Europe’s space industry: Employment growing faster than revenue, especially among startups; questionable long-term viability

by Peter B. de Selding

LA PLATA, Maryland — Europe’s ASD Eurospace industry association's annual “Facts and Figures” presentation this year could be subtitled: “Why a space-division merger of Airbus-Thales-Leonardo makes good business sense, and why European startups’s growth is unsustainable.”

Key takeaways from the annual survey, presented July 9 by Eurospace Research Director Pierre Lionnet, include:

Despite the headlines about the booming space sector, the commercial space demand is not growing for New Space companies. It’s all government, which is . . .

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