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Increasing annual launches and new players in the launch market have led to several notable payload delivery failures over the past few years.
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Monitoring trends in this workforce across private, civil, and national security sectors and examining changes in wages and location of employment provides insight into broader space industry dynamics.
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In the last decade, Cape Canaveral Space Force Station (the Cape) in Florida and Vandenberg Space Force Base in California have supported more launches than other U.S. launch facilities.
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The global space economy totaled $546 billion in 2022, 8% higher than 2021 — and it could reach $772 billion by 2027, according to Space Foundation analysis.
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In the span of six months from 2023 to 2024, three countries landed spacecraft on the Moon, and many more are in the works.
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Federal space budgets would shrink in 2025 under a March proposal issued by President Joe Biden. The budget, which comes after several years of spending increases on space programs, has been tied to NASA layoffs and program delays.
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After decades of dormancy, the concept of spacecraft nuclear propulsion has returned to prominence. Projects from NASA and the Defense Advanced Research Projects Agency in partnership with the Department of Energy are looking to test the technology in space as soon as 2027.
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Every year, NASA turns $10 billion in research and development funding into roughly 1,000 technology reports and 100 new patents.
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It is the year 2044 and you have been assigned to help manage the extraction of rare earth elements (REEs) including neodymium, dysprosium, and europium from an approaching asteroid.
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The space industry is advancing faster than ever before with continual progress in the government, military and private sectors. Here are noteworthy business highlights from this quarter.
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