The $570bn space economy
The global space economy grew 7.4% in 2023 to $570B, according to the Space Foundation’s annual Space Report.
WC/ 22.07.24
UK awards £33m for national space tech programme
The projects, worth £33 million, come from the UK Space Agency’s National Space Innovation Programme – designed to invest in high-potential technologies, drive innovation and unlock growth across the UK.
Astroscale unlocks space agency funds to deorbit OneWeb satellite
Astroscale has received the remaining government funds needed for a 2026 demo mission to remove a defunct OneWeb broadband satellite from low Earth orbit (LEO).
astranis fully funds Omega with $200m fund raise
Astranis has raised $200 million to fully fund its Omega program up to the launch of the first next-generation broadband spacecraft in 2026, the geostationary satellite maker announced July 24.
The rise of Japan's commercial space industry
While Japan is an economic powerhouse, its demand for space services is still on the smaller side compared to the US, EU, or China. That means companies there need to be thoughtful about what they’re developing and, advocates say, take their wares abroad.