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Space Industry Ecosystem Map

How 56+ companies connect across the space economy value chain

The space industry operates as a multi-layered value chain. Upstream companies provide raw materials and components that flow to midstream manufacturers and launch providers. These enable downstream operators and data companies to deliver services to end users. Cross-cutting services like insurance, regulatory, and finance support the entire chain. Click any company to view their full profile.

10
Upstream
16
Midstream
15
Downstream
15
Cross-Cutting Services

Upstream

10 companies

Raw materials, component manufacturing, and subsystem integration that feed into spacecraft and launch vehicle production.

Moog Inc.
Component Manufacturing
actuatorsthrusters
Curtiss-Wright
Component Manufacturing
sensorselectronics
Materion
Raw Materials & Electronics
berylliumoptics
Heico
Component Manufacturing
componentselectronics
Teledyne Technologies
Subsystem Integration
imagingdetectors
Honeywell Aerospace
Subsystem Integration
avionicssensors
Aerojet Rocketdyne
Propulsion Components
enginespropulsion
Velo3D
Component Manufacturing
3D printingmanufacturing
BWX Technologies
Propulsion Components
nuclearpropulsion
II-VI / Coherent
Raw Materials & Electronics
semiconductorsphotonics

Midstream

16 companies

Launch providers, satellite manufacturers, and ground equipment companies that build and deliver space infrastructure.

SpaceX
Launch Providers
launchFalcon 9
Rocket Lab
Launch Providers
small-satElectron
Blue Origin
Launch Providers
New Glennheavy-lift
ULA
Launch Providers
Vulcannational security
Relativity Space
Launch Providers
3D printingTerran R
Firefly Aerospace
Launch Providers
Alphalunar
Northrop Grumman
Satellite Manufacturers
defensesatellites
Lockheed Martin
Satellite Manufacturers
GPSOrion
Ball Aerospace
Satellite Manufacturers
instrumentsJWST
Maxar Technologies
Satellite Manufacturers
Earth observationrobotics
Airbus Defence & Space
Satellite Manufacturers
EurostarOneWeb
L3Harris
Ground Equipment
ground systemssensors
KSAT
Ground Equipment
ground stationsdata downlink
Axiom Space
Space Station Builders
space stationcommercial
Vast
Space Station Builders
Haven-1station
Sierra Space
Space Station Builders
Dream ChaserOrbital Reef

Downstream

15 companies

Satellite operators, data processors, and end-user applications that deliver value from space infrastructure to customers on Earth.

SES
Satellite Operators
GEOMEO
Intelsat
Satellite Operators
GEOmanaged services
Eutelsat / OneWeb
Satellite Operators
LEOGEO
Planet Labs
Earth Observation & Analytics
daily imagingEO
Capella Space
Earth Observation & Analytics
SARradar
BlackSky Technology
Earth Observation & Analytics
intelligencereal-time
ICEYE
Earth Observation & Analytics
SARinsurance
Spire Global
Earth Observation & Analytics
weatherAIS
Viasat
Satellite Communications
broadbandKa-band
AST SpaceMobile
Satellite Communications
direct-to-cellmobile
Iridium
Satellite Communications
LEOIoT
Trimble
Navigation & Positioning
GNSSpositioning
Hexagon AB
Navigation & Positioning
sensorsautonomy
Orbital Insight
Space Data Platforms
analyticsAI
Ursa Space
Space Data Platforms
SAR analyticsoil storage

Cross-Cutting Services

15 companies

Regulatory, insurance, finance, legal, and consulting services that support the entire space industry value chain.

Aerospace Corporation
Consulting & Advisory
FFRDCtechnical advisory
Bryce Tech
Consulting & Advisory
analyticsreports
NSR / Euroconsult
Consulting & Advisory
market researchforecasts
Quilty Space
Space Finance & Investment
equity researchadvisory
Space Capital
Space Finance & Investment
venture capitalinvestment
Seraphim Space
Space Finance & Investment
investmentfund
Marsh McLennan
Space Insurance
insurancerisk
Gallagher
Space Insurance
insurancelaunch
LeoLabs
Space Situational Awareness
trackingSSA
ExoAnalytic Solutions
Space Situational Awareness
optical trackingSDA
Slingshot Aerospace
Space Situational Awareness
simulationSDA
Hogan Lovells
Legal
space lawFCC
DLA Piper
Legal
aerospace lawtransactions
FCC
Regulatory & Licensing
spectrumlicensing
FAA / AST
Regulatory & Licensing
launch licensingreentry

How the Space Value Chain Works

Upstream to Midstream

Component manufacturers like Moog and Aerojet Rocketdyne supply reaction wheels, thrusters, and propulsion systems to satellite builders (Northrop Grumman, Lockheed Martin) and launch vehicle manufacturers (SpaceX, Rocket Lab). Raw materials companies provide specialty alloys, semiconductors, and composite materials.

Midstream to Downstream

Launch providers deliver satellites to orbit for operators like SES and Planet Labs. Ground equipment manufacturers (L3Harris, KSAT) provide the infrastructure to communicate with and control these assets. Satellite data then flows to analytics platforms serving end users.

Downstream Value Creation

Downstream companies transform raw satellite data into actionable intelligence. Planet Labs imagery powers agriculture monitoring, Capella Space SAR enables defense analytics, and Spire Global data feeds weather forecasting. This is where most commercial revenue is generated.

Cross-Cutting Enablers

The ecosystem depends on cross-cutting services: insurance underwriters assess and cover launch risk, regulatory bodies (FCC, FAA) license operations, space domain awareness companies track objects to prevent collisions, and specialized investors fund the entire value chain.

Space Economy by the Numbers (2025)

$546B
Global Space Economy
73%
Downstream Revenue
$14.5B
VC Investment (2024)
12,000+
Active Satellites