Press Release

June 7, 2024

Growing space safety and sustainability concerns to drive In-Orbit Services and Space Situational Awareness uptake

Novaspace, born from the recent merger between Euroconsult and SpaceTec Partners, and leading space consulting and market intelligence firm, finds that space safety and sustainability concerns are driving cautious interest for In-Orbit Services and commercial Space Situational Awareness in its latest Space Logistics Markets report and projects around $4.6 Billion in commercial revenue over the decade.

May 15, 2024

Standardization is key for enabling democratization of optical communications technology

Novaspace, a merger between Euroconsult and SpaceTec Partners, the leading space consulting and market intelligence firm, anticipates that standardization will drive democratization, catalyzing the fast-paced technological evolution of optical communications and the market. Government-supported standardization efforts, such as the SDA program, have been conducted to drive down costs and enable larger adoption of laser communications technology, which for the moment, remains costly.

April 25, 2024

Non-geostationary orbit constellations redefining the High Throughput Satellites market landscape

Significant and ongoing transformations in the High Throughput Satellites (HTS) market are confirmed in the 7th edition of the 'High Throughput Satellites' report from leading space consulting and market intelligence firm Novaspace, a merger between Euroconsult and SpaceTec Partners. The report underscores the pivotal role of Non-Geostationary Orbit (NGSO) constellations in reshaping the satellite connectivity industry, with the latter to emerge as the primary driver in coming years.

April 16, 2024

Software Defined Satellites Create New Space Market Opportunities   

The satellite communications market has seen significant changes across its value chain, bringing forth new technological innovations that include flexible satellites and more specifically, Software-Defined Satellites (SDS). Geostationary Earth Orbit (GEO) satellite operators have been compelled to respond to increased competition amidst these market shifts. One approach is to optimize the utilization of GEO satellites; however, the rigidity and fixed capacity of traditional GEO satellites is a notable constraint. Therefore, the advent of flexible satellites presents an attractive solution to a variety of problems.

April 8, 2024

Global Space Defense and Security investment set to continue major growth trend over coming decade

Novaspace, a merger between Euroconsult and SpaceTec Partners, the leading space consulting and market intelligence firm, is forecasting that the worldwide launch rate for defense and dual-use satellites will jump by 160% over the coming decade.
April 5, 2024

Euroconsult and Spacetec Partners Merge to Form Novaspace

Two prominent space consulting players, Euroconsult and SpaceTec Partners, are merging after three years of increasingly successful collaboration, to shape the future of the space sector with unparalleled expertise and strategic insights. This merger creates Novaspace, a powerhouse in professional services dedicated to the space industry. 
February 12, 2024

Next generation satellite systems continue to disrupt satellite capacity pricing landscape

Euroconsult, the leading global consulting firm specializing in satellite-enabled markets, has released the latest edition of its FSS Capacity Pricing Trends report which unveils continued shifts in the capacity pricing landscape.

December 19, 2023

New historic high for government space spending mostly driven by defense expenditures

Paris, Washington D.C., Montreal, Yokohama, Sydney, December 19th, 2023. The leading strategic space consulting and market intelligence firm Euroconsult has released the 23rd edition of its annual Government Space Program report confirming the growing financial efforts achieved by governments in the space sector. Keen to capitalize on the expanding space economy and to further strengthen their sovereign capabilities, government space expenditures have increased to $117 billion, a 15% increase compared to last year.  

December 15, 2023

Four tons of satellites to be launched daily by 2032, demand concentrates by a handful of players

Paris, Washington D.C., Montreal, Yokohama, Sydney, December 12th, 2023. Euroconsult, a recognized leader in satellite industry market intelligence, announces the release of its highly anticipated 26th edition flagship report, "Satellites to be Built and Launched. This edition forecasts an average of over 2,800 satellites launched annually – equivalent to 8 satellites per day and totaling a mass of 4 tons - between 2023 and 2032. The report sheds light on the long-term dynamic of the satellite market, emphasizing sustained demand, the concentration of NGSO constellations, and the seismic shifts caused by a handful of mega constellations, with a particular focus on the short-term bottleneck faced by established vendors.

December 1, 2023

Direct-to-phone satellite connectivity expected to revolutionize the satellite communications industry, emerging as a billion-dollar market by 2027

The Mobile Satellite Services (MSS) industry is undergoing a transformative shift due to the rapid rise of direct-to-device satellite solutions, primarily from direct-to-phone services, driven by the integration of terrestrial and non-terrestrial network (NTN) connectivity and technology developments