From Startup Nation to Space Nation: Inside Israel’s Booming Satellite Industry
Israel, one of the few nations with indigenous satellite launch capability since 1988, saw its space sector contribute ₪6 billion to the economy in 2023. Over 100 space-tech startups operate in the country, raising $300 million last year. The industry is projected to reach ₪93 billion by 2050. Israel collaborates globally and will launch its first state-owned communications satellite, Dror-1, in 2025.