ESA awards Euroconsult and ESPI with study on the future of European space transportation

Paris, April 15 2021 – Euroconsult has been commissioned by the European Space Agency (ESA) to conduct a study on the future of the European space transportation sector. Euroconsult, the leading global consulting firm specializing in space markets, has partnered with ESPI to investigate European institutional mission scenarios for the period beyond 2030 following the ITT on New European Space Transportation Solutions (NESTS).

Euroconsult and ESPI will deliver an independent analysis focusing on the demand drivers of the future space transportation solutions in the period 2030–50 along already awarded contracts to ArianeGroup, Avio and Rocket Factory Augsburg (a subsidiary of OHB SE).

"Space transportation capabilities are evolving due to changes in launch demand and customers’ requirements and to the availability of innovative and cost-effective solutions serving these," stated Euroconsult CEO Pacôme Revillon. "Euroconsult and ESPI expertise combined will guarantee the independence and neutrality of the results. All partners are fully committed to delivering a study that lays the groundwork for the future of the European space transportation sector," he added.

“ESA, through its New European Space Transportation Solutions initiative, lays the foundations that enable us to prepare the future beyond Ariane 6 and Vega-C. These system concept studies will include services that prioritize the future needs of Europe’s space programs but also allow us to address global market needs,” commented Daniel Neuenschwander, ESA Director of Space Transportation.

The Euroconsult and ESPI assignment will be completed before June 2021 and will feed the preparation of proposals to be submitted for decision at the next Council Meeting at Ministerial level in 2022.

About NESTS/ESA
ESA NESTS Study https://www.esa.int/Enabling_Support/Space_Transportation/ESA_defines_elements_of_future_European_space_transportation_solutions#.YEnRZhwbTD8.link

About Euroconsult
With over 30 years of experience, Euroconsult is trusted by 600 clients in over 50 countries. We rely on a multi-cultural team of over 30 full-time experts based in France, the United States, Canada and Japan, complemented by a network of senior affiliate consultants. Euroconsult's core business, since its creation, has been to provide independent assessment and decision-making assistance to the institutional, industrial, and financial organizations involved in the space sector. Consulting services include independent assessments of business plans and government programs and policies, market analysis and forecasts, financial valuations, risk assessment, due diligence, feasibility studies and operations management services.

About ESPI
The European Space Policy Institute (ESPI) is an independent think-tank specialized in space-related affairs. Founded in 2003, ESPI is a not-for-profit organization based in Vienna, World capital of space diplomacy. The Institute is supervised by a General Assembly of member organizations and supported by an Advisory Council of independent high-level experts. The mission of the Institute is to provide decision-makers with an informed view on mid- to long-term issues relevant to Europe’s space activities.

For further information, please visit: www.euroconsult-ec.com and https://espi.or.at/