Russia’s use of hypersonic weapons in Ukraine is the latest escalation in a growing arms race for missiles that can travel through the atmosphere at more than Mach 5. The U.S. and its allies are accelerating spending on hypersonic weapons development, but haven’t fielded one to date, prompting leaders to fear a missile gap. . .
NASA’s civil service workforce has grown gradually in recent years, contributing to an increase in U.S. space employment.
Core employment in 5 key space sectors continued to grow in 2021. These employment levels do not reflect all employment in the U.S. space industry, but rather, track employment in key sectors most closely associated with U.S. space employment.
The Space economy hit $447 billion in 2021 and the pace of growth was expected to accelerate in 2022.
With 15 new launch vehicles expected to make maiden flights this year, 2022 is set to be the busiest year for new rockets since the dawn of the Space Age.
While increased congestion and debris from a Russian anti-satellite weapons test roiled insurance markets for some spacecraft in low Earth orbit, increases in launch reliability and a booming marketplace with historic numbers of satellites . . .
The United States relies on an integrated space workforce and space industrial base to provide the critical supply chains that support U.S. leadership in space.
As satellite assembly lines and mass production of new launch vehicles continue to ramp up, U.S. labor shortages in the manufacturing sector threaten to slow the pace of space industry growth.
Just as the space industry is thriving and creating a bevy of new jobs, falling STEM (science, technology, engineering, and mathematics) proficiencies and dwindling STEM-career interest among U.S. students threaten to exclude today’s young people from realizing opportunities in today’s space ecosystem . . .
While global launch activity has ebbed and flowed over the past 50 years, with a previous peak of 129 orbital launch attempts in 1984 and a trough of 55 in 2004.