Photo: Novaspace

Euroconsult and SpaceTec Partners are merging to create a new company, Novaspace. The two companies that have a combined 60 years of experience in covering the space sector will aim to create a strong combined company in the areas of market intelligence, consulting, events. The two companies announced the merger, April 5.

Novaspace has 10 offices around the world and a team of 130 professionals representing 25 countries. It aims to meet local requirements and support stakeholders across the global space industry. It will be anchored by six partners and an extended leadership team.

The combined Novaspace remains privately owned and fully independent.

“This merger marks a significant milestone in our journey. By combining Euroconsult’s strategic vision with SpaceTec Partners’ management consulting heritage, we have a unique value proposition for the space sector,” Pacôme Révillon, CEO of Euroconsult and now CEO of Novaspace, said in a statement.