Citi GPS Report: Space Launch Costs to Fall to $100/kg by 2040, Driving New Industries and Facilitating Monitoring of GHG Emissions, Deforestation, and Biodiversity
Today's launch costs of
“Launch costs could fall to
Traditional applications such as video broadcasting will cede to newer applications such as consumer broadband and space-as-a-service. We forecast this will result in an expansion of the Earth Observation market to being more data-driven, resulting in a compound annual growth rate of ~10% from 2020 to 2040, to be worth
We expect the fastest growth to come from new space applications and industries, such as space-based solar power, space logistics, and Moon/asteroid mining, among others. These areas could generate
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