nprecedented numbers of spacecraft were deployed during 2021. For the year, space operators successfully deployed 1,730 spacecraft, an increase of 29% from 2020’s deployments of 1,340. Companies and operators from 33 nations took part. . .
Mankind could soon be able to exploit asteroids to obtain natural resources for use on Earth, gather ingredients for missions in space, and support habitation on the Moon and Mars.
Successful launches soared past annual records in 2021 with 134, beating out the previous record of 128 launches, last met in 1984. Chinese launches grew by. . .
The low Earth orbit (LEO) economy is developing rapidly, and new infrastructure will help LEO activity continue to grow. While the International Space Station (ISS) is nearing the end of its life, there are . . .
The Moon is re-emerging as a focus for global space exploration activities at a level and tempo that will surpass the peak of lunar activities during the space race of the 1960s and 1970s. Governments and commercial entities . . .
Between 2011 and 2021, commercial business in the global space industry experienced profound changes in the small satellite (SmallSat) sector. In less than 10 years, an ecosystem expanded, catering to commercial SmallSat operators. The sector . . .
Commercial space activity, undertaken by private industry with little or no government investment, accounts for more than 79.8% of the global space economy. Despite the global pandemic, commercial space revenues continue to . . .
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 . . .