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Space Capabilities Empower Environmental Monitoring and Climate Change Efforts

As stated at the Secure World Forum Summit
June 16, 2023

The Secure World Forum's recent Summit for Space Sustainability in New York emphasized the critical role of space capabilities in environmental monitoring and the global fight against climate change. Satellites have emerged as indispensable tools for measuring greenhouse gas emissions, monitoring coastal erosion, tracking wildfires, and predicting soil moisture levels. These space-based technologies are pivotal in present and future climate change monitoring and adaptation endeavors. Furthermore, the event highlighted the increasing involvement of commercial space companies in assessing climate change effects and acting as fact-checkers for Environmental Social Governance (ESG) commitments. With recent advancements, numerous companies have successfully launched satellite capabilities, thanks to private capital raised through the thriving space financing market.

The space financing marketplace has experienced an exceptional surge in recent years, with private investors demonstrating an unprecedented interest in space startups and supporting groundbreaking ventures across the industry. From broadband and Earth observation constellations to augmented analytics services, launchers, and even human spaceflight, the market has witnessed substantial investments in diverse sectors.

During the New York event, Euroconsult, a leading global strategy consulting and market intelligence firm specializing in the space sector and satellite-enabled verticals, unveiled its highly anticipated Financing and Transactions Database. This comprehensive database aims to equip investors, governments, and stakeholders with the essential tools to track financing flows, identify active players (investors and funding recipients), and gain insights into various business models through a user-friendly dashboard.

The comprehensive data platform offers immense value to users, providing the ability to:

  1. Identify High-Potential Startups: Rapidly identify promising space startups that attract significant interest and investment.
  2. Track Competitor Activity: Monitor the activities of competitors and stay informed about emerging trends and developments.
  3. Define Financial Strategies: Analyze financial strategies by gaining access to detailed market intelligence, allowing informed decision-making.
  4. Analyze Technological Segments and Regions: Assess the health of different technological segments and geographical regions to gauge investment potential.
  5. Access Mergers and Acquisitions Insights: Stay updated on recent mergers and acquisitions, enabling a deeper understanding of market dynamics.

Pacome Revillon, CEO of Euroconsult, stated, "This week has underscored the satellite technology's capacity to support Earth in innovative ways, such as verifying and reinforcing corporations' ESG commitments. This information is invaluable to global investors as they navigate the decision-making process in selecting companies and business verticals to invest in."

As the space sector increasingly captivates investors due to its growing contribution to the economy and environment, Euroconsult's database emerges as an essential tool for staying ahead of the curve and applying due diligence in space financing decisions. The platform already provides comprehensive information on over 2,000 financing operations and approximately 120 transactions tracked since 2020, all conveniently accessible in one place. Positive Indicators and Future Projections.

Following an extraordinary investment surge of $16.5 billion in space technology and services in 2021, driven by post-pandemic optimism and a wave of SPAC mergers and investments, the industry experienced a slight dip in value last year, amounting to $10 billion. Euroconsult's database will continuously capture and update the ongoing dynamics of this.

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