Space Economy

The New Frontier for Development

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  • According
  • to
  • the
  • OECD
  • definition,
  • the
  • space
  • economy
  • is
  • the
  • full
  • range
  • of
  • activities
  • that
  • create
  • value
  • to
  • human
  • beings
  • through
  • exploring,
  • researching,
  • understanding,
  • managing,
  • and
  • utilizing
  • space.
  • It
  • includes
  • all
  • actors
  • engaged
  • in
  • developing,
  • providing
  • and
  • using
  • space-related
  • products
  • and
  • services:
  • research
  • and
  • development,
  • space
  • infrastructure,
  • space-derived
  • applications,
  • as
  • well
  • as
  • the
  • resulting
  • scientific
  • knowledge.
  • The
  • space
  • economy
  • thus
  • goes
  • far
  • beyond
  • the
  • space
  • sector
  • in
  • the
  • narrow
  • sense
  • to
  • encompass
  • many
  • others:
  • think
  • of
  • agriculture,
  • environmental
  • protection,
  • natural
  • resource
  • management
  • and
  • transportation,
  • to
  • name
  • a
  • few.
  • The
  • space
  • economy
  • is
  • now
  • worth
  • $469
  • billion
  • globally,
  • with
  • double-digit
  • percentage
  • growth
  • forecast
  • for
  • the
  • coming
  • decades.
  • Most
  • importantly,
  • it
  • will
  • provide
  • opportunities
  • for
  • less
  • developed
  • countries,
  • contributing
  • to
  • the
  • achievement
  • of
  • sustainable
  • development
  • goals.
  • From
  • these
  • considerations
  • begins
  • the
  • fascinating
  • journey
  • that
  • fills
  • the
  • pages
  • of
  • this
  • book:
  • space
  • exploration
  • and
  • tourism,
  • extra-terrestrial
  • communications,
  • asteroid
  • economics,
  • Made
  • in
  • Space
  • products,
  • but
  • also
  • space
  • debris
  • jamming
  • the
  • traffic
  • of
  • increasingly
  • congested
  • orbits.
  • The
  • future
  • is
  • indeed
  • just
  • around
  • the
  • corner;
  • all
  • we
  • have
  • to
  • do
  • is
  • to
  • equip
  • ourselves
  • with
  • all
  • the
  • necessary
  • knowledge
  • to
  • face it.
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