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The Space Report for Q4 2023 identified 2023 as the busiest year on record for space activities, with 223 launch attempts and 212 successful launches. [21] More than 2,800 satellites were deployed into orbit, a 23% increase from 2022, and commercial launch activity saw a 50% increase compared to 2022.
The growth in orbital launch cadence can in large part be attributed to SpaceX, as they increased their number of launches from 61 in 2022 to 98 in 2023. The deployment of the Starlink satellite megaconstellation was a major contributing factor to this increase over previous years. This year also featured numerous maiden launches of new launch ...
The growth of the space industry may be attributed to a variety of efforts launched by government organizations as well as investments made by private business owners in this industry all over the world. For instance, the Satellite Industry Association (SIA) estimates that the global space economy was worth around $371 billion in the year 2020.
The Space & Satellite Professionals International was founded in the US in 1983, with Sir Arthur C. Clarke, creator of the satellite concept, as its honorary chairman. [2] It was founded to serve as a professional network in a young industry that was on the verge of substantial growth. Today, SSPI has over 3,000 members in more than 40 nations.
The Space Development Agency (SDA) was established in 2019 by Mike Griffin with his appointment to Under Secretary of Defense (R&E) by President Donald Trump. [8] Griffin was a long time advocate for low Earth orbit constellations to eliminate U.S. vulnerability to ballistic missiles with his work on space-based interceptors for the Strategic Defense Initiative and Brilliant Pebbles in the 1980s.
The World Teleport Association publishes lists of companies based on revenues from all customized communications sources and includes operators of teleports and satellite fleets. In order from largest to smallest, the Global Top 20 of 2021 were: [1] [2] SES (Luxembourg) Intelsat S.A. (Luxembourg) EchoStar Satellite Services (USA) Hughes Network ...
In 2023, the space industry of India accounted for $9 billion or 2%-3% of the global space industry and employed more than 45,000 people. Integration of Polar Satellite Launch Vehicle underway In 2021, the Government of India launched the Indian Space Association (ISpA) to open the Indian space industry to private sectors and start-ups.
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