AnalysisBusinessVC/PE

Space Capital Publishes Q4 2022 Investment Report

Space Capital has released its final quarterly report on the 2022 investing landscape. It was a tough year for fundraising, as the froth drained from the free-flowing capital markets of years past. Though the space industry saw receding levels of capital deployment, the report’s authors remain optimistic about the sector’s ability to bounce back. 2022 […]

AnalysisBusinessEquitiesVC/PE

Aerospace, Defense M&A Sees Second Busiest Year Ever

2022 was the second largest year of ADG deal-making on record, according to a comprehensive analysis published Wednesday by market intelligence firm HigherGov. BTW…ADG = aerospace, defense, and government, and M&A = mergers and acquisitions. With this one simple trick—using ADG and M&A rather than writing the phrases out in full—we’ve given you seconds of […]

AnalysisLaunch

2022 Orbital Launches, by Country

Here’s our official graphs of launches by country in 2022, along with a look back at activity for the seven years prior. These visualization stands on the shoulders of a giant, Jonathan McDowell, who did great work in cataloging space activities in 2022. The increase in the US’ number of launches can primarily be attributed […]

AnalysisCivilEquitiesExplainerMilitary

Exclusive: Euroconsult Values 2022 Space Economy at $464B

In its flagship Space Economy Report published this morning, Paris-based Euroconsult finds that the space market grew 8% in 2022. This report is the gold standard for market intelligence on the end-to-end space economy, from upstream manufacturers to downstream service providers and end users across civil, military, and commercial space.  The space value chain… …as […]

AnalysisDeep SpaceEOInternationalScienceTechnology

ESA Gets Nearly 17% Funding Boost

‘Twas a busy time in Paris last week. The European Space Agency announced a new cohort of astronauts and announced a budget of €16.9B for the next three years.  The sum falls short of the €18.5B requested by the agency, but still represents a 17% increase over the prior period. Lots of 17s last week:  […]

AnalysisExplainer

Election Day 2022: What We’re Watching

Happy Election Day to US readers. Hope you all are already sporting your “I voted” stickers.  While we won’t know results for hours (or even days), these are the close races among space committee members that we’ll be watching as results roll in (with predictions c/o FiveThirtyEight and Cook Political Report):  On the other side […]

AnalysisCivil

Euroconsult Releases Space Exploration Report

Expect new players in the spacefaring game, says Euroconsult. Analysts from the space market intelligence firm have released their third annual report on the state of space exploration. Gone are the days when only a few major powers monopolized spacefaring—instead, Euroconsult sees a future where many more nations are active participants and investors in space […]

AnalysisMilitary

Some Key Space Advocates Are Leaving Congress in 2023

The looming departure of national security space champions from Capitol Hill is expected to leave a vacuum as the Space Force approaches its third birthday, but experts say more junior members are waiting in the wings for their shot to drive military space policy.  One of the community’s biggest losses is Rep. Jim Cooper (D-TN), […]

AnalysisVC/PE

Space Capital Releases Q3 Investment Report

Space Capital has released its quarterly report on investment in the space industry. In the third quarter of 2022, investors injected $3.4B into 79 individual space companies, broadly defined across infrastructure, distribution, and applications. Infrastructure It comes as no surprise that SpaceX takes the cake in capital raised over Q3 with its $1.9B Series R. […]

AnalysisMilitary

Rand Releases Adversary Perception Report

RAND Corporation is out with a new report on how the US’ principal adversaries—China and Russia—perceive the American space program.  The overall findings are bleak, though they come as no surprise:  “The Chinese and Russian native-language primary sources reviewed for this project reflect a sustained perception that US military activities related to the space domain […]

AnalysisEOInternationalMilitarySatcom

The Role of Satellites and Space-Based Services during War, Six Months after Russia Invaded

Today marks the six-month anniversary of Russia invading Ukraine.  Over the last half year, space-based services have played an integral role in each step of the conflict. Today, we’re providing a partial accounting of how space-based services and hardware have altered the course of the conflict (and how the space industry has itself been changed). […]

Analysis

An S-1 for the Space Economy

Editor’s note: Payload space cadets Ryan Duffy (managing editor) and Mo Islam (cofounder) originally penned this essay for Not Boring, an uber-popular newsletter on tech, strategy, startups, and investing. Nearing 150,000 subscribers, Not Boring is primarily authored by Packy McCormick, with editing and research duties fulfilled by Dan McCormick and Rahul Rana. What you’re about […]