2008


Satellites central to 2023’s record defense spending

Led by the United States with $835 billion in total defense spending, military budgets around the world grew to record levels in 2023 and appear on track for another record year in 2024, driven by increased tensions in Asia, the outbreak of war between Israel and militant groups, and the grinding conflict in Ukraine.Led by the United States with $835 billion in total defense spending, military budgets around the world grew to record levels in 2023 and appear on track for another record year in 2024, driven by increased tensions in Asia, the outbreak of war between Israel and militant groups, and the grinding conflict in Ukraine.

Led by the United States with $835 billion in total defense spending, military budgets around the world grew to record levels in 2023 and appear on track for another record year in 2024, driven by increased tensions in Asia, the outbreak of war between Israel and militant groups, and the grinding conflict in Ukraine.

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Space insurance industry estimates, 2003-2022

Space insurance industry estimates, 2003-2022Space insurance industry estimates, 2003-2022

As satellites get smaller and cheaper and companies pivot to building LEO constellations rather than purchasing single large satellites for GEO orbit, many operators are foregoing insurance after launch altogether.

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Launch Attempts and Deployed Payloads, 1983-2022

Two items stand out as primary examples of astronomers’ concerns: the SpaceX Starlink constellation due to its number of satellites and AST SpaceMobile’s BlueWalker 3 satellite due to its size — 693 square feet6 — which ranks as the largest commercial communications array in space.

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Orbital Launch Attempts, 1957-2023

The number of U.S. launch at- tempts climbed from 87 in 2022 to 116 last year. The number of U.S. launches has more than doubled since 2021, which saw 51 launch attempts.

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