Per November 2020, 92 New Space Companies employed a combined workforce of about 2,908 people. Most businesses (71%) employ 20 or less professionals. About 60% of the workforce was observed in the Upstream sector of which each Launch or Launch-service providing company employs a workforce of about 115.7 FTE’s on average (including employees of MT Aerospace AG). Within the Downstream activities, the Downlink segment related companies employ on average 41.1 FTE’s. Businesses of the “Other” market segment include predominantly consulting services in relation to space, engineering, project management, R&D or defense. This market accounts for about 8% of the jobs. The average workforce of this subsegment is 23.2.
Note: value chain segmentation in reference to Seraphim Spacetech Market Map 2019.Source: German New Space Industry Report 2020; Release date: 04/2021
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