No Match Found
We are delighted to share our report, produced in association with the UK Space Agency. It seeks to help private capital investors better understand the space investment landscape, and the key dynamics and trends underpinning it. It also highlights the diversity of investment opportunities across the sector and the UK’s prominent position as a destination of global space capital.
The insights have been developed through our shared experience in the sector, extensive stakeholder engagement and desktop research, with evidence sources presented where possible.
In association with:
Think 'space industry', and you might be forgiven for thinking of astronauts, rocket launches and the tourism ventures of billionaires. It is less recognised for its significant role as the ‘hidden utility’ underpinning our daily lives and economy, supporting an estimated £370bn of UK GDP every year.
The economic contribution of space internationally is predominately driven by around 5,000 active satellites helping to tackle some of our greatest global challenges - including the transition to a low carbon economy, digitisation of industries, tackling food insecurity and alleviating pressure for future mobility solutions.
The global space sector is now worth over $469bn, with 77% accounted for by the commercial market. Analysts project future growth of up to 11% per annum.
In total, over $47bn of private capital has been invested across the global space sector since 2015, growing on average 21% per year. The UK has been a key hotspot, receiving 17% of this inflow, making it the second most attractive destination - only behind the US.
This capital was deployed into more than 600 companies operating across three stages of the space value chain, which helps to highlight the diverse ecosystem of companies and business models of the sector. This includes:
Whilst from our experience some perceive space as a market just for specialist investors, capital from across the investor spectrum has targeted the sector, for example:
The growing investor base is also contributing to the prevalence of exit opportunities, with 163 space sector exit events since 2015 through private and public markets.
The UK has a rich heritage of commercial space innovation and hosts a dynamic industrial base of over 1,500 space companies, taking advantage of the UK’s talent pool, world leading infrastructure and access to export markets. The UK space sector continues to be open for business, and we hope you find this report useful. We welcome continued engagement with investors across the UK and overseas who are exploring opportunities to deploy capital across this dynamic and fast-growing market.
“This report will, I hope, shift perceptions about space, the opportunities it generates, and how investors can benefit society while generating attractive returns. There has never been a better time to invest in this incredible sector”
“Our analysis shows that there are opportunities for investors of all stripes; the industry contains asset-light and technology-driven businesses, as well as infrastructure assets and supporting services businesses, all of which stand to benefit from the significant growth of the global space industry.”