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 . . .
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. . .
This article is for members. Please sign up for a membership or login below. Username Password Remember Me Forgot Password
Around the globe, many smaller nations—whether in terms of economy or population size—are investing in space projects or programs. The exhibit below shows the most recent available annual budget for civil space activities in a number of selected space states.
The largest in-space platform ever constructed is the International Space Station (ISS). “Led by the United States, the ISS draws upon the scientific and technological resources of 16 nations: Canada, Japan, Russia, 11 nations of the European Space Agency [Belgium, Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom], and Brazil,” according to NASA.