The global space economy is projected to reach $944 billion by 2033, according to the latest report from consulting firm Novaspace. In 2024, the space economy was worth around $596 billion.

New Prospects for In-Flight Connectivity, the 12th annual report on the topic from Novaspace, highlights an increase in connected aircraft, the rise of NGSO-based satellite services and the ...

Novaspace, the space consulting and market intelligence firm, has released the 24th edition of its annual Government Space Programs (GSP) report. The report reveals that global government space ...

Despite challenges including inflation and the potential for far-reaching U.S. tariffs on imports, researchers at Novaspace project the global space economy to soar 7% this year to $620 billion ...

Novaspace, the space consulting and market intelligence firm, has released the 11th Edition of its Space Economy Report, forecasting the global space economy to grow from $596 billion (€578.1bn) in ...

European country budgets reflect contributions to ESA, ESO, and Eumetsat. Credit: Novaspace Join our newsletter to get the latest military space news every Tuesday by veteran defense journalist ...