Euroconsult, the space consulting and market intelligence firm, estimates the Earth Observation (EO) manufacturing market to grow to US $76.1B in revenue by 2030. The data were released in the company’s ''Earth Observation Satellite Systems Market'' report. Between 2011-2020, 65% of EO satellite launches were commercial but only captured a negligible 4% of the market value.
Read More »Euroconsult estimates global space economy totaled US $370B
Space consulting and market intelligence company, Euroconsult, estimates that the global space economy totaled US $370B last year. The figures leading up to the estimation can be found in their Space Economy report for 2021. These include the commercial and governmental space market (US $337B), internal costs and R&D of government organizations (US $33B).
Read More »President nominates new eighth lead for NGA
President Joe Biden has nominated Navy Vice Admiral Frank Whitworth to lead the National Geospatial-Intelligence Agency (NGA), the institution responsible for analyzing and distributing satellite imagery for intelligence purposes. Career intelligence official Whitworth, currently serves as a director among top military officers advising the president and senior defense officials.
Read More »China to complete space station this year
China’s main space contractor, the China Aerospace Science and Technology Corp. (CASC) announced it was planning over 40 orbital launches this year. These include six missions aiming to complete the Tiangong space station. A Long March 7 rocket will dock with Tiangong’s Tianhe
Read More »Virgin Orbit partners with Horizon Technologies
Virgin Orbit partners with Horizon Technologies, takes an equity stake in it and becomes its preferred launch provider, the company said. Horizon wants to expand its Amber constellation and its space-based marine intelligence services with the help of Virgin Orbit´s LauncherOne.
Read More »ESA extends collaboration with Dotphoton
Swiss start-up Dotphoton and ESA have signed their second contract and will continue the development of a metrologically correct image compression technology for space applications, Dotphoton announced. The aim of the new contract is to further develop, test and apply Dotphoton's quantum-inspired compression technology.
Read More »UNOOSA signs agreement with UK to map space-based climate action
The United Nations Office for Outer Space Affairs (UNOOSA) signed an agreement with the United Kingdom to address the information gap for space-related climate actions, the United Nations Information Service reported. Space-based data and applications have long been utilized in climate change monitoring, research, and policy enactment.
Read More »Space Café Australia by Annie Handmer Recap: Troy McCann on Money and Space
In the latest episode of Space Café Australia by Annie Handmer, she catches up with Troy McCann, for a conversation on the two things that make the world go around: space, and money. Australia’s space economy is unique, characterised by a growing class of start-ups that target the ‘NewSpace’ economy. But despite a dedicated Space Agency committed to growing the space economy,
Read More »Kepler to test its Aether network on Spire
Kepler Communications will use Spire Global´s system as a test bed for its Aether network service, the Canadian telecommunication provider said. The initial test aboard a Spire satellite is due to launch in the fourth quarter 2022, Kepler said. Before, Kepler will conduct in-orbit testing of Aether onboard two new Kepler satellites.
Read More »Mayday.ai and LUP launch the UrbanGreenEye project
Mayday.ai, LUP, Humboldt University Berlin and the city of Leipzig are joining efforts to mitigate risks related to heat waves by launching the UrbanGreenEye project. The Federal Ministry of Transport and the German Aerospace Centre support and fund the initiative.
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