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Commercial space launch service is a rapidly growing sub-sector of the commercial space industry. The sub-sector, which is projected to hit $7 billion market size by 2024, includes spaceports, launch vehicles and navigation services. A spaceport, sometimes referred to as cosmodrome (in reference to Russian cosmodromes) or launch site, is a ground-based launch facility for…
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New Report: The African space economy is now worth USD 7 billion and is projected to grow at a 7.3% compound annual growth rate to exceed USD 10 billion by 2024. Read the executive summary of the African Space Industry Report - 2019 Edition to learn more about the industry. You can order the report online.
Joseph Ibeh is a Mandela Washington Fellow and Senior Analyst at Space in Africa. His experience spans industry research and market analysis with a focus on African-grown NewSpace companies, commercial space industry, national space programmes and real-life application of space science for sustainable development in Africa.
