Walter Ballheimer, the CEO of German Orbital Systems, said the company considers Euroconsult’s estimates realistic, but space “is a risky and expensive business.”

The forecast is “based on estimations of a successful deployment of OneWeb and SpaceX megaconstellations which technically are also small satellites,” he said. Credit: German Orbital Systems
NanoAvionics has secured seed funding to commercialize its Enabling Propulsion System for Small Satellites (EPSS). Credit: NanoAvionics
The RemoveDebris mother ship deploys a target satellite in this animation from an SSTL video. Credit: SSTL
European countries are increasingly investing into space situational awareness assets. Germany's GESTRA radar is expected to start operating in 2018. Credit: Fraunhofer FHR
Holger Krag, head of the European Space Agency’s Space Debris Office, only 60 percent of all missions currently end with a successful disposal of the satellite in line with orbital debris mitigation guidelines promulgated by the United Nations. Credit: ESA video screenshot
Ariane 6 rocket in 64 configuration
A Europeanized Russian Soyuz rocket launches the 11th and 12th Galileo satellites from Europe’s Guiana Space Center. Credit: ESA/CNES/Arianespace/Optique Video du CSG/S. Martin
Artist's concept of Galileo satellites in formation. Credit: OHB
David Parker, U.K. Space Agency chief executive. Credit: UKSA
Spire Chief Executive Peter Platzer
Space debris objects, which are not in scale, in Earth orbit. Credit: ESA/European Space Operations Centre
Ariane 6 rocket in 64 configuration
Alain Ratier Eumetsat
Johann-Dietrich Woerner

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