South Korea
2021 TSR – Space Symposium Special Edition: Global Space Economy Climbs Despite Pandemic, Disrupted Government Spending
The global space economy reached a new high of nearly $447 billion in 2020, an increase of 4.4% from a revised 2019 figure of $428 billion. The 2020 figure is 50% greater than a decade ago, and 176% greater than . . .
2020 Global Space Economy Climbs Despite Turbulent Year, Disrupted Government Spending
International successes in space, such as the Hope, Perseverance, and the Zhurong missions to Mars, don’t happen without years of advance government spending. In 2020, as nations struggled to overcome a global pandemic, space spending varied widely across countries and agencies.
2020 TSRQ3 – Infrastructure: Human Spaceflight
Since Yuri Gagarin’s orbital flight around the Earth in April 1961, humans in pioneering new technologies and pushing the limits of what’s considered possible. This year ushered in a new era of human spaceflight when SpaceX became the first . . .
2019 TSRQ3 – Education STEM Proficiency
The science, technology, engineering, and mathematics (STEM) workforce is at the core of the space industry—from the mathematicians and astronomers who analyze space to the engineers who design and build the launch vehicles that get us there. This workforce is enabled . . .
2019 TSRQ2 – Economy: Non-U.S. Government Space Investment
Growth in the government investment sector of the space economy outpaced commercial sectors as the U.S. and non-U.S. government shares of the global space economy between 2017 and 2018. . .
2019 TSRQ1 – Infrastructure: Spacecraft Overview
As of March 6, 2019, information was available about 38 nations that deployed and operated 465 spacecraft during 2018. The number of nations operating spacecraft grew 10% from 2017 to 2018, with 75 total nations operating spacecraft. While . . .
2017 – Economy: Space Economy
The global space industry grew 7.4% in 2017, reaching a total of $383.5 billion. This continues a broad upward trend that spans more than a decade. Traditional sectors for space commerce have continued to grow and are . . .
2017 – Government Space Budgets
Global government spending increased in 2017, totaling $76.2 billion, up from $72.7 billion in 2016. Government spending accounted for 19.9% of the global space economy . . .
2017 – South Korean Government Space Budget – Snapshot
The Korea Aerospace Research Institute (KARI) had a 2017 budget of 659.3 billion won (US$576.0 million), a decrease of 13% from its 2016 budget of 746.4 billion won (US$646.7 million).
2017 – Government Space Budgets – Snapshot
The space investments of governments continue to shift on the basis of national priorities and politics…