Global governmental Space Exploration investments to reach $31B by 2031 as public and private players reach for the Moon

Paris, Washington D.C., Montreal, Yokohama, Sydney, November 3, 2022 – Since the 1950s, the space exploration market has been characterized by a small number of large spending nations as they raced to establish new boundaries for science, technology, innovation, and international prestige. However, leading space consultancy and market intelligence firm Euroconsult suggests that a major transition is taking place, as collaboration between different governments, as well as between public and private organizations, provides a further boost to the increasing investments from established players like the U.S.

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Expert oversight of the KOREASAT 6 satellite build will be provided by Satconsult to KT SAT

  • Post category:In The News

Satnews: Euroconsult‘s affiliate, Southern Aerospace & Telecom Consulting (Satconsult), has contracted with KT SAT to provide expert oversight throughout the build of the Koreasat 6A satellite — this contract marks the third time that KT SAT will place their trust in Satconsult’s depth of expertise to support the monitoring and control of the manufacturing process and advise on best practices from design through the testing of highly strategic spacecrafts.

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Ground Segment forecasted at $78 Billion cumulated market value from 2022 to 2031 

Paris, Washington D.C., Montreal, Yokohama, Sydney, September 1st , 2022 – The latest Ground Segment Market report by leading space consulting and market intelligence firm Euroconsult projects the ground station segment to remain quite stable over the 2022 – 2031 period, with a year-on-year growth of 1.4% and a forecasted market value of $3.6 Billion by 2031, driven by the growing demand for data & services.

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Euroconsult nominates Natalia Larrea as new Director of Euroconsult US

Paris, Washington D.C., Montreal, Yokohama, Sydney, 18th August, 2022 — Euroconsult Group, a leading global consulting firm in the space sector, is pleased to announce the appointment of Natalia Larrea as Director of Euroconsult U.S. Ms Larrea will lead the development of the company’s office in Washington D.C. and further expand business relations with US space stakeholders.

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In-Flight Connectivity market set to double in coming decade

Paris, Washington D.C., Montreal, Yokohama, Sydney, 16th August – Analysis by leading space consulting and market intelligence firm Euroconsult shows a 10% increase in the number of commercial aircraft connected to in-flight services compared to 2020, totalling 9,900 planes by the end of 2021. Within the next decade, the number of aircraft using such services is expected to double to more than 21,000.

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Smallsat’s supply chain woes

  • Post category:In The News

SpaceNews: GROWING DEMAND
Supply chain issues are cropping up at an inflection point for the small satellite industry. Launch capacity is increasing alongside demand for Earth-observation data and satellite communications. Meanwhile, the ongoing miniaturization of electronic components enables manufacturers to build increasingly capable small satellites.

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Eutelsat, OneWeb CEOs Outline Plans for Combined GEO/LEO Entity

  • Post category:In The News

Via Satellite: Eutelsat and OneWeb have reached an agreement to combine, bringing together satellite assets in Geostationary Orbit (GEO) and Low-Earth Orbit (LEO) for multi-orbit service. The companies announced the news early Tuesday, a day after sharing that talks were underway. Analysts told Via Satellite that they agreed with leaders from both companies that Eutelsat’s generative CapEx could help the combined company achieve its long-term goal of building a higher-capacity second-generation LEO constellation that competes with rival systems. […]

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