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The Space economy hit $447 billion in 2021 and the pace of growth was expected to accelerate in 2022.
Read MoreWith 15 new launch vehicles expected to make maiden flights this year, 2022 is set to be the busiest year for new rockets since the dawn of the Space Age.
Read MoreWhile increased congestion and debris from a Russian anti-satellite weapons test roiled insurance markets for some spacecraft in low Earth orbit, increases in launch reliability and a booming marketplace with historic numbers of satellites . . .
Read MoreThe United States relies on an integrated space workforce and space industrial base to provide the critical supply chains that support U.S. leadership in space.
Read MoreAs satellite assembly lines and mass production of new launch vehicles continue to ramp up, U.S. labor shortages in the manufacturing sector threaten to slow the pace of space industry growth.
Read MoreJust as the space industry is thriving and creating a bevy of new jobs, falling STEM (science, technology, engineering, and mathematics) proficiencies and dwindling STEM-career interest among U.S. students threaten to exclude today’s young people from realizing opportunities in today’s space ecosystem . . .
Read MoreWhile global launch activity has ebbed and flowed over the past 50 years, with a previous peak of 129 orbital launch attempts in 1984 and a trough of 55 in 2004.
Read MoreSouth Korea is a relatively new actor in space and has a smaller presence in space than other nations. However, government leaders have ambitious goals for the future . . .
Read MoreThe recent eruption of an underwater volcano on Hunga Tonga-Hunga Ha’apai, an uninhabited island in the South Pacific archipelago of Tonga, was possibly the largest eruption ever witnessed during the satellite era.
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