Recently, NASA announced the 24th signatory of the Artemis Accords, and opened a new office to review and direct exploration activities coordinated with the future of Artemis roadmap. This growing interest presents a one-of-a-kind business opportunity for commercial companies to offer their products as a service to governments and agencies, and sparked a new collaborative.
As the space industry embarks on perhaps its most transformational year yet, we at NSR thought it would be a great time to make bold predictions on the year ahead. The predictions provided herein range across the satellite & space market, but one trend is clear: never before has such change been thrust upon the.
This past Sunday, NASA’s Artemis I mission splashed down in the Pacific Ocean. It was an historic occasion, both the 50th anniversary of the last human lunar landing, as well as a milestone marking the beginning of NASA’s return to the Moon. Days before, Japanese billionaire, Yusaku Maezawa, revealed his 8-person crew to accompany him.
The accessible Total Addressable Market (TAM) for Intuitive Machines is approximately $120 billion over the next decade, with approximately $105 billion in lunar services (2021-2030), according to the 2022 Moon Markets Analysis by Northern Sky Research (NSR), and approximately $14 billion in earth orbital services (2022-2031), according to NSR’s IoSM reports in 2021 and 2022.
Northern Sky Research, which specializes in the space industry, released the second edition of its Moon Markets report this month, which identified 70 commercial lunar missions being prepared in the next decade. “The surprising thing was the sheer amount of potential and need for transportation to get to the Moon,” says Hussain Bokhari, an NSR consultant who.