“In the last ten years, the number of satellites launched into space annually has multiplied twelve-fold, from 200 satellites in 2013 to more than 2600 in 2023. This massive deployment of space infrastructure reflects its growing role in society, supporting critical societal functions such as telecommunications, energy grids, financial transactions and air transportation, as well as essential government services…”

To learn more about the economics of space, read “The Economics of Space Sustainability: Delivering Economic Evidence to Guide Government Action”