Employment in the German NewSpace Industry (average FTE numbers by Value Chain Segmentation 2020)
Per November 2020, 92 NewSpace Companies employed a combined workforce of about 2,908 people. Most businesses (70%) employ 20 or less professionals. About 59% of the workforce was observed in the Upstream sector of which each Launch or Launch-service providing company...
Business age of the German NewSpace Industry 2020
The German NewSpace ecosystem is a young and fast-growing industry. Only 45% of the 92 in-scope German NewSpace 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...