Tag: Space Economy

Today is the Last Day to Save on ASCEND 2026 Registration

FROM THE INSTITUTE
ASCEND 2026 is where the global space community comes together to turn bold ideas into real outcomes. Bringing together 2,000+ leaders from industry, government, and academia, ASCEND covers everything from space economy and national security to lunar exploration and next-gen technology—across 130 sessions and 190 technical papers. Powered by AIAA and backed by partners including Lockheed Martin and the ISS National Laboratory, this is the event that drives the space sector forward. Secure your seat today, before rates go up.

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SpaceX Secures SDA-4 Launch Task Order from U.S. Space Force

Defense Daily reports, “SpaceX has received a more than $178 million task order from U.S. Space Force’s Systems Command (SSC) for two National Security Space Launch Phase 3, Lane 1 launches from Cape Canaveral Space Force Station, Fla., and Vandenberg Space Force Base, Calif., for the Space Development Agency-4 (SDA-4) mission in fiscal 2027. The latter includes ‘dozens of missile tracking satellites’ by Sierra Space, SSC said on Tuesday.”
Full Story (Defense Daily)

2026 AIAA David W. Thompson Lecture in Space Commerce Presented by Blue Origin’s Tory Bruno During ASCEND 2026

FOR IMMEDIATE RELEASE

March 31, 2026 – Reston, Va. – AIAA is pleased to announce the 2026 AIAA David W. Thompson Lectureship in Space Commerce is awarded to Tory Bruno, President, Blue National Security, Blue Origin, and former president and CEO, United Launch Alliance (ULA).

Bruno’s lecture, “Transforming ULA: Shaping the Future of Space Launch,” will be presented Tuesday, 19 May, 12:15 p.m. ET, during ASCEND 2026, 19–21 May, Washington, D.C. The lecture will be delivered in person, as well as recorded and available on demand. Registration for ASCEND 2026 is open now. Journalists can request a Press Pass online.

Bruno’s lecture will address his leadership tenure at ULA which began in 2014, a pivotal time when the industry was on the precipice of a new competitive launch market. He implemented a business strategy to completely transform ULA to compete in a global commercial environment, while continuing to launch ULA’s customers’ critical missions with 100% mission success. Under Bruno’s leadership, ULA also began developing a new next-generation rocket, purpose-built to maintain the accurate delivery of the U.S. government’s most complex missions. As a testament to the company’s corporate change, ULA recently received the largest commercial rocket purchase in history.

Bruno is an expert in several rocketry and hypersonic technologies and holds multiple related patents. He is a tireless advocate for the industry, sharing his passion for space technology and his vision of a self-sustaining human presence beyond Earth. He joined Blue Origin in January 2026, overseeing the development of cutting-edge products, services, and technologies to enhance national security missions.

Bruno is an AIAA Honorary Fellow. He also is a former member of the Defense Innovation Board Space Advisory Committee and the National Academy of Engineering. Bruno has served on the National Space Council Users’ Advisory Group and as an advisor to the Vice President of the United States on space policy, regulation, and technology. He also has received the Von Braun Trophy, the von Karman Medal, a member of the Space and Satellite Professionals Hall of Fame, and a member of the San Diego Air & Space Museum International Hall of Fame.

The David W. Thompson Lectureship in Space Commerce recognizes a prominent industry leader or senior management team who has created or grown a space-related business and generated substantial economic benefits and market value. It was endowed by Orbital ATK to commemorate the long and distinguished career of commercial space pioneer, David W. Thompson.

Media Contact: Rebecca Gray, [email protected], 804-397-5270 cell

About AIAA

The American Institute of Aeronautics and Astronautics (AIAA) is the world’s largest aerospace technical society. With nearly 30,000 individual members from 91 countries, and 100 corporate members, AIAA brings together industry, academia, and government to advance engineering and science in aviation, space, and defense. For more information, visit www.aiaa.org, and follow AIAA on Facebook, Instagram, LinkedIn, and X/Twitter.

Podcast: Axiom CEO Discusses the Next Wave of Commercial Activity in LEO

Space News reports, “In this episode of the Space News Space Minds podcast, host David Ariosto talks with Jonathan Cirtain, CEO and President of Axiom Space. They discuss the challenges — and wonders — of launching a career in an evolving space industry; a key financial sign that the space economy is maturing; and how a commercial presence in low Earth orbit can prepare humanity to explore farther into space.”
Full Story (Space News)

NASA Seeks External Partners to Help Extend Earth Science Missions

Space News reports, “NASA’s Earth Science Division is exploring partnerships with external organizations to support instruments mounted on the International Space Station and free-flyer missions. ‘For some of these missions that are well into or well beyond their planned lifetime, we decided to explore whether or not there might be partners who would be interested in taking on some of the burden with us of keeping these missions going,’ Karen St. Germain, Earth Science Division director, said Jan. 26 at the American Meteorological Society annual meeting.”
Full Story (Space News)

Still “A Long Way to Go” for a Lunar Economic Boom

FROM THE INSTITUTE
The grand visions of a bustling lunar economy remain too heavily dependent on government funding, as private investment in moon missions still lags far behind, start-up founders and investors agreed during a panel discussion at 2025 ASCEND.
Full Story (Aerospace America)

The Space Economy Offers a New Frontier for Business Growth

Via Satellite reports, “The space economy, which for millennia was only a distant dream, is now a present reality. A rapidly expanding sector that uses satellites and space-based technologies, the space economy is poised to transform industries across the board. By 2035, predictions indicate that the space economy is expected to exceed $1.8 trillion, with more than 60,000 satellites in orbit by 2030. This isn’t just about rockets and telescopes; it’s about using the unique capabilities of space to enhance processes, efficiency and resilience on Earth.”
Full Story (Via Satellite)

Space Economy Generates $6.5 Billion in First Quarter

Aviation Week reports, “Companies in the space sector raised $6.5 billion from January to March, an increase of 33% over the fourth quarter of 2023, according to a new report by early-stage venture capital firm Space Capital. The bulk of the investment went to more mature companies, especially late-stage startups. They received $4.3 billion, about 66% of the total. In contrast, growth-stage investments fell 51%.”
Full Story (Aviation Week)

 

 

 

 

Videos

SpaceX Falcon 9 rocket launches 23 Starlink satellites from Cape Canaveral
(Spaceflight Now; YouTube)

Commercial Space Industry Projected to Experience 41% Growth Over Next Five Years

Fortune reports that the global space economy “grew 8% to $546 billion in 2022 and is projected to climb another 41% over the next five years, according to a leading space nonprofit.” The sector is expected “to show resiliency in the coming years, despite uncertainty about the global economy and a recent slowdown in space investment.” Companies are seeing “continued revenue growth from commercial space assets and governments around the world boosting expenditures, according to a report from the Space Foundation, a Colorado Springs, Colorado-based space flight advocacy group.” The analysis “considered spending from 51 governments, as well as commercial revenue from companies in 11 space industry sub-sectors.” Space Foundation Director of Research and Digital Programming Lesley Conn said, “Commercial space is the vital growing sector of the overall space economy. Within five years, certainly you’re going to see a real acceleration and an expansion of space and space assets.”
Full Story (Fortune)