Economy
Quilty Space 2023 Q4 Transaction Update
The S-Network Space Index℠ 2023 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; launch vehicle and satellite manufacturing, deployment, operation, and maintenance; manufacturing of ground equipment that relies on satellite systems; development of space technology and hardware; and space-based imagery and intelligence services.
Nation in Review: Japan
As the space economy continues to grow, Japan is capitalizing on new opportunities in the public and private sectors. Government budget increases, private industry investment, and international cooperation are contributing to the nation’s plans to double its space market in the coming decade.
Senate Approves Bill to Limit Space Debris Amid Budget Battles
A measure aimed at reducing space debris has passed the U.S. Senate with unanimous support and is headed to the House floor. The Orbits Act would require NASA to establish a pilot program for clearing debris from orbit, and orders tighter regulations to limit space junk.
Scotland’s Bold Plans Seek to Rule European Space Markets
With expertise in small satellites and coastal launch facilities under construction, Scotland aims to capture nearly $5 billion of the global space economy by 2030. It’s a rapid transformation for a country within the United Kingdom that had virtually no space firms 20 years ago and now boasts more than 8,000 space workers.
Quilty Space 2023 Q3 Transaction Update
For the quarter, the S&P 500 index saw a loss of 4%, and the NASDAQ posted a loss of 4%. While our Core Satellite and Space Index outperformed both indices posting a gain of 3%, the Frontier Index, largely comprised of emerging companies, lost 11%, driven by perceived risk and balance sheet issues in some of those composite companies.
India P.M. Calls Safe Landing of Lunar Probe ‘Dawn of a New Era’
Space workers in India celebrated the landing of their Chandrayaan-3 probe, making it the fourth nation to safely land a spacecraft on the Moon, and had their efforts lauded by Prime Minister Narendra Modi. “India is on the Moon,” Modi boomed in a broadcast to India’s 1.4 billion residents.
As Russia, India Reach for Moon, NASA Supporters Work to Stop Budget Cuts
As India and Russia race to land spacecraft on the Moon’s south pole, America’s space agency is staring down proposed budget cuts. India’s Chandrayaan-3 is poised to make a soft lunar landing, which would make the nation one of only four spacefaring powers to ever place a payload safely on the lunar surface.
Militaries Increase Spending on Space as War Hits Europe, Tensions Rise in Asia
As 2021 ended, Russia launched a ground-based anti-satellite missile, spreading debris in space and foreshadowing a difficult year ahead, which would see global defense spending reach unprecedented levels while Europe grappled with the most serious conflict seen there since the guns went silent in 1945.
Snapshot: The Global Space Economy, 2022
A snapshot look at 2022 global space economy including commercial infrastructure and support industries, space products and services, U.S. Government space budgets and global government space budgets