ISU - Summer 2024

Moon missions generate $42bn over next decade, NSR says

Artemis. Image: NASA

Paris, 22 April 2021. – Moon missions will generate more than $42 billion of revenue for the international space sector, NSR newest Moon Markets Analysis report found.

The report forecasts 140 Moon Missions launching over the next decade to generate $42.3 billion, NSR said. Major growth areas include orbital and surface infrastructure building.

NSR sees 68% of the total market revenues  to be generated by 2030 and dominated by lunar surface missions. The new report also forecasts the future revenue opportunity for lunar transportation, communications, remote sensing to equal $3.5 billion between 2020-2030.

“The race back to the Moon has begun, this time with a stronger focus on creating a sustainable and economic ecosystem”, states Dallas Kasaboski, Principal Analyst and report co-author. “Following the commercialization of low-Earth orbit, governments are turning to the commercial market, providing opportunity for the development of commercial capability with true long-term potential.”

Check Also

COSPAR Kicks off 2024’s Scientific Assembly in Busan

COSPAR has kicked off the COSPAR 2024 Scientific Assembly in Busan, celebrating the theme "Team Spirit in Space Research." The assembly counted around 2800 participants from over 60 countries with attendees engaging with scientists, presenting over 3000 talks and posters, and participating in 150 scientific events. The Assembly brought space leaders from KASA, NASA, CNSA, ISRO, JAXA, ASI, and the UAE together, with the roundtable of Space Agency leaders featuring the next decade of space science programs from each agency. Also, space sustainability emerged as a major recurring theme.