Space Foundation records show Pentagon space spending has more than doubled since 2005 from $19.7 billion to $41.4 billion
In 2021, despite high-profile insurance claims on numerous satellites. . . Net premiums totaled $537 million, and incurred losses were $362 million.
From Jan. 1 to June 30, the first six months of 2022 saw 75 orbital launch attempts worldwide with 72 successful launches. The launch number was matched only in 1967 and the number of successes broke records.
For this year’s analysis, Space Foundation incorporated historical data and 2022 government spending to project the global space economy’s growth over the next five years. Using our methodology, we predict that the total could reach $639 billion by 2026. Our modeling takes a more conservative approach based on average growth of established sectors and does not factor in developing sectors such as lunar habitation or still exploratory concepts such as asteroid mining.
European space industry workforce by sector; launchers, spacecraft, and ground for 2003 through 2020.
Commercial Infrastructure and Support Industries, 2005-2020 Specifically amounts in Billions of U.S. dollars for commercial satellite manufacturing, and launch industry, as well as ground stations and equipment.
Space insurance claims in 2021 fell to one of the lowest levels in the past two decades.
South Korea is intent on building its space program, as this look at its national space agency budget reflects.
From the days of Sputnik to SpaceX, this chart tracks launch attempts and successful launches.
According to the Society of Japanese Aerospace Companies, the Japanese space workforce included 8,725 workers in 2019. . . More than 70% of these workers are in the space vehicle sector. While this sector decreased 1.9% from 2018 to 2019, it remains nearly 10% larger than it was five years ago.