economy Archives

U.S. Budget Proposals for 2024 Would Add $5 Billion in Space Spending

Unclassified federal space spending would top $60 billion in 2024 under budgets proposed by the White House March 10, with an extra $5 billion planned for civil and military programs.

Space Matters: Experts Call for More Governance in LEO

The Wild West regulatory environment in low Earth orbit was ranked as a top threat to space sustainability by a panel of experts convened for Space Symposium 365’s Space Matters webcast Thursday.

Clockwise from top left, panelists former Rep. Robert Walker, Carissa Christensen, former NASA Administrator Jim Bridenstine, and Patricia Cooper.

Quilty Analytics: Space Market Transactions Cool During 2022’s 1st Quarter

After a torrent of transaction activity during 2021, the first quarter of 2022 saw a downshift in announced deal volumes. In Q1 22, there were six space-related acquisitions and buyouts, 41 private equity and venture equity financings totaling approximately $1.5 billion in funds raised, and three public equity financings, inclusive of two pending de-SPACs, totaling…

State of Space 2022: Industry Enters ‘Era of Access and Opportunity’

By Tom Roeder troeder@spacefoundation.org The space industry has entered what Space Foundation CEO retired Navy Rear Adm. Tom Zelibor dubbed “the era of access and opportunity,” during an annual “State of Space” presentation this month on the foundation’s Symposium 365 online platform. Zelibor was joined by several industry leaders during the presentation, highlighting how satellites…

Global Space Economy Grows in 2019 to $423.8 Billion, The Space Report 2020 Q2 Analysis Shows

COLORADO SPRINGS, Colo. (July 28, 2020) — The global space economy in 2019 grew more than $9 billion over the previous year, reaching $423.8 billion, according to new findings published by Space Foundation’s 2020 second quarter issue of The Space Report. The growth represents a 2.2% increase from the 2018 global space economy, which was…