In 2014, four space startups existed in India. In less than a decade, that number increased to 142, according to Goswami.
The PwC study showed the lunar economy could be worth as much as $100 billion by 2040.
At two-year post-secondary schools, the number of students studying manufacturing and technical trades hasn’t bounced back to pre-pandemic levels, with engineering fields taking the biggest hit.
Low unemployment in the United States and an uptick in domestic manufacturing across sectors have driven up demand for science, technology, engineering, and mathematics (STEM) skills across the U.S. industrial base.
But in the bustling Denver market, where overall unemployment hovers near 3%, demand for manufacturing workers is at a 10-year high.
The most significant human spaceflight trend in recent years has been a shift to focus on diversification.
Compared to the total labor market, space industry job growth appears to be speeding up again despite similar initial slowdowns, according to data from the first half of this year.
India has traditionally maintained a large government workforce relative to its private space workforce. However, in recent years, the Indian government has been working to grow its commercial space sector.
Japan is continuing its efforts to promote the growth of new entrepreneurial space efforts. Proposed legislation in Japan would allow JAXA to create a fund to invest in private-sector businesses.
Japan saw growth across all three of these sectors in the past year, with the largest growth, 12.8%, in software.