Space Economy Faces Ticking Clock on Collision Risk
With satellite traffic surging, the risk of orbital collisions is rising fast. Novaspace’s new Space Situational and Domain Awareness report reveals $56B in projected global investment over the next decade to secure the future of space operations.
Defense Spending Drives Government Space Budgets to Historic High
Global government space investments reached a record $135 billion in 2024, with defense spending driving growth. Novaspace’s 24th Government Space Programs report provides in-depth analysis of over 90 countries, covering defense and civil budgets, strategic trends, and forecasts through 2033. Get the full report to access actionable insights and stay ahead in the evolving space sector.
Highlights of the 2024 Space Economy
Discover how the space economy is evolving in 2024, with key trends like Direct-to-Device connectivity, rising government investments, and industry consolidation. Learn about the challenges and opportunities shaping the future of this $596 billion market, projected to reach $944 billion by 2033.