Next-Gen Space
Next-Gen Space refers to the rise of the private space industry, including private launch companies, small satellite constellations, and sub-orbital tourism. Novaspace supports clients in transforming the traditional space industry supply chain as well as NewSpace players across all domains.
The commercialization of space is attracting significant private investments, driven by innovations such as miniaturization, COTS components, reusability, agile development, automation, additive manufacturing, and big data analytics. This surge has led to numerous venture capital-backed start-ups, from micro-launchers to SmallSat constellations.
Market KPIs.
Our Expertise.
The NewSpace economy is gaining attention from traditional institutional and private incumbents. For example, with big tech companies invest in ground network stations to dominate cloud processing close to the downstream market. This transformation includes leveraging digital technologies, process automation, and seeking new efficiencies. These businesses are revolutionizing space activities, from space access and exploration to Earth observation and connectivity.
Novaspace is well-equipped to support the Next-Gen Space companies. Our team provides technical evaluations, identifies technological trends, and offers system engineering support for various space applications, including lunar rovers. We are committed to driving significant changes in the space industry and fostering the growth of Next-Gen initiatives.
