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Space Foundation's Latest Global Space Economy Report, and a Familiar Name in Rocket Engines Is Back
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Space Foundation's Latest Global Space Economy Report, and a Familiar Name in Rocket Engines Is Back
The global space economy grew 12% last year, reaching $686 billion, according to a new report from Space Foundation.That’s the second double-digit gain of the decade, though it trails 2021’s 15.5% post-pandemic surge. It’s the fourth-highest growth rate Space Foundation has recorded since it began tracking the industry in 2006. The five-year compound annual growth rate now stands at 9.8%, up more than two percentage points from the prior five-ye…
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