new record for the sheer volume increase of launches year over year.
Launch Attempts of New, Select U.S. Launch Companies, 2013-2022
But startups increasingly have brought a new wave of innovation to the market. Of the five recent U.S. companies launching new vehicles, SpaceX has moved from innovator to market leader. Rocket Lab, which attempted launch for the first time in 2017, made headway toward reusability by twice attempting to recover the rocket’s first stage using a helicopter in 2022. Firefly completed its first successful flight last year, and Virgin Orbit and Astra succeeded in 2021.
Pentagon space spending has more than doubled since 2005
Space Foundation records show Pentagon space spending has more than doubled since 2005 from $19.7 billion to $41.4 billion
Military space spending at four-year intervals
Chart shows military space spending at four-year intervals during President Barack Obama’s two terms, President Donald Trump’s term, and President Joe Biden’s current term.
Space Workforce Trends in the United States, Europe, Japan, and India, 2011-2021
The U.S. space sector is composed of more than 198,500 individuals across private sector and government organizations. Private sector space employment continued a trend of growth that began in 2016, adding approximately 3,000 new workers from 2020 to 2021 to reach 151,797 individuals. Space manufacturing led this growth, offsetting a slight decrease in the size of the satellite telecommunications workforce.
Indian Department of Space Employment, 2011-2021
India’s Department of Space had 16,786 employees as of October 2021, a decrease of 1.8% from the previous year. India’s Department of Space had 16,786 employees as of October 2021, a decrease of 1.8% from the previous year. About 75% of the workforce is composed of science and technology workers, while the remainder focus on administration.