Novaspace and Partners Deliver Key Insights on the Potential of High Aspect Ratio Satellites to Shape the NewSpace Era for ESA.
Brussels, London, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, Toulouse, Washington D.C. [October 3, 2024] – Novaspace, a merger between Euroconsult and SpaceTec Partners, the leading space consulting and market intelligence firm, proudly announces the successful delivery of a comprehensive report on High Aspect Ratio (HAR) satellites for the European Space Agency (ESA). The report was developed in close collaboration with Reflex Aerospace and Initium Space Consulting.
Satellites address the evolving needs of our interconnected world, offering solutions across a range of domains and services. As a result, the space sector is continuously evolving, driven by key trends defining the NewSpace era, including the democratization of space access, the miniaturization of technologies, and a growing risk appetite among both governmental and private sector players.
Traditional space applications such as satellite communication and Earth observation, alongside emerging activities like in-orbit servicing and space-based surveillance, have greatly benefited from the rise of new and innovative players in the space industry. These players bring novel and disruptive solutions to the challenges facing the space ecosystem.
One such disruptive advancement is the use of High Aspect Ratio satellites to develop constellations more efficiently and cost-effectively, particularly within the Satcom domain. The Novaspace team—comprising Carla Filotico (Partner and Managing Director), Felix Rottman (Manager), and Vincenzo Schiavo (Consultant)—was entrusted by ESA to explore the HAR ecosystem, examining its current state, strengths, and weaknesses.
The report provides critical insights into how HAR satellites can shape the future of space technology, outlining their potential applications and strategic value across the space value chain. It discusses the evolving landscape of space technology, from innovations in satellite design to the broader implications for industry stakeholders.
Interested in learning more? Dive into the full report and explore the future of space technology by downloading it here.
Download Full Report
