• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • NEWS:
  • SatNews
  • SatMagazine
  • MilSatMagazine
  • SmallSat News
  • |     EVENTS:
  • SmallSat Symposium
  • Satellite Innovation
  • MilSat Symposium
  • SmallSat Europe

SatNews

  • LATEST
  • EXPLORE ⌄
    • Missions & Constellations
    • Business & Finance
    • Military & Defense
    • Launch
    • Software Automation & Ground Systems
    • Government & Regulation
    • Services & Applications
  • Magazines
  • Events
  • Calendar ⌄
    • IN PERSON
    • VIRTUAL
  • Subscribe

Space economy faces ticking clock on collision risk 

April 15, 2025

Novaspace, the space consulting and market intelligence firm, has released its Space Situational and Domain Awareness Market Intelligence Report.  

“With the increasing deployment of mega-constellations in lower orbits, critical failures and collision events are becoming a matter of when rather than if,” said Alessandro Cattaneo, Consultant at Novaspace and lead author of its newly released report. “The entire space economy now relies on situational awareness data to support sustainable orbital activities.”

As satellite traffic and collision risk increases, so does the need for accurate data. Novaspace projects that global investment in Space Situational and Domain Awareness (SSDA) will reach $6.2 billion (€5.4bn) by 2030, up from $4.8 billion in 2024. The increase in spending will be driven by the need to manage assets in increasingly congested orbits, as well as the growing demand for intelligence and space domain data in contested and dual-use environments.

Some 95 percent of SSDA investments will come from government programmes, underscoring the role of institutional initiatives as the foundation for SSDA data. Nevertheless, a vibrant and expanding commercial ecosystem is emerging alongside these efforts, aiming to offer advanced, precise and cost-competitive solutions.

Over the next decade, a total of $56 billion is expected to be invested globally to generate SSDA data and services. This figure reflects heightened urgency across the space sector to mitigate collision risk and ensure operational continuity. Proving how SSDA capabilities are quickly becoming a core pillar of the space economy — key to preventing collisions, protecting satellite infrastructure, and enabling long-term mission success in space.

Filed Under: Data Processing & AI/ML, Government & Regulation

Primary Sidebar

Coverage

  • Missions & Constellations
  • Business & Finance
  • Military & Defense
  • Launch
  • Software Automation & Ground Systems
  • Government & Regulation
  • Services & Applications

Most Read Stories

  • FCC Opens Review for SpaceX’s 15,000-Satellite VLEO Constellation
  • Lawmakers Restore Funding for SDA Tranche 3, Add $1.2 Billion to Space Force R&D
  • Strategic Exit: Tower Corp Divests AST SpaceMobile Stake Ahead of Key Launch
  • SpaceX Initiates Formal IPO Process with Potential $800 Billion Valuation
  • NASA Loses Contact with MAVEN Mars Orbiter

About Satnews

  • Contacts
  • History

Archives

Secondary Sidebar

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
x
Sign up Now (For Free)
Access daily or weekly satellite news updates covering all aspects of the commercial and military satellite industry.
Invalid email address
Notify Me Regarding ( At least one ):
We value your privacy and will not sell or share your email or other information with any other company. You may also unsubscribe at anytime.

Click Here to see our full privacy policy.
Thanks for subscribing!