The German New Space ecosystem is a young and fast-growing industry. Only 45% of the 92 in-scope German New Space Ventures in 2020 are between the ages of 11 and 20 years old. However, the majority of the businesses (55%) are 10 or less years old. 13% were founded during the last 2 years. The German research and university landscape plays an important role in the formation process of German New Space start-ups as 25% of the companies emerged as spin-offs of these institutions.
Source: German New Space Industry Report 2020, release date: 04/2021
BDI LinkedIn Release: https://www.linkedin.com/feed/update/urn:li:activity:6764816904826744832/