Space Economics

Space economics is the study of how resources, technology, and money are used to explore, develop, and utilize outer space. It involves understanding the costs and benefits of space missions, commercial activities like satellite deployment and asteroid mining, and government investments. The goal is to create a sustainable and profitable space industry that can improve life on Earth, support scientific discovery, and foster innovation. Essentially, it’s about balancing financial investment with technological progress to ensure long-term growth and responsible use of space resources.