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Space Economy News 9 June 2025 - 12 September 2025

Space Race Frenzy: Satellite Triumphs, Cosmic Surprises & Billion-Dollar Bets Galvanize Space Industry

Space Race Frenzy: Satellite Triumphs, Cosmic Surprises & Billion-Dollar Bets Galvanize Space Industry

Key Facts Government Agencies: New Satellites, ISS Resupply & Artemis Science NASA & ESA – Ocean Satellite and Artemis Research: On Sept. 11, NASA and the European Space Agency spotlighted their upcoming Sentinel-6B oceanography satellite, due to launch in November. Sentinel-6B will succeed the current Sentinel-6 Michael Freilich in tracking sea-level rise and ocean conditions. Its altimeter radar will monitor sea surface height, wave heights and wind speeds – data vital for marine weather forecasts that warn ships of storms and high seas nasa.gov. “Sentinel-6B will soon take on the vital task of improving ocean and weather forecasts to help
12 September 2025
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Global Satellite Industry Skyrockets: Inside the $400B Space Boom and the Race to $1+ Trillion by 2035

Global Satellite Industry Skyrockets: Inside the $400B Space Boom and the Race to $1+ Trillion by 2035

Key Facts Industry Overview and Historical Context (A Decade of Transformation) Just 10–15 years ago, the satellite industry was a relatively stable domain dominated by government programs and a handful of commercial players focused on geostationary communications satellites. In 2010 the global space economy was around $277 billion thespacereport.org, heavily driven by broadcasting (satellite TV) and government-funded activities. Since then, the industry has nearly doubled in size, fueled by a wave of private-sector innovation often dubbed the “NewSpace” movement. Companies like SpaceX and Blue Origin – founded in 2002 and 2000 respectively – began to challenge traditional aerospace firms by the
2 September 2025
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Global Space Industry Soars to New Heights: Inside the $500+ Billion Space Boom (2025 Report)

Global Space Industry Soars to New Heights: Inside the $500+ Billion Space Boom (2025 Report)

Key Facts Historical Overview: From Moon Race to the NewSpace Era In the mid-20th century, government programs completely dominated space exploration. The Cold War space race saw the Soviet Union and United States achieve seminal milestones – from Sputnik (1957) and Yuri Gagarin’s first orbit (1961) to the U.S. Apollo 11 Moon landing in 1969. Over the following decades, government-led endeavors built the foundations of today’s industry: satellites for communications and GPS, the Space Shuttle program (1981–2011), and the International Space Station (assembled 1998–2011). Private companies played a supporting role as contractors to NASA, the Soviet space program, etc., but
2 September 2025
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China’s Space Boom: 2025 Market Report Reveals a $350 Billion Space & Satellite Superpower

China’s Space Boom: 2025 Market Report Reveals a $350 Billion Space & Satellite Superpower

Historical Overview of China’s Space & Satellite Industry China’s journey to the stars began during the Cold War. In 1958, Mao Zedong’s government launched the “Two Bombs, One Satellite” program to develop nuclear bombs, missiles, and satellites indigenously warontherocks.com. This led to China’s first satellite – Dong Fang Hong 1 (“The East is Red”) – successfully launched into orbit in 1970, making China the world’s fifth spacefaring nation warontherocks.com. The early decades of China’s space effort were entirely state-run, focused on national security and basic communications. From 1970 through the 2000s, state-owned enterprises steadily put dozens of satellites into orbit for
2 September 2025
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Space Junk Gold Rush: Inside the 2025–2032 Race to Clean Up Earth’s Orbit and Cash In on Sustainability

Space Junk Gold Rush: Inside the 2025–2032 Race to Clean Up Earth’s Orbit and Cash In on Sustainability

Over 32,000 debris objects are regularly tracked, with an estimated 130+ million fragments too small to track, and a 1-centimeter piece can disable a satellite. The International Space Station has performed nearly 40 evasive maneuvers to dodge debris. Kessler Syndrome describes a self-sustaining cascade of collisions that could render portions of orbit unusable. In 2007, China’s anti-satellite test created over 3,000 trackable fragments, and in 2009 a collision between a U.S. Iridium satellite and a dead Russian Kosmos satellite generated another large debris field. There are over 9,000 active satellites in orbit as of 2023, with forecasts of 20,000 to
19 June 2025
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The Economic Impacts of Blue Origin’s Spaceflights

The Economic Impacts of Blue Origin’s Spaceflights

As of mid-2025, New Shepard had completed about 32 flights (12 crewed) and carried over 60 passengers. Blue Origin’s New Glenn heavy orbital rocket achieved its first successful orbital launch in January 2025. One New Shepard seat was effectively selling for about $1.3 million, well above Virgin Galactic’s roughly $450,000 per seat. NASA awarded Blue Origin a $3.4 billion fixed-price contract in 2023 to develop a Human Landing System for Artemis V. Blue Origin has secured about $8 billion in Space Force National Security Space Launch contracts, including roughly $5.6B in Lane 1 and $2.4B in Lane 2. In early
16 June 2025
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LEO Gold Rush: The Billion-Dollar Race to Own Low Earth Orbit (2024–2030)

LEO Gold Rush: The Billion-Dollar Race to Own Low Earth Orbit (2024–2030)

SpaceX’s Starlink has launched over 8,000 satellites since 2019, with about 4,000 operational and service in 125+ countries serving more than 5 million users. OneWeb merged with France’s Eutelsat in 2023 to form a combined GEO+LEO operator, after launching 618 of 648 Gen1 satellites by March 2023 and planning Gen2 at around 300 satellites. Amazon’s Project Kuiper aims for 3,236 satellites, with the first operational Kuiper launch in April 2025 carrying 27 satellites and a deployment target of about 1,618 satellites by mid-2026 under an 83-launch pre-purchase deal. China’s Guowang megaconstellation targets roughly 13,000 LEO satellites by the early 2030s,
9 June 2025
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