Space Investment Analysis Q2 2024

In the latest Space Investment Analysis, Kelli Kedis Ogborn, Space Foundation’s vice president of Space Commerce and Entrepreneurship, guides panelists Mariel Borowitz, Justin Cadman and Brendan Rousseau through a timely discussion of what helped drive the global space economy to $570 billion in 2023, a 7.4% year-over-year increase.

They offer insights on the traditional commercial sectors such as launch activity and how rising national defense priorities are driving additional global space spending while also anticipating future market possibilities.

For investors, said Cadman, co-CEO and CFO of Quilty Space, the market still requires patience, but there are growing signs of increasing tolerance for the risk/reward threshold for spending in smaller, emerging markets.

Rousseau is a Harvard Business School teaching fellow who helped develop the school’s first space economics course. He is encouraged by the 228% annual revenue increase in space situational awareness. His greater optimism comes from anticipating the not-too-distant advancement and growth of new areas. In-space manufacturing and on-orbit servicing will provide whole new market opportunities.

“They are extremely important for the future of space, he said.

Gain other industry insights about the space economy by watching the full discussion.

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