This figure includes both “backbone” applications—such as those for satellites, launchers, and services like broadcast television or gps—and what we term “reach” applications”—those.

Verkkoa new analysis released today from the council of economic advisors outlines the economics behind the administration’s workforce strategy.

Verkkowe estimate that the global space economy will be worth $1. 8 trillion by 2035 (accounting for inflation), up from $630 billion in 2023.

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Verkkotable 2. 1 employment by major industry sector (employment numbers in thousands) industry sector 2022 naics employment, 2013.

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