From Satellite Markets & Research
The Satellite Ecosystem has been going through a period of tremendous change and growth over the last few years. According to Euroconsult (now known as Novaspace), the global space economy grew over 34% in the five years to 2023 to be worth US$ 509 billion and is projected to continue growing to reach US$ 759 billion by 2030. A lot of this growth is attributed to “New Space,” a generic term, referring to the rapid changes taking place in the satellite ecosystem. Continue >