Space Foundation Report Reveals Global Space Economy at $383.5 Billion in 2017

Category: Space Foundation Press Release
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COLORADO SPRINGS, Colo. (July 19, 2018) - The Space Foundation today released the findings of its publication The Space Report 2018: The Authoritative Guide to Global Space Activity.

The Space Report is the definitive body of information about the global space industry. The findings in the 2018 report revealed that in 2017, the global space economy totaled $383.5 billion worldwide. Also, during 2017:

  • Seven countries/agencies spent more than $1 billion on space
  • The U.S. share of global governmental space spending was 57 percent
  • There was a 7 percent increase in the number of orbital launch attempts worldwide
  • The U.S. share of global orbital launch activities was 33 percent
  • There was a 100 percent increase in the total number of spacecraft deployed and a
  • 200 percent increase in the number of commercial spacecraft deployed
  • The U.S. share of global spacecraft deployed was 65 percent

About the Report
The Space Report e-book is published annually by the Space Foundation, using in-house industry analysts to research and analyze government and industry trends in space activity.

The e-book version of The Space Report 2018 is now available for purchase. The price remains $399 per individual, and site licenses are available.

The Space Foundation offers an online service that provides subscribers with access to all the research conducted for The Space Report dating back to 2005, as well as new data sets that have never appeared in the report. This website provides users with updates throughout the year, as well as customizable charts and downloadable data for further analysis.

For access to daily activity updates and comprehensive space industry information, subscribe to The Space Report Online. A 24-hour pass is $35, and an annual subscription is less than $10 per day. Corporate and university packages are offered. Purchases can be made online at www.TheSpaceReport.org.

About the Space Foundation
Founded in 1983, the Space Foundation is a 501(c)(3) and the world's premier organization to inspire, educate, connect, and advocate on behalf of the global space community. It is a nonprofit leader in space awareness activities, educational programs, and major industry events, including the annual Space Symposium. Space Foundation headquarters is in Colorado Springs, Colo., USA, and has a public Discovery Center, including El Pomar Space Gallery, Northrop Grumman Science Center featuring Science On a Sphere® and the Lockheed Martin Space Education Center. The Space Foundation has a Washington, D.C., office and field representatives in Houston and the Florida Space Coast. It publishes The Space Report: The Authoritative Guide to Global Space Activity, and through its Space CertificationTM and Space Technology Hall of Fame® programs, recognizes space-based innovations that have been adapted to improve life on Earth. Visit both of our websites – www.SpaceFoundation.org and DiscoverSpace.org – and follow us on FacebookTwitter, Instagram, LinkedIn and YouTube.

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Space Foundation Contact:   
Carol Hively, Director - Public Relations & Team Communications
[email protected]

Thursday, July 19, 2018