The space industry encompasses all activities related to the development and utilisation of space technologies. It includes satellite manufacturing, launch services, and space exploration. This sector has significant implications for communication, weather forecasting, and national security. Countries invest in space capabilities to enhance their global standing. The industry fosters innovation and drives economic growth through technology transfer and job creation.
For years, the public identity of SpaceX has revolved around settling humans on Mars. Its founder, Elon Musk, has framed a self-sustaining Martian settlement as insurance against planetary...
The global space sector is undergoing a profound shift—from state-dominated exploration to a commercially driven, technology-intensive industry. With launch costs falling sharply and private players leading innovation, reusable...