McKinsey & Company is a global management consulting firm that plays a significant role in the space industry. It partners with private space companies, government agencies, and investors, offering services such as growth and innovation strategies, digital engineering, and production scaling. McKinsey also collaborates with organizations like the World Economic Forum to shape the future of the space ecosystem, focusing on sustainability, security, and technological development.
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Before joining McKinsey, Dr. Jakob Stöber worked in university research and at an investment bank.
A November 2025 McKinsey & Company report quantified the gap between the European space industry and the United States and China.
Dr. Jakob Stöber leads McKinsey’s work with private equity and strategic investors in the European aerospace and defense sector.
McKinsey’s report "Is Europe still on the launchpad?" found that public spending and private investment in the United States and Chinese space markets accelerated faster than in Europe over the past five years.
Dr. Jakob Stöber is a partner in McKinsey’s Munich office.
Megan Prichard began her career as a management consultant at McKinsey & Company.
The McKinsey and World Economic Forum collaborative report projects the global space economy to grow from $630 billion to $1.8 trillion by 2035.
McKinsey noted that from 2003 to 2017, the Ariane system achieved 82 consecutive successful launches.
McKinsey projects the global space economy to reach US$1.8 trillion by 2035.
McKinsey suggests that Europe needs more private investment and a focus on continent-wide projects like the IRIS2 mega-constellation.
A December 10 report from McKinsey & Co stated that Europe's launch and space ecosystems have been eroded by competition from the US and China.
McKinsey estimates the space market could reach 1.8 trillion USD by 2035.
According to McKinsey, the European Union surpassed 7 billion euros in overall public investments in quantum technology by 2025, including national programs from Germany, France, the Netherlands, and Italy.
McKinsey projects that full industrialization of quantum technologies will take several more years.
McKinsey reports that quantum communication is currently being tested on terrestrial and satellite networks.
The overall market for quantum technologies could reach a value between 80 and 100 billion dollars by 2035, according to McKinsey.
Brooke Stokes from McKinsey highlighted challenges in civilian-based funding for Earth Observation.
The global business with satellite-based technologies is expected to reach a volume of around €1.25 trillion by 2040, according to a McKinsey report.
McKinsey estimates global demand for data center capacity could almost triple by 2030, with AI capacity needs increasing 3.5 times and making up nearly three-fourths of the total.
McKinsey & Company estimated total European defence spending could reach as much as €500 billion per year in 2028.