2024
NOAA finalizes GOES, eyes next generation of forecasting
Increasingly sophisticated weather satellites, such as the National Oceanic and Atmospheric Administration (NOAA) GOES fleet, are providing the timeliest weather and climate analysis ever fielded.
Lunar rovers paving the way for an economy on the Moon
As private companies continue to outpace governments in orbit, national space agencies are increasingly outsourcing and contracting to fulfill their ambitions both near and far.
Long Beach rises with the tide of the space industry
Over the past 20 years, more than a dozen space companies have moved to or started operations in Long Beach. The city’s proximity to research universities, military bases, and one of the largest ports in the nation makes it an attractive location for space companies.
INSIGHT: Rising space nations: 5 high-potential markets to watch
Justin Annibali is chief executive officer and co-founder of Global Space Exchange, a Washington, D.C.-based company that provides market information and analysis of space capabilities and technologies. In this article, Annibali examines key factors for nations planning success in the global space economy.
Government space budgets grow 11% to reach new heights
International government space budgets reached new heights in 2023 with $125 billion spent on space programs, 11% higher than a revised 2022 total of $113 billion.
Quilty Space 2024 Q2 quarterly transactional update
For the second quarter of 2024, the S&P 500 index saw a gain of 4% and the investment research firm MSCI (excluding the United States) posted a loss of 1%. The Core Satellite and Space Index posted a loss of 6% and our Frontier Index outperformed with a gain of 24%.
Global space economy steadily grows to $570 billion
The global space economy grew 7.4% to $570 billion in 2023, the second year of consistent growth based on revised 2021 and 2022 totals.
NASA goes full throttle for Artemis, cuts other programs
Faced with a budget capped at 2023 levels, NASA is striving to save its lunar ambitions, laying off employees and cutting programs in favor of the Moon. It is a pivot for the agency, which had warned budget cuts contemplated by Congress in 2023 could endanger Artemis.
Q2 2024 Highlights
The space industry is advancing faster than ever before with continual progress in the government, military and private sectors. Here are noteworthy business highlights from this quarter.
European space industry bolstered by government, private investments
European space activities are growing across public and private sectors as governments and VC firms invest in new programs and companies. Key cross-sector initiatives in the region include ensuring independent European access to space and expanding public and private Earth observation capabilities.