Economy
SNAPSHOT: Global space economy
The global space economy totaled $546 billion in 2022, 8% higher than 2021 — and it could reach $772 billion by 2027, according to Space Foundation analysis.
Budget proposals deny increases to NASA, Space Force
Federal space budgets would shrink in 2025 under a March proposal issued by President Joe Biden. The budget, which comes after several years of spending increases on space programs, has been tied to NASA layoffs and program delays.
INSIGHT: American dynamism sustains U.S. advantage
Space holds nearly limitless commercial and scientific potential. It is also essential to national security: maintaining freedom of action in space, and the protection of space-based assets, is fundamental. Rivals, led by China . . .
INSIGHT: LunA-10 – DARPA’s bridge to the lunar economy
For space programs and companies, the Moon looms large as a contested frontier of space access and commercialization. The cadence of attempted Moon landings is increasing.
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.