Interactive Tables and Charts

Data Economy


Japanese Government Space Spending, 2013-2023

Japan’s space spending spans seven ministries and totaled ¥612 billion (UD$4.3 billion) in 2023. This budget has grown 68% since 2020 as the nation expands its civil and military space programs. The Ministry of Education, Culture, Sports, Science, and Technology (MEXT) — which houses JAXA — typically receives the majority of space-related funding.

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Lunar-focused Company Performance

The two new lunar-focused companies that entered the market in the first half of 2023, Intuitive Machines and ispace, are showing a relative degree of stability in their share prices after some initial volatility in the early days. Intuitive Machines experienced a dramatic spike right around the time it completed its SPAC merger and began trading under the ticker LUNR on the Nasdaq Stock Market in late February 2023. The stock settled down within several weeks and traded around $8 from April onward, or 80% of the $10 nominal share price for the SPAC that took Intuitive Machines public.The two new lunar-focused companies that entered the market in the first half of 2023, Intuitive Machines and ispace, are showing a relative degree of stability in their share prices after some initial volatility in the early days. Intuitive Machines experienced a dramatic spike right around the time it completed its SPAC merger and began trading under the ticker LUNR on the Nasdaq Stock Market in late February 2023. The stock settled down within several weeks and traded around $8 from April onward, or 80% of the $10 nominal share price for the SPAC that took Intuitive Machines public.

The two new lunar-focused companies that entered the market in the first half of 2023, Intuitive Machines and ispace, are showing a relative degree of stability in their share prices after some initial volatility in the early days.

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S-Network Space Index vs. Benchmark Indexes, H1 2023

In the first half of 2023, the S-Network Space Index (SNET SPACE) underperformed other benchmark indexes, declining 0.6%. This compares to a 17% increase for the S-Network U.S. Equity 3000 Index (SNET 3000), which tracks the 3,000 largest (by market capitalization) U.S. stocks.In the first half of 2023, the S-Network Space Index (SNET SPACE) underperformed other benchmark indexes, declining 0.6%. This compares to a 17% increase for the S-Network U.S. Equity 3000 Index (SNET 3000), which tracks the 3,000 largest (by market capitalization) U.S. stocks.

In the first half of 2023, the S-Network Space Index (SNET SPACE) underperformed other benchmark indexes, declining 0.6%. This compares to a 17% increase for the S-Network U.S. Equity 3000 Index (SNET 3000), which tracks the 3,000 largest (by market capitalization) U.S. stocks.

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Non-NASA U.S. Civil Space Spending by Agency, 2021-2023

The Department of Defense’s unclassified space spending totaled $17.1 billion in 2022. Space Foundation also estimates total defense space spending, including classified and unclassified budgets for all military branches and intelligence agencies. This estimate reached $42.9 billion last year, a 21% increase year-over-year.The Department of Defense’s unclassified space spending totaled $17.1 billion in 2022. Space Foundation also estimates total defense space spending, including classified and unclassified budgets for all military branches and intelligence agencies. This estimate reached $42.9 billion last year, a 21% increase year-over-year.

The Department of Defense’s unclassified space spending totaled $17.1 billion in 2022. Space Foundation also estimates total defense space spending, including classified and unclassified budgets for all military branches and intelligence agencies. This estimate reached $42.9 billion last year, a 21% increase year-over-year.

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ESA Member Contributions by Type, 2022

Member state contributions comprised 70% of ESA funding last year. France contributed the most, €1.2 billion. Germany came in second with €1 billion, and Italy was third with €680 million. These top three member states were responsible for 42% of the total budget. The Netherlands increased the amount it sent ESA by 13% in 2022 to just shy of €100 million, while Canada slashed its contribution in half.Member state contributions comprised 70% of ESA funding last year. France contributed the most, €1.2 billion. Germany came in second with €1 billion, and Italy was third with €680 million. These top three member states were responsible for 42% of the total budget. The Netherlands increased the amount it sent ESA by 13% in 2022 to just shy of €100 million, while Canada slashed its contribution in half.

Member state contributions comprised 70% of ESA funding last year. France contributed the most, €1.2 billion. Germany came in second with €1 billion, and Italy was third with €680 million. These top three member states were responsible for 42% of the total budget. The Netherlands increased the amount it sent ESA by 13% in 2022 to just shy of €100 million, while Canada slashed its contribution in half.

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Earth Observation Revenue, 2013-2022

Earth observation satellites circle the globe collecting images and information about the Earth. This information can be valuable for a wide array of applications such as fishing, mining, and weather forecasting. Some companies in this sector sell satellite observations and imagery directly, as individual products or as a more continuous downlink, while others focus on the sale of value-added products and services or big data analyses derived from the satellite data.Earth observation satellites circle the globe collecting images and information about the Earth. This information can be valuable for a wide array of applications such as fishing, mining, and weather forecasting. Some companies in this sector sell satellite observations and imagery directly, as individual products or as a more continuous downlink, while others focus on the sale of value-added products and services or big data analyses derived from the satellite data.

Earth observation satellites circle the globe collecting images and information about the Earth. This information can be valuable for a wide array of applications such as fishing, mining, and weather forecasting. Some companies in this sector sell satellite observations and imagery directly, as individual products or as a more continuous downlink, while others focus on the sale of value-added products and services or big data analyses derived from the satellite data.

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Space Insurance Industry Estimates, 2002-2022

Operating in the space sector involves risks. Space launch is complex and launch failures are possible, even for well-established vehicles. New vehicles typically carry even greater risk. Once spacecraft successfully reach orbit, issues may arise due to factors such as space weather, space debris and a crowded orbital environment. To deal with these risks, many companies in the space sector invest in space insurance. As of 2023, there were about 25 direct space insurance companies worldwide.Operating in the space sector involves risks. Space launch is complex and launch failures are possible, even for well-established vehicles. New vehicles typically carry even greater risk. Once spacecraft successfully reach orbit, issues may arise due to factors such as space weather, space debris and a crowded orbital environment. To deal with these risks, many companies in the space sector invest in space insurance. As of 2023, there were about 25 direct space insurance companies worldwide.

Operating in the space sector involves risks. Space launch is complex and launch failures are possible, even for well-established vehicles. New vehicles typically carry even greater risk. Once spacecraft successfully reach orbit, issues may arise due to factors such as space weather, space debris and a crowded orbital environment. To deal with these risks, many companies in the space sector invest in space insurance. As of 2023, there were about 25 direct space insurance companies worldwide.

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Orbital Launch Attempts, 2022

Europe carried out five commercial launch attempts in 2022, four of which were successful. In addition to three launches of the Ariane 5 rocket, Europe successfully completed the inaugural flight of the Vega-C launch vehicle in July 2022.8 However, the second launch of Vega-C, in December, ended in failure due to an issue with a rocket nozzle.Europe carried out five commercial launch attempts in 2022, four of which were successful. In addition to three launches of the Ariane 5 rocket, Europe successfully completed the inaugural flight of the Vega-C launch vehicle in July 2022.8 However, the second launch of Vega-C, in December, ended in failure due to an issue with a rocket nozzle.

Europe carried out five commercial launch attempts in 2022, four of which were successful. In addition to three launches of the Ariane 5 rocket, Europe successfully completed the inaugural flight of the Vega-C launch vehicle in July 2022.8 However, the second launch of Vega-C, in December, ended in failure due to an issue with a rocket nozzle.

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Launch Services Value by Market, 2018-2022

There were 186 launch attempts in 2022, up 28% from 145 attempts in 2021. Of these launches, 179 were successful. Commercial launches, defined as launches carried out for a non-government customer, accounted for 81 of the attempts and 79 of the successes in 2022. This is a significant increase from the 55 commercial launch attempts in 2021.1 The total market value of launches in 2022 was $13.2 billion, based on analysis by Eurospace, the trade association of the European Space Industry.There were 186 launch attempts in 2022, up 28% from 145 attempts in 2021. Of these launches, 179 were successful. Commercial launches, defined as launches carried out for a non-government customer, accounted for 81 of the attempts and 79 of the successes in 2022. This is a significant increase from the 55 commercial launch attempts in 2021.1 The total market value of launches in 2022 was $13.2 billion, based on analysis by Eurospace, the trade association of the European Space Industry.

There were 186 launch attempts in 2022, up 28% from 145 attempts in 2021. Of these launches, 179 were successful. Commercial launches, defined as launches carried out for a non-government customer, accounted for 81 of the attempts and 79 of the successes in 2022. This is a significant increase from the 55 commercial launch attempts in 2021.1 The total market value of launches in 2022 was $13.2 billion, based on analysis by Eurospace, the trade association of the European Space Industry.

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