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The Future of Space Economy

The space economy is defined as any activity that involves “exploring, researching, understanding, managing, and utilising space”.

It impacts worldwide industries by advancing telecommunications, navigation, scientific research, and national security through innovations in satellite technology and ongoing space exploration efforts.

The merging of space resources—from prospecting on the Moon and Mars to mining asteroids—aims to transform these materials into essential construction elements, supporting our broader expansion and exploration of the solar system and beyond.

Learn more about the future of space economy with Simon Gwozdz, Founder and CEO of Equatorial Space and advisor in The Vantage View.

KEY HIGHLIGHTS IN THIS VIDEO

# Source: Verified Market Research

The Satellite Data Services Market is projected to reach $34 Billion by 2030, up from $9.75 Billion in 2023.

# Source: Mordor Intelligence

The Space Mining Market is expected to reach $16.3 billion by 2037, up from $2 billion in 2024.

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