ESA Space Economy

ESA seeks to ensure a sustainable growth of the European space sector and the creation of value to society, from basic research to service development.

News from Space Economy


European Human Space Transportation: Technological, Social and Strategic Benefits

Major space players exercise their essential sovereign capability and soft power through human space exploration enabled by domestic human space transportation systems. Space exploration encompasses a variety of constituent elements while directly...
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The Canadian Space Agency publishes the 2021 & 2022 State of the Canadian Space Sector Report

The Canadian Space Agency has published its annual Report 2021 & 2022 State of the Canadian Space Sector Report – Facts and Figures 2020 & 2021. It aims to provide comprehensive data on the space economy, as well as showcase long-term tr...
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Eurospace releases its annual Facts & Figures Report: The European Space Industry in 2022

In July 2023, the trade association of the European Space Industry, Eurospace, announced the release of the 27th edition of its annual report on the state of the European space manufacturing industry in 2022. Eurospace has been publishing the re...
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ESA Space Economy

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Space Economy activities to support ESA Council at Ministerial level, CM22


Space activities and capabilities significantly contribute to Europe’s leadership in science, technology and innovation, and support Europe’s economy and society towards more responsibility, resilience and autonomy. Space provides crucial solutions and support for monitoring, early warning, or emergency responses in case of catastrophic events. Space missions inspire, protect future generations and shape our economic growth.
Space infrastructure and its applications will play a crucial role in supporting Europe in overcoming the challenges it faces. Continuous public investment in space will remain essential to ensure sustainability and to prevent the loss of R&D capabilities and critical skills which safeguard and strengthen Europe’s sovereignty. At the ESA Council Meeting at Ministerial level, CM22, 14 independent socio-economic studies will support critical decisions while providing evidence of the value generated by space in Europe.
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Space Economy Initiatives


ECSECO

ECSECO

ECSECO is the European Centre for Space Economy and Commerce, established in 2022 by ESA Director General. Its objective is to provide a European platform for interdisciplinary discussions and research on space economy and commerce.

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European Space Economy satellite account

European Space Economy satellite account

In March 2022, ESA, in cooperation with Eurostat and the Joint Research Centre (JRC), launched a cooperation project to investigate the development of a European Space Economy satellite account, using official statistics to measure the European space sector.

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Global Space Markets Challenge

Global Space Markets Challenge

Eligible start-ups and SMEs have the opportunity to introduce their space products and/or services to international markets.Learn more about 2021 winners!

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