News & Media

Is the Space Industry Growing?

By Space Foundation Editorial Team | March 8, 2022

The space industry is not only growing, but it’s growing at an exponential rate. The value of the global space economy rose to $447B in 2020 — 55% higher than a decade ago, and part of a five-year trend of uninterrupted growth.[1] [1] The Space Report 2021 Q2 Edition The world’s fascination with space is …

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