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Relm x Seraphim

Space Economy Review

Explore the commercial opportunities, operational pressures, and insurance considerations shaping Earth observation, in-orbit manufacturing, and the satellite supply chain.

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A Closer Look at the Business of Space

Relm and Seraphim examine how space businesses turn technical capability into commercial value. Across three areas of the space economy, the report considers the demand, infrastructure, financing, and risk decisions that influence progress, including the role of insurance.

Inside the Space Economy Review

  • 01

    Turning Satellite Data into Business Value

    Earth Observation

    Customers increasingly want insight they can use straight away. That means dependable delivery, clearer links to existing workflows, and less reliance on specialist handling. Providers that remove complexity through analytics, automation, and workflow-ready tools are gaining traction.

    Pg. 3–4

  • 02

    Making Microgravity Work Commercially

    In-Orbit Manufacturing

    Microgravity can unlock material properties and production methods that are difficult to achieve on Earth. The challenge is turning that advantage into repeatable commercial value while working within the realities of launch, return, and infrastructure.

    Pg. 8–9

  • 03

    Building a More Resilient Satellite Supply Chain

    Satellite Supply Chain

    Resilience now goes beyond engineering. As production scales, operators and suppliers also need the financial strength to absorb delays, cost volatility, and disruption. That’s putting more focus on liquidity, working capital, sourcing, and control.

    Pg. 11

  • 04

    What You'll Take Away

    • Where value is emerging: see where technical capability is translating into real demand, stronger customer adoption, and commercial traction.
    • What can slow growth: understand the pressure points, from capital and infrastructure to service reliability, supply chains, and execution.
    • How risk is changing: explore where insurance is adapting as space businesses mature, infrastructure develops, and new operating models take shape.

Who this report is for

Space companies, investors, insurance brokers, and risk professionals assessing commercial opportunities and the risks behind them.

Explore the full review

Download the report for the full analysis from Relm and Seraphim.