NSR’s Moon Market Analysis, 2nd Edition (MMA2) finds a developing moon market positioned to generate $105 Billion over the next decade. As demand for flexibility drives development, results from early transportation of science and robotics missions are set to benchmark market potential for future investment.
“The foundations of a future lunar economy are being laid as governments aim to put feet back on the Moon. 250+ missions are set to launch over the coming decade; however, early market challenges still remain to be overcome,” notes report co-author Hussain Bokhari. “Mission timelines continue to shift right while many needed technologies are still in development.”
Despite these delays, progress has been made in programs such as Artemis and CLPS where key contracts have been signed with private companies. Investment continues as numerous nations increase their budget towards Lunar developments.
“Long-term government investment offers not only national prestige, but also opportunity to diversify economic activities here on Earth,” states report co-author Charlotte Van Camp. “Investment and international collaborations increase, particularly for robotics, science and technological development missions, as nations eye the long-term economic prize.”
Early interest from terrestrial industries such as automobile, oil & gas, mining, construction and Energy, is directly related to the feasibility of becoming future customers for key technology development for lunar markets.
Bokhari concludes, “While NASA leads in development of the lunar Economy aiming to take humans back to surface of the Moon, other initiatives are building momentum. Early player dedication will shape future opportunity.”
Companies and Organizations Mentioned in NSR’s MMA2
Airbus, Alpha Space Test and Research Alliance, Aquarian Space, ArianeGroup, Astrobotic Technology Inc, Australian Space Agency (ASA), Blue Canyon Technologies (Raytheon), Blue Origin, Canadensys Aerospace Corp., Canadian Space Agency (CSA), Centre national d’études spatiales (CNES), Ceres Robotics, China Aerospace Science and Technology Corporation (CASC), China Manned Space Agency (CMSA), Chinese National Space Agency (CNSA), Cislunar Industries, Comisión Nacional de Actividades Espaciales (CONAE), Defense Advanced Research Projects Agency (DARPA), Deep Space Systems, Deutsches Zentrum für Luft- und Raumfahrt (DLR), Dynetics Inc., European Space Agency (ESA), FireFly Aerospace, Fleet Space Technologies, Goonhilly Earth Station, IBM Technology Company, Icon Build, Indian Space Research Organization (ISRO), Intuitive Machines, iSpace China, ispace Inc., Japan Aerospace Exploration Agency (JAXA), Korean Aerospace Research Institute (KARI), KSAT, LaserLight Communications, Lockheed Martin Corporation, Lonestar Lunar Development, Luxembourg Space Agency (LSA), Masten Space Systems, Maxar Technologies, MDA Space, Mission Control Space Services, Mitsubishi Electric, Momentus Space, Moon Express, Nanoracks LLC, National Aeronautics and Space Administration (NASA), National Space Research and Development Agency (NASRDA) Nigeria, Nokia, Northrop Grumman Corporation, Orbit Beyond, Outward Technologies, Paragon Space Development Corporation, pH Matter, Plus Ultra Space Outposts, Resilient Extra Terrestrial Habitats Institute, Rocket Lab, Romanian Space Agency, Roscosmos, Russian Space Command, Saudi Space Commission, Sierra Space Corporation, Space Applications Services NV, Spacebit, SpaceX, SSL Robotics, Surrey Satellite Ltd. (SSL), Swedish National Space Agency (SNSA), Swedish Space Corporation (SSC), Teledyne Energy Systems, Telespazio, Thales Alenia Space, Thales Group, The Boeing Company, Toyota, Turkish Space Agency (TUA), Tyvak Nano-Satellite System, UAE Space Agency, UK Space Agency, US Space Force, and Voyager Space.
Source: NSR Press Release