Economy
Nation in Review: France
France has always been a pioneer in space: It was the third nation to establish a space program, and it led Europe’s launch vehicle development. Military and civil space strategies from the past few years have planned for the completion of new military satellite constellations, the first launch of the new Ariane 6 launch vehicle, and an increase in domestic space industry investment.
Quilty Analytics Annual and 2022 Q4 Quarterly Transactional Update
The Year in Review The dealmaking environment changed significantly in 2022. It was a year in which the benchmark S&P 500 public equity index declined 18% (its worst showing since… The S-Network Space Index℠ 2022 Performance
The S-Network Space Index℠ tracks a global portfolio of publicly traded companies that are active in space-related businesses such as satellite-based telecommunications; transmission of television and radio content via satellite . . .
Defense Spending Increase Targets Commercial and Military Satellite Protection
Defense space initiatives received an additional $2.2 billion in appropriations on top of the initial request for fiscal year 2023 alongside a first-of-its-kind shift in stated strategy.
“Space Matters” Panel Examines U.S. Policy, Government Space Spending for Wednesday Episode
Led by former Rep. and Moon Walker Associates CEO Bob Walker, Space Matters convenes former NASA administrator and former Rep. Jim Bridenstine, BryceTech CEO and founder Carissa Christensen, and Constellation Advisory President and Founder Patricia Cooper to provide unparalleled analysis into space programs and the regulatory and business environment.
November Space Council Meetings Could Shape Commercial Regulations
The National Space Council asked for comment on new commercial space systems and how the commercial space sector could be regulated during a pair of online meetings set for November. The council wants input from industry and the public. The move is part of a Biden Administration push to deal with issues including crowded orbits and the safety of space tourists.
U.S. Defense Strategy Document Pledges Commercial Space Protection
In a first-of-its-kind shift in stated strategy, the Biden Administration pledged, in a document that outlines Pentagon plans, to protect growing American commercial interests in space while advancing military space capabilities and international cooperation in orbit. Military space has returned to the spotlight in recent years after a slump that accompanied the end of the Cold War.
Nation in Review: Bahrain
The kingdom of Bahrain is the smallest country in the Middle East, measuring only 294 square miles with a population of 1.7 million people. The small nation is an ambitious emerging playerin the space sector.
Budget Gridlock Delays Spending on New U.S. Space Programs
Congressional gridlock delayed a 2023 spending plan for U.S. government space programs, which have made up about 12 percent of the global space economy in recent years. The delay stalled budget increases for NASA and the Pentagon topping $6 billion, but a stopgap measure keeps agencies operating at 2022 spending levels.
Quilty Analytics Q3 22 Quarterly Transactional Update:
The macro environment and public equity market conditions remained highly volatile during the third quarter, a quarter that saw the bellwether S&P 500 equity market index decline by 5% with heavy losses in late August and through most of September. Against this less-than-favorable backdrop, satellite and space mergers and acquisitions(M&A) and equity financing activity remained in line with the previous quarter.