By September 13, 2019 Read More →

Space power will become as important as geopolitical power

After an early thrill ride in the 1960s, followed by a sleepy coasting, space is again abuzz with activity. This time it is different – radically different – and the labels show it: “NewSpace”, “Space 2.0” or “The Second Space Age”. There are now many more players, much more money, vastly better technology, bigger interests, greater risks and grander visions.

The best parallel is with the Internet of 2019 compared to that of 1999, but in the case of space the shift has been more sudden. In a few short years new technologies have bridged important economic gaps and have unlocked the field for a wide range of commercial actors. Extraordinary projects – such as mega-constellations of thousands of small satellites – which were on no one’s radar ten years ago have now become viable and are in fact being delivered. The use of satellite data has likewise exploded both in terms of demand and in terms of applications and service providers.

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Author Gabriel Elefteriu is head of space policy at Policy Exchange, the leading UK think tank

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