The Space economy hit $447 billion in 2021 and the pace of growth was expected to accelerate in 2022.
This interactive chart tracks 2021 launch attempts and shows that commercial launches have become the largest mission sector in the United States.
Seven nations conducted orbital launches in 2021, with China, the United States and Russia continuing a years-long lead in launch activity.
Successful launches soared past annual records in 2021 with 134, beating out the previous record of 128 launches, last met in 1984. Chinese launches grew by. . .
The low Earth orbit (LEO) economy is developing rapidly, and new infrastructure will help LEO activity continue to grow. While the International Space Station (ISS) is nearing the end of its life, there are . . .
The Moon is re-emerging as a focus for global space exploration activities at a level and tempo that will surpass the peak of lunar activities during the space race of the 1960s and 1970s. Governments and commercial entities . . .
Hiring in more than a dozen nations continued to escalate in 2020 despite the pandemic. A snapshot of key workforce data follows. Analysis of trends in the global space workforce provides insight into the current and future health of the space sector.
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 . . .
As with so many industries around the world in 2020, the coronavirus pandemic brought disruption and change to the global space industry. Despite setbacks, hiring in many nations continued to escalate. Analysis of trends in the global space. . .