The future challenges of space economy

The numbers confirm it: the space economy is on the rise. In 2021, the total turnover exceeded 370 billion dollars. To put it in the words of contemporary astrophysicists: the economy of space will be the common thread of the economies of the future.

In this article we will now focus on studying the economy of space and the economic effects of space activities. So, when it comes to space economics, it is first of all necessary to distinguish the space for space and space for earth applications, i.e. what can be done in space for a sustainability of space activities and what can be done in space for terrestrial sustainability.

In this double track, there are several challenges on the horizon, such as approaching lunar exploration in a sustainable way, overcoming the climate crisis on earth thanks to space or keeping the space environment clean of waste.

Here are the future challenges of space economy.