Posts Tagged ‘economy’
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.
Read MorePentagon Pivots with Big Bet on Commercial LEO Satellites
The Pentagon placed a big bet on commercial space services when it issued its first open-ended contracts worth as much as $900 million to 16 companies offering communications and remote sensing services from low-Earth orbit.
Read MoreU.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.
Read MoreSpace 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.
Read MoreQuilty 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…
Read MoreState 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…
Read MoreGlobal 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…
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