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There is a broad consensus that high-quality STEM education is critical to producing a workforce capable of maintaining a competitive edge in numerous technological areas, including space. However, space leaders, elected officials, and government agencies in the United States have frequently expressed concerns that the supply of potential new STEM workers is not adequate to meet future demands.
Read MoreEstimated 2011 revenue for satellite communications reached $## billion, #% higher than the $## billion for 2010. The satellite communications segment includes both fixed satellite services and mobile satellite services. FSS refers to the delivery of satellite communications to stationary ground receivers that can be moved from one location to another but do not work while in transit. MSS systems can maintain a communications link with a mobile receiver, and include applications such as satellite telephones or in-flight communications. Both types carry video, voice, and data.
Read MoreAs space activities across the globe become more dynamic—blending commercial, government, and cross-border activities—governments increasingly see a need for a formal space policy to provide a framework for coordination and…
Read MoreThe outlook for space activity is largely positive, in spite of the challenges facing many of the governments and agencies most active in space. In many ways, 2011 was a…
Read MoreIn FY 2011, Japan allocated ¥## billion (US$## billion) for space programs across the government, a decrease of approximately ##% from the previous year’s total of ¥## billion. This represents approximately ##% of the country’s ¥## trillion (US$## trillion) national budget. Japanese space spending is allocated among several government ministries, coordinated through the Strategic Headquarters for Space Policy. In FY 2011, which ran from April 2011 until March 2012, the Japan Aerospace Exploration Agency (JAXA), funded through the Ministry of Education, Culture, Sports, Science and Technology, operated with a budget of ¥## billion (US$## billion), representing approximately ##% of Japan’s space spending.
Read MoreIn December 2011, Reuters reported that the Russian space workforce numbered 250,000 professionals, 90% of whom are older than 60 or younger than 30. Demographically, Russia faces a very different situation than the United States, where these two age groups make up less than 20% of the workforce.
Read MoreThe estimated revenue for satellite radio increased ##% from $## billion in 2010 to $## billion in 2011. Sirius XM is the sole contributor to the sector’s revenue for 2011, since WorldSpace exited the market in 2010 amid bankruptcy. Sirius XM continues to leverage its North American subscriber base through auto installations, while expanding into installations for homes, businesses, restaurants, and overseas.
Read MoreDTH television’s estimated revenue of $86.42 billion for 2011 makes up 78% of the total revenue for the commercial space products and services sector. North American DTH companies DIRECTV and…
Read MoreThe commercial sector continues to dominate the space economy. Total revenue for commercial space products and services in 2011 is estimated at $## billion, #% more than the $## billion in 2010. This total includes revenues from satellite broadcasting, communications, and Earth observation. Although updates for the geolocation and navigation industry are discussed in this section, the associated revenues are included in the ground equipment sector because the majority of the revenue is derived from…
Read MoreThe satellite insurance industry saw profits decline in 2011 but the industry was still profitable, continuing a decade of strong performance. Aon/ ISB, an insurance brokerage, reported that the space insurance industry in 2011 collected premiums totaling approximately $## million while spending totaled $## million on claims.
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