[Excerpt] Fifty years after the Apollo 11 astronauts first walked on the moon, global investment in space is blasting off again. According to new data from space-market specialists Euroconsult, last year 18 countries spent at least $200 million on space-related activities, from satellites to exploration. While the U.S. remains on top, other nations are gaining. China has increased space spending 349% over 15 years. That’s just on the government side. Private investment in space is also reaching a new orbit. A total of $22.3 billion has been invested in 476 space companies since 2009, according to investment firm Space Angels.
Paris, Washington D.C., Montreal, Yokohama, Sydney, November 3, 2022 – Since the 1950s, the space exploration market has been characterized by a small number of large spending nations as they...Read More