Earth Imaging Journal: Remote Sensing, Satellite Images, Satellite Imagery
Breaking News
Energy Drone & Robotics Coalition to Gather Thousands at July Virtual Summit
Registration is now open for the first major energy...
New USB3 cameras engineered to meet the challenges of modern vision systems
Ottawa, CANADA  ─ Teledyne Lumenera, a Teledyne Technologies ...
Leica Geosystems announces latest version of public safety software
Leica Map360 v4.0 introduces three editions to digitize and...
DigEplan Announces New Partnership with Cityworks to Deliver Fully Integrated Electronic Plan Review for Vital Government Services
DigEplan, a global leader in fully integrated electronic plan...
Woolpert Designs Cityworks GeoPhoto Tool to Improve Work Order Management
The tool layers the technology of Esri and the...

Revenues from global commercial space activity in 2018 climbed to their highest level ever and now make up nearly 80 percent of the total global space industry, according to new findings from The Space Report Quarter Three.

The Space Foundation published the third-quarter 2019 issue of The Space Report and shared other key findings:

  • Global commercial space activity in 2018 reached $328.86 billion, a 6.6 percent improvement over 2017.
  • Space products and services, a sector of commercial space revenue, totaled $229.17 billion, an 8.4 percent gain over 2017.
  • Commercial space infrastructure and support industries, the other main sector, experienced a more-modest 2.6 percent yearly revenue increase, but still edged closer to the milestone $100 billion mark with annual revenue of $99.69 billion.

From 2005 to 2018, according to The Space Report, commercial space revenue more than doubled, growing 162 percent.

 

Comments are closed.