Future Space Industries hero illustration

Future Space Industries

The economy beyond Earth

Space is now a commercial frontier. We map the industries emerging around it and the skills they will need.

Lunar surface
Illustration

Future Space Industries

The Global Space Economy

The space economy is estimated at more than US$600 billion a year. The World Economic Forum and McKinsey project it could reach about US$1.8 trillion by 2035.

Much of today’s activity is satellite services, from navigation to broadband and Earth imagery. Launch costs are falling and new entrants are growing the sector.

$600B+ Global space economy, annual
$1.8T Projected by 2035
10,000+ Active satellites in orbit
Earth from orbit, illustration
Earth from orbit, illustration

Future Space Industries

Commercial Spaceflight

Reusable rockets and private capsules have cut the cost of reaching orbit and opened crew and cargo transport to companies. New markets include space tourism, in-orbit servicing and point-to-point transport.

  • Reusable launch vehicles
  • Crew and cargo services
  • Orbital tourism and research flights
Commercial Spaceflight

Future Space Industries

Space Mining Opportunities

The first customers of space resources will be other spacecraft, buying water for propellant and life support, not buyers on Earth. Lunar polar ice and water-rich asteroids are the early targets.

Asteroid, illustration
Asteroid, illustration

Future Space Industries

Satellite Services

Communications

Broadband constellations and direct-to-phone connectivity.

Earth observation

Daily imagery for agriculture, insurance, energy and cities.

Navigation

Positioning and timing that power transport, logistics and finance.

Weather and climate

Forecasts and long-term records from orbit.

Future Space Industries

Space Manufacturing

Microgravity enables high-value products such as fibre optics, pharmaceuticals and advanced alloys. In-orbit assembly makes structures too large to launch whole.

Low Earth orbit, illustration
Low Earth orbit, illustration

Future Space Industries

Space-Based Solar Power

Satellites in orbit could collect sunlight around the clock and beam it to Earth as microwaves. Several space agencies and companies are testing the key technologies, but costs must fall a long way before it is competitive.

  • Constant sunlight above the atmosphere
  • Wireless power transmission tests
  • Large structures assembled in orbit

Future Space Industries

Space Startups and Entrepreneurship

Founder clinics

Mentor sessions on technical risk, regulation and funding.

Venture challenges

Pitch to a panel and win mentoring and facility access.

Talent network

Connect students and graduates with early-stage space companies.

Take the entrepreneurship track →

Future Space Industries

Investment and Industry Insights

Plain-language briefings for investors, policymakers and professionals. SPACE 1 provides education, not financial advice.

Briefing

Where the revenue is

A breakdown of the space economy by segment and growth rate.

Briefing

Regulation and licensing

What a company needs before launching or operating in orbit.

Briefing

Risk in space ventures

Technical, regulatory and market risks and how teams manage them.

Future Space Industries

Future Space Cities

Settlements on the Moon and Mars are a long-term possibility, not a near-term product. We explore the engineering, law, health and ethical questions to prepare students to evaluate such proposals critically.

Mars, illustration
Mars, illustration
Continue exploring

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