Space Economy Grows Despite Pandemic Written 24 August 2021
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_(cropped).jpg "Space Economy Grows Despite Pandemic")
A SpaceX Falcon 9 launches from NASA’s Kennedy Space Center May 30, 2020. | Credit: NASA/Joel Kowsky; Wikipedia; Public Domain
Space News reports that the overall space economy “expanded 4.4 percent to $447 billion in 2020 with more nations participating than ever before, according to the Space Foundation’s updated Space Report.” Global government spending on space programs declined slightly in 2020 by 1.2 percent. The report also shows an increase in space launch activity. During the first six months of 2021, “there were 61 successful space launches, compared with 45 for the first six months of 2020 and 41 in 2019.”
Full Story (Space News)