According to Euroconsult's newly released research report, Government Space Programs: Benchmarks, Profiles & Forecasts to 2026, global space budgets totalled US$62.2 billion in 2016, down 2% from the previous year. Governments launched 75 satellites, less than the historical peak of 2015 but in line with the last five year average.

Source: Government spending on space to reach $62 billion in 2026


David Cottle

UBB Owner & Administrator