October 4, 2024
Shaping the Future of Space with High Aspect Ratio Satellites
With the rising adoption of High-Aspect Ratio (HAR) configurations across various domains of the space industry, the European Space Agency tasked Novaspace, Reflex Aerospace, and Initium Consulting with exploring this dynamic ecosystem. We are excited to announce that our report, detailing the current status, strengths, and weaknesses of HAR satellites, has now been published and is available here.
October 3, 2024
Airlines Accelerate Transition to Advanced In-Flight Connectivity Amid Rising Demand
The number of in-flight connected aircraft is projected to surpass 60,800 by 2033 with multi-orbit solutions helping reshape the market as airlines transition from legacy systems. Technical advances are fueling bandwidth growth and reducing costs, while satellite operator revenues are set to rise over the next decade as the increasing demand for in-flight connectivity delivers significant market transformation.
September 20, 2024
Excellence in Earth Observation Awards and Startup Finspace Awards celebrated during prestigious World Space Business Week
In its 27th edition, World Space Business Week, honored Excellence in Earth Observation and recognized startup innovation with its annual awards on the final day. The event welcomes more than 1,400 executives, industry leaders and delegates for 5 days of networking and knowledge sharing.
September 18, 2024
Seven tons of satellites to be launched daily on average over the next decade amid value chain consolidation
By 2033, satellite demand is expected to reach an annual average of 3,700 units, with sustained growth primarily fueled by select key NGSO constellations, while demand for GEO communication satellites will settle due to consolidation of satcom operators. While commercial operators will account for 80% of satellite volume, government customers continue to be the market's cornerstone, representing two-thirds of its total value.
September 18, 2024
Excellence in Satellite Communications Awards and the Space Business Catalyst Award celebrates groundbreaking achievements at World Space Business Week
Recipients of the Excellence in Satellite Communications Awards were recognized at this year’s World Space Business Week. In its 27th edition, the prestigious event hosts more than 1,400 executives and industry leaders each year from over 500 space organizations across the globe.
September 16, 2024
Satcom Providers Change Tactics to Compete with NGSO-led Capacity Growth
NGSO constellations continue to drive satellite capacity growth, prompting satellite operators to pursue strategic collaborations, multi-orbit partnerships, and horizontal integrations to maintain their competitive edge. Global satellite capacity is expected to reach 240 Tbps by 2028 and generate service revenues of nearly $120 billion by 2033. This rapid expansion in available supply is set to decrease end-user prices and expand the addressable market for satellite connectivity.
July 11, 2024
Earth Observation satellites set to triple over the next decade
The global Earth Observation (EO) satellite market will undergo substantial growth over the coming decade, with the number of EO satellites in orbit expected to almost triple as the manufacturing market grows by 40% and the value of the launch market increases by 55%.
July 10, 2024
Maritime satellite communication value chain grows as Non-Geostationary Orbit solutions come to fore
The maritime satellite communication market experienced significant growth in 2023, primarily driven by Starlink's disruptive entry into the market following the official launch of its maritime service, which has rapidly gained traction and boosted the number of VSAT-equipped vessels.
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.
