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Space infrastructure is a fundamental prerequisite for all activities that make use of space. It comprises all the hardware, software, and operators responsible for creating and supporting the construction, launch, and deployment of spacecraft. Recent years have seen a substantial broadening of the parties involved in building infrastructure: new spaceports are being proposed and developed, the number of small satellites has risen dramatically (often operated by startup companies), and launch companies are developing a wide variety of rockets to serve the entire range of spacecraft sizes currently in use. Although it is unlikely that all of the current ventures will prove successful in both a technical and economic sense, there are many reasons to expect that the industry will benefit overall from the new capabilities that flourish in the years to come.
Read MoreThe Korea Aerospace Research Institute (KARI) had a 2015 budget of 618.7 billion won (US$553.2 million), an increase of 21.4% from its budget in FY 2014 of 509.6 billion won (US$503.7 million).
Read MoreRussia’s space budget has suffered due to the country’s broader economic crisis. Officials of Roscosmos, Russia’s federal space agency, announced in December 2015 that,,,
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