Global Space Economy Hit $447B In 2020, Report Shows

Credit: Space Foundation database
COLORADO SPRINGS—Despite the worldwide pandemic, the global space economy grew 4.4% last year to reach $447 billion, with the commercial sector accounting for the bulk of the increase, a new Space Foundation report shows. Overall government spending on space programs dipped slightly in 2020 due to...

Global Space Economy Hit $447B In 2020, Report Shows is part of Aviation Week Network's complimentary online access.

Register now to read this content, plus receive complimentary access to articles from our experts in the global aerospace, air transport, mro, defense and space and business aviation communities.

Already registered to Aviationweek.com or AWIN? Log in with your existing email and password.