Press Release

Paris, Washington D.C., Montreal, Yokohama – During Euroconsult’s annual World Satellite Business Week, awards were presented to the four most promising start-ups, as selected by an independent jury, after a pitch competition during the FinSpace cocktail reception at the annual Euroconsult Summit for Satellite Financing which brings together the leading decision makers of the satellite enabled business sector. FinSpace is supported by MAXAR and Global Space Ventures.

Paris, Washington D.C., Montreal, Yokohama – According to the 11th edition of Euroconsult’s report, the commercial Earth observation (EO) data market could reach $2.4 billion in 2027, driven by a mixture of defense and new commercial markets and supported by the arrival of new constellation operators. The EO market for value-added services (VAS) should reach over $5.7 billion by 2027; potential new service areas with entrants focusing on developing constellations to support high-frequency change detection could even see the VAS market reaching $9 billion in our upside scenarios.

Paris, Toulouse, Washington D.C., Montreal, Yokohama -a leading satellite engineering consultancy and member of Euroconsult Group, has been selected by ESA to lead a consortium, composed of RHEA Group, Airbus and Space Hellas, to help develop a secure, independent, and centralized digital platform for Pooling & Sharing (P&S) satellite communication resources

Paris, Toulouse, Washington D.C., Montreal, Yokohama – SATConsult, a member of the Euroconsult Group, announces the appointment of as Managing Director. In this capacity, David will succeed Mustapha Elriz who founded the company in 2006 and has served as its CEO since this date. Mustapha will continue to have a close relationship with the company, remaining a major shareholder and holding a position of Member of the Senior Advisory Board.

Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s latest report,global government investment in space exploration totaled $14.6 billion in 2017, a 6% increase compared to 2016. Fifteen leading space programs worldwide are estimated to contribute to this global investment, with the U.S. accounting for 74% of the total. Global expenditures have grown in the past five years driven by programs in leading countries and new countries investing in space exploration. In a still constrained budgetary environment, global space budgets for space exploration are expected to grow to over $20 billion by 2027.

Paris, Washington D.C., Montreal, Yokohama – According to the 25th edition of Euroconsult’s report, due to be published later in September, the FSS industry continues to move towards telecom/data markets, as wholesale revenues derived from video markets continue to erode.

Paris, Washington D.C., Montreal, Yokohama – Euroconsult, the leading global consulting firm specialized in satellite-enabled vertical markets, such as satellite communications, connectivity, broadcasting, and Earth observation, announced the recipients of both its Annual Awards for Excellence in Connectivity and Satellite Communications as well as Earth Observation and Information on the occasion of the World Satellite Business Week, its annual senior executive event, of which the 22nd edition took place in Paris from Sept. 10 to 14. These annual awards recognize companies and their management for their outstanding accomplishments. Winners are chosen by a panel of industry experts who assess candidates using rigorous qualitative (innovation, strategic decisions, impact) and quantitative (financial performance indicators, such as EBITDA or revenue growth or size/nature of a commercial agreement) criteria.

Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s latest report,a significant expansion is underway in the smallsat market, both in terms of demand and systems’ capabilities. About 7,000 smallsats are due to be launched over the next ten years, i.e. a six-fold increase from the 1,200 units launched over the past decade. About 50 constellations, two of which are mega constellations, account for over 80% of the smallsat count.

Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s newly released report over 23,000 commercial aircraft will offer connectivity to their passengers by 2027, up from 7,400 aircraft in 2017.

Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s latest report, the combination of oversupply from the addition of traditional satellite capacity in certain areas along with the unrelenting rollouts of HTS capacity has resulted in new pricing references in most geographies and market segments across the FSS sector. While data-oriented markets have been the most exposed, with double-digit capacity pricing declines over the last 2-3 years, video applications have also been impacted. Other factors have included consolidation among service companies in certain segments, resulting in larger capacity buyers with more bargaining power, and heightened competition from a growing pool of national satellite operators.