Press Release

Paris, Washington D.C., Montreal, Yokohama, Sydney, October 03, 2023. A report published by leading space consulting and market intelligence firm, Euroconsult, focusing on In-Flight Connectivity (IFC) for air travel has highlighted a second consecutive year of strong growth, with over 36,000 commercial and business aviation aircraft now equipped with onboard internet access. The new study marks the 11th edition of an annual report entitled ‘Prospects for In-Flight Entertainment & Connectivity’ and predicts this number to grow steadily over the coming years, to almost double by 2032, as part of an overall market that could see service revenues reach as high as $3.4bn.

Paris, Washington D.C., Montreal, Yokohama, Sydney, October 02, 2023. Lunar exploration is the catalyst behind an unprecedented surge in the space exploration sector which saw global government investment rise to an impressive $26 billion during 2023. Ambitious lunar missions are projected to boost investment to nearly $33 billion by 2032, a growth trajectory which underscores lunar exploration’s pivotal role in shaping the future of space exploration. The figures are revealed in the just published fourth edition of Euroconsult’s ‘Prospects for Space Exploration’ report.

Paris, Washington D.C., Montreal, Yokohama, Sydney, September 25, 2023. The satellite communication landscape is poised for a transformative decade of growth as satellite capacity demand is projected to surge from 3.6 Tbps (TeraBytes Per Second) in 2022 to 51 Tbps in 2032, representing a 31% CAGR (compound annual growth rate), with all data segments expected to observe exponential growth in the next 10 years.

Paris, Washington D.C., Montreal, Yokohama, Sydney Friday 15th September 2023. An exclusive space sector awards ceremony celebrating outstanding achievements in the field of Earth Observation concluded today with four companies scooping the top awards, while stand-out startup businesses were also acknowledged through the highly regarded Finspace contest and inaugural Space Business Catalyst award. The event marked the finale of World Satellite Business Week in Paris, a flagship conference organized by Euroconsult, the leading space consulting and market intelligence firm.

Paris , Washington D.C., Montreal, Yokohama, Sydney, Tuesday 12th September 2023. The Ministry of Transport, Communications, and Information Technology of Oman (MTCIT) has announced it will hold a conference to promote space in the Middle East and the country’s role as a strategic gateway for attracting investments in space applications and technologies into the region.

The recipients of the prestigious Excellence in Space-based Connectivity Awards 2023 were revealed during the 26th World Satellite Business Week in Paris, where more than

Paris, Washington D.C., Montreal, Yokohama, Sydney, July 25, 2023. Around 26,104 smallsats (satellites <500 kg) will be launched between 2023-2032, representing a daily launch mass of 1.5 tons over the 10-year period, according to Euroconsult, the leading global strategy consulting and market intelligence firm specializing in the space sector and satellite-enabled verticals.

New York, Paris, Montreal, Yokohama, Sydney, July 12th, 2023 – Leading space advisory firm, Euroconsult, has announced a major process of evolution for the group and its shareholders, as the company seeks to enable and drive forward its next decade of success via a simplified, fully integrated operational structure.

New York, Paris, Montreal, Yokohama, Sydney, June 14, 2023. The role of space capabilities in environmental monitoring and the battle against climate change was stressed again during the Secure World Forum’s Summit for Space Sustainability in New York this week. Whether for measuring greenhouse gas emissions, monitoring coastal erosion, tracking wildfires, or predicting moisture levels in the soil, satellites are a keystone of present and future climate change monitoring and adaptation efforts. In particular, the event highlighted the growing involvement of commercial space companies in measuring the effects of climate change or acting as a fact-checkers for Environmental Social Governance (ESG) commitments. Many of these companies have developed and launched their satellite capabilities recently, thanks to private capital raised on the space financing market.

Paris, Washington D.C., Montreal, Yokohama, Sydney, May 4, 2023. With the most serious restrictions of COVID-19 now generally in the rearview mirror, leading market intelligence firm Euroconsult estimates that maritime connectivity sectors have mostly recovered from the pandemic’s influence on supply chains and vessel activity at the end of 2022. According to Euroconsult’s forecasts, maritime satellite communication operators are expected to surpass $1.1 billion in revenues by 2032 at a 7% CAGR over the decade. Though some service providers will see a fall in their average revenue per unit (ARPU), total service revenues are expected to grow at a similar CAGR, falling slightly short of $3 billion by 2032.