According to the general director of Beyond Gravity for Portugal, Mário Guedes Vidal, the company intends to eventually produce space components in Portugal.
"It is in our medium-term plans to have a factory here", the director told Lusa, adding that to this end the company will evaluate partnerships and support from public policies.
The company owned by the Swiss state (which is in the process of being privatised) develops space components (for rockets, launchers, and satellites) and is present in seven countries, with 1,800 employees.
In Portugal, it has had a hub since 2023 (since July this year, the Portuguese company Beyond Gravity Portugal has existed) and already has 100 employees in the areas of space engineering, digital and innovation, as well as financial and support areas.
The company also maintains its goals of reaching 200 employees in Portugal by 2025 and also, in the medium term, "becoming the largest special engineering company operating in Portugal".
According to Beyond Gravity, 95% of aerospace missions have some component from the company, be it an antenna, a solar panel or a screw.
In 2023, globally, Beyond Gravity had global revenues of around 383 million euros, 8% more than in 2022.
According to Ivan Vallejo, member of the executive board of Beyond Gravity, the aerospace industry is currently experiencing accelerated growth (the so-called second space race), in a more commercial phase of industrialization, 'standardization' and automation, so the goal is to make access to space increasingly cheaper.
According to industry data, 25,000 satellites are expected to be launched by 2030 (there are currently 10,000 satellites in orbit).
Beyond Gravity's current clients include companies such as ESA, NASA, Space X, Airbus Defence & Space, Thales Alenia Space, and Amazon.