Economy


Long Beach rises with the tide of the space industry

Over the past 20 years, more than a dozen space companies have moved to or started operations in Long Beach. The city’s proximity to research universities, military bases, and one of the largest ports in the nation makes it an attractive location for space companies.

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INSIGHT: Rising space nations: 5 high-potential markets to watch

Justin Annibali is chief executive officer and co-founder of Global Space Exchange, a Washington, D.C.-based company that provides market information and analysis of space capabilities and technologies. In this article, Annibali examines key factors for nations planning success in the global space economy.Justin Annibali is chief executive officer and co-founder of Global Space Exchange, a Washington, D.C.-based company that provides market information and analysis of space capabilities and technologies. In this article, Annibali examines key factors for nations planning success in the global space economy.

Justin Annibali is chief executive officer and co-founder of Global Space Exchange, a Washington, D.C.-based company that provides market information and analysis of space capabilities and technologies. In this article, Annibali examines key factors for nations planning success in the global space economy.

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Quilty Space 2024 Q2 quarterly transactional update

For the second quarter of 2024, the S&P 500 index saw a gain of 4% and the investment research firm MSCI (excluding the United States) posted a loss of 1%. The Core Satellite and Space Index posted a loss of 6% and our Frontier Index outperformed with a gain of 24%.

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Satellites central to 2023’s record defense spending

Led by the United States with $835 billion in total defense spending, military budgets around the world grew to record levels in 2023 and appear on track for another record year in 2024, driven by increased tensions in Asia, the outbreak of war between Israel and militant groups, and the grinding conflict in Ukraine.Led by the United States with $835 billion in total defense spending, military budgets around the world grew to record levels in 2023 and appear on track for another record year in 2024, driven by increased tensions in Asia, the outbreak of war between Israel and militant groups, and the grinding conflict in Ukraine.

Led by the United States with $835 billion in total defense spending, military budgets around the world grew to record levels in 2023 and appear on track for another record year in 2024, driven by increased tensions in Asia, the outbreak of war between Israel and militant groups, and the grinding conflict in Ukraine.

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Commercial space revenues climb to $445 billion in 2023

Commercial space activity has grown rapidly in recent years, although definitions for this activity vary. For the purposes of this analysis, commercial space activity is defined to include products sold to private customers and efforts undertaken by private industry in which private actors take on a significant portion of the financial riskCommercial space activity has grown rapidly in recent years, although definitions for this activity vary. For the purposes of this analysis, commercial space activity is defined to include products sold to private customers and efforts undertaken by private industry in which private actors take on a significant portion of the financial risk

Commercial space activity has grown rapidly in recent years, although definitions for this activity vary. For the purposes of this analysis, commercial space activity is defined to include products sold to private customers and efforts undertaken by private industry in which private actors take on a significant portion of the financial risk.

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