The global space economy reached a new high of nearly $447 billion in 2020, an increase of 4.4% from a revised 2019 figure of $428 billion. The 2020 figure is 50% greater than a decade ago, and 176% greater than . . .
Since Yuri Gagarin’s orbital flight around the Earth in April 1961, humans in pioneering new technologies and pushing the limits of what’s considered possible. This year ushered in a new era of human spaceflight when SpaceX became the first . . .
Spacecraft deployment numbers rose by five in 2019, increasing slightly to 466 spacecraft deployments last year. While deployments moved up, space vehicle launch attempts decreased from 114 in 2018 to 103 in 2019. The difference between. . .
The science, technology, engineering, and mathematics (STEM) workforce is at the core of the space industry—from the mathematicians and astronomers who analyze space to the engineers who design and build the launch vehicles that get us there. This workforce is enabled . . .
Growth in the government investment sector of the space economy outpaced commercial sectors as the U.S. and non-U.S. government shares of the global space economy between 2017 and 2018. . .
The global space industry employs hundreds of thousands of highly skilled individuals to design, produce, and operate cutting-edge technology. This dynamic workforce contributes to local economies, with clusters of innovative companies and service . . .
As of March 6, 2019, information was available about 38 nations that deployed and operated 465 spacecraft during 2018. The number of nations operating spacecraft grew 10% from 2017 to 2018, with 75 total nations operating spacecraft. While . . .