Independent access to space is a key component of the European Space Policy. As competition increases both for full launch systems and key subsystems, cost-effectiveness becomes a main driving factor.
Across the globe, a vast number of research centers, corporates and start-ups are developing new technologies to reduce to cost of access to space, and increase the availability of launch opportunities. New business models aim to bring spacecraft and humans to space more effectively.
SpaceTec Partners is involved in the development of state-of-the art space transport technologies and solutions, supporting the commercialisation with market studies, communication work and finetuning business plans.
Together with a major European launch provider, SpaceTec Partners analysed the most likely market opportunities and target addressable and accessible markets for potential new micro-launchers tackling the small (<= 500 kg mass) satellites market with a special focus on under 200 kg mass classes.
Nowadays, small satellite operators have two solutions to launch their spacecraft: fly piggyback with a larger satellite or share a ride with other small satellites. Both launch options however require a significant logistical effort, high cost and usually require a big compromise on choosing the right launch date.
Access to finance is a key enabler of entrepreneurship in a European space ecosystem which has seen several transformations and advancements in recent years. From an analysis of the role of the public sector, to evaluating market maturity and sector risks, this report provides a comprehensive review of the European space sector; identifying gaps, highlighting challenges and providing a number of recommendations and potential policy actions.