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 . . .
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.
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 . . .
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 . . .
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. . .
The global space industry employs hundreds of thousands of individuals in well-paid cutting-edge technology jobs, and it relies on a pool of highly qualified workers to fill new jobs as they arise. Trends among this workforce, including its size, age breakdown, average pay . . .
In 2016, the European space workforce included 40,419 individuals, according to Eurospace, the European space industry association. Eurospace conducts annual surveys of European firms involved in the design, development, and manufacturing of space assets. It does not include workers associated with the space services industry, including well-known…
Space activities in Spain are coordinated by the Instituto Nacional de Tècnica Aeroespacial (INTA) within the Ministry of Defense. In 2017, the Spanish government allocated . . .
The space investments of governments continue to shift on the basis of national priorities and politics…
The global space industry continued to grow in 2016, reaching a total of $329.3 billion. This was slightly higher than the previous record of . . .