New Space Economy

The New Space Economy refers to the growing commercial sector involved in space activities, including satellite services, space tourism, asteroid mining, and lunar exploration. Unlike traditional government-led space programs, this economy is driven by private companies innovating and investing in space technologies. It aims to make space more accessible and profitable, fostering new industries and opportunities beyond government missions. The New Space Economy encourages collaboration, reduces costs through technological advances, and seeks to expand humanity's presence and economic activity beyond Earth, shaping a dynamic and increasingly integrated space enterprise.