
Globalization of Space Draws New Market Entrants
The Space Foundation
“While a number of Asian countries have long-standing space programs, in recent years the region has emerged as a significant hub for space activity. Over the next five years, an estimated 25 Asian-manufactured satellites are scheduled for launch, with an additional three countries – Malaysia, Pakistan, and Vietnam – planning to purchase payloads for national programs. Economic growth and regional competition among Asian powers has resulted in renewed focus and increased investment in space programs. As a result, Japan, China, India, and South Korea are increasingly moving to match the technological levels achieved by the United States, Europe, and Russia.”
Read the full press release after the break.
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