Euroconsult launches space investment tracker
June 15, 2023
Strategy consulting and market intelligence firm, Euroconsult, has launched its new Financing and Transactions Database, which aims to equip investors, governments and wider stakeholders with the means of tracking space financing flows, active players (investors and funding recipients) and business models via a comprehensive dashboard. The value for those accessing the data platform will include the ability to identify high-potential space start-ups attracting the most interest, track competitor activity, define financial strategies, analyse the health of different technological segments or geographical regions, access detailed market intelligence on recent mergers and acquisitions and much more.
The database is divided into two parts, with the first listing funding operations, such as private equity operations, debt, grants, SPAC (special purpose acquisition companies) mergers and IPOs (initial public offerings) along with related investment value, all searchable by filters including company activity, satellite application, investors, and country. The second part focuses on mergers and acquisition operations, again with a host of user-friendly search filters.
Euroconsult CEO, Pacome Revillon, stated: “This week has seen a topical focus on the ability of satellite technology to support Earth in yet another innovative method, through verifying and reinforcing the impact of corporations’ ESG commitments. Such information is proving valuable for investors around the world as they decide which companies and business verticals to invest in. As space data demonstrates value for investors across all sectors, Euroconsult is launching a database that seeks to inform, educate and save time for those specifically building space sector investment portfolios. The platform already details over 2000 financing operations and around 120 transactions that we have been tracking since 2020, all in one place. As the space sector becomes increasingly attractive to investors due to its growing contribution to the economy and environment, this tool will be key for staying ahead of the curve and applying due diligence on space financing decisions.”
Following a historical investment spike of $16.5 billion into space technology and services in 2021, driven by a post-covid euphoria that witnessed a flurry of SPAC mergers and other space-related investment shifts, last year saw a strong reduction in value, down to $10 billion. This was due to saturation of the market by supply, disappointing financial results of publicly-listed emerging space companies, and the deteriorating economic context including the invasion of Ukraine and the implementation of financial measures to mitigate the long-term impact of the pandemic
However, so far this year there are signs of recovery, with investments up by 29 per cent year on year at the end of the first quarter. The ongoing dynamics of this fast-evolving sector will be captured in Euroconsult’s database and updated on a monthly basis, as the commercial space economy continues to represent an attractive investment opportunity, with the market predicted to surpass the trillion-dollar mark in the coming years.