Charts Defining the Space Industry in Q2
There were 63 total global launches in Q2 2024, a 40% YoY increase. The usual suspects, SpaceX and China, are once again leading the charge.
There were 63 total global launches in Q2 2024, a 40% YoY increase. The usual suspects, SpaceX and China, are once again leading the charge.
SpaceX unveiled its Starlink Mini terminal last week.
Late last year, the World Radiocommunication Conference (WRC-23) approved a proposal to review EPFD (Equivalent Power Flux Density) limits, a critical juncture in rights negotiations between GEO and LEO operators that sets the stage for regulatory action by 2027 or 2031.
China’s secretive military reusable space plane, which launched late last year, deployed an unidentified object into orbit last week.
EchoStar reported another quarter of declining revenue last week as its Hughes Network satellite broadband, TV (Dish + Sling), and retail wireless (Boost Mobile) subscriber base continues to shrink.
With Starliner slated to transport crew to the ISS for the first time next week, we’re digging into all the money spent to get here—from NASA’s contributions and seat pricing to the total development expenditures.
China held its annual Space Day conference last week, unveiling new insights into the space program’s hardware development.
Last week, we covered ABL, Relativity, and Stoke funding, three launch startups that have yet to reach orbit. This week, we are focusing on a business that has hit its orbit proof point, Firefly Aerospace.
The next few years are make or break for launch startups—either achieve orbit and scale or go the way of Astra and Virgin Orbit.
The first three months of 2024 was another busy quarter for the space industry, underscored by continued growth in SpaceX’s launch cadence and a solid VC funding environment. Below are the four charts defining the quarter.