Appendix
Launches by Nation Jan. 1 to June 30, 2022
American firms led the world for launches in the first half of 2022 with 39, including 27 launches from SpaceX.
Payload Launches by Mission Type, Jan.-June, 2022
In terms of payloads, the impact of commercial firms is far more striking. Of 1,022 spacecraft sent to orbit in the first half of the year, 958 were backed by commercial firms, accounting for nearly 94 percent of all spacecraft sent to orbit so far in 2022, up four percentage points from records set in 2021, Space Foundation research shows.
Launches by Mission Type, Jan.-June 2022
Including five launches that carried mixed payloads, commercial firms backed 36 missions to space in the first half of 2022, civil governments backed 26 and militaries footed the bill for 15, Space Foundation research shows. In all of 2021, itself a record year, commercial firms backed 56 launches.
Launches in First Six Months of the Year, 1957-2022
From Jan. 1 to June 30, the first six months of 2022 saw 75 orbital launch attempts worldwide with 72 successful launches. The launch number was matched only in 1967 and the number of successes broke records.
Global Space Activity by Category, 2005-2021
For this year’s analysis, Space Foundation incorporated historical data and 2022 government spending to project the global space economy’s growth over the next five years. Using our methodology, we predict that the total could reach $639 billion by 2026. Our modeling takes a more conservative approach based on average growth of established sectors and does not factor in developing sectors such as lunar habitation or still exploratory concepts such as asteroid mining.
Projected Global Space Activity by Category, 2026
While LEO remains an integral part of the global space economy, interest in cislunar and deep space exploration is growing. Japan, Russia, and the United Arab Emirates (UAE) all have plans to launch lunar landers in 2022, while India’s lunar mission will likely launch in 2023. Many space agencies have set their sights on returning humans to the Moon.
Global Space Activity by Category, 2021
Commercial revenues continued to make up a majority – 77% – of the space economy. This proportion has declined from a previous five-year average of 79%. Commercial infrastructure and support industries remained the smaller of the two subcategories but widened its share of commercial revenues from 35% in 2019 to 38% in 2021.
Index Weight by Listing Country as of June 17, 2022
As of June, U.S.-listed companies comprised 80.2% of the weight of the overall index, with France in second place at 11.4%, Japan at 3.2%, Canada at 2.3%, the Netherlands at 2.1%, and Italy at 0.7%. Germany was no longer represented due to the removal of Mynaric.
S-Network Space Index vs. Benchmark Indexes, 1H, 2022
In the first half of 2022, the S-Network Space Index (SNET SPACE) underperformed other benchmark indexes, declining 25.6%. This compares to a 21.7% decrease for the S-Network U.S. Equity 3000 Index (SNET 3000), which tracks the 3,000 largest (by market capitalization) U.S. stocks. Similarly, there was a 20.8% decrease for the S-Network Global 2500 Index (SNET Global 2500), which tracks a combination of the 1,000 largest U.S. stocks, 500 largest European stocks, 500 largest Pacific basin stocks (developed), and the 500 largest liquid Emerging Market stocks.
Earth Observation Revenue, 3 Year-Look
A three-year look at revenue derived from Earth-observing satellites.