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Space Technology

Technologies for space exploration, satellite systems, and space-based services

Market Size
$450B
Growth Rate
25% CAGR
Projected (2030)
$450B (2030)

Market Overview

Current Market Size

$120B (2024)

Projected Market Size

$450B (2030) (2024-2030)

Description

Satellites, launch systems, space manufacturing, space mining

Key Technology Segments

Satellites

Satellite systems and services

TRL Range: TRL 7-9Market Size: $85B
Key Players: SpaceX, OneWeb, Planet Labs

Key Players

SpaceX

enterprise

Leading space technology company

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Investment Trends

Latest Year (2024)+29.0% YoY
Total Funding
$32.5B
Deal Count
220
Avg Deal Size
$147.7M

Investment in space technology has shown strong growth, with total funding reaching $32.5B in 2024.

Commercialization Pathways

Licensing

medium feasibility

Space tech can be licensed to aerospace companies.

Spinout

high feasibility

Strong investor interest in space technology startups.

Partnership

high feasibility

Partnerships with aerospace companies are common.

Regulatory Considerations

  • FCC licensing
  • ITAR regulations
  • Space debris regulations