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#SpaceWatchGL Opinion: What is the real annual generated revenue of the space industry? PART 1

Being part of a growing economy is where you want to be these days. And Space promises to be among one of the fastest growing sectors, with huge spillover potential into other industries. Currently, the space economy has been estimated to be at around 386 billion USD in revenue, and expectations predict it to be at 1 trillion USD by 2040. The outlook is attractive and moving within the space sector one could have the impression of booming space businesses. But are those numbers legitimate?

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Celestia UK wins navigation contract from ESA

Hi-tech startup Celestia UK, has won a €800,000 ESA NAVSIP (Navigation, Innovation and Support Programme) contract to develop LEO-SYN+, an innovative PNT (Positioning, Navigation and Timing) solution based on low Earth orbit (LEO) satellite constellations for 5G networks and applications, the company said. The project’s aim is to boost the reliability and performance of GNSS (Global Navigation Satellite System).

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Government and SmartSat CRC invest in Queensland Earth Observation Hub

The Queensland Government and SmartSat Cooperative Research Centre (CRC) have launched the Queensland Earth Observation (EO) Hub, a partnership for two new Earth observation research projects. The Government and SmartSat CRC are both investing about US $1 million in the project.

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Space Cafè Radio – on tour in Prague – with Dr. Namrata Goswami

In this Space Café Radio – SpaceWatch.Global Senior Editor and Space Cafè Italy Host Dr. Emma Gatti spoke with Dr. Namrata Goswami, an independent scholar on space policy and Great Power Politics. Dr. Goswami  is a Faculty Associate at the Thunderbird School of Global Management, Arizona State University. She is also a consultant for Space Fund Intelligence and a guest lecturer at the seminar on “India Today: Economics, Politics, Innovation & Sustainability”.

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IISL, IAA and IAF conclude collaborative report on STM

The cooperative initiative between the International Academy of Astronautics (IAA), the International Astronautical Federation (IAF) and the International Institute of Space Law (IISL) to develop comprehensive approaches and proposals for Space Traffic Management (STM) has been successfully concluded, the IISL announced.

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Astroscale opens new UK facility in Harwell

Satellite servicing and long-term orbital sustainability provider, Astroscale has opened its new Zeus satellite manufacturing and operations facilities at the Harwell Science & Innovation Campus in Oxfordshire. The new site will enable Astroscale to build satellite debris removal servicer satellites, and develop its commercial offering in the future.

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The Space Café Podcast #64 – Annie Handmer – what’s up with the strange “object K” orbiting the earth in LEO?

Episode 064 features a special guest: Dr. Annie Handmer. A strange object in Low Earth orbit that seems to belong to no one and an even stranger business model with Earth observation satellites are among the topics in the brand new episode of the Space Cafe Podcast. Space Junk podcaster and Senior Manager for Innovation and Policy at HEO Robotics is our guest in the studio.

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