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Commercialization

OECD Report: The Space Economy at a Glance 2014

By Keith Cowing
NASA Watch
October 24, 2014
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OECD Report: The Space Economy at a Glance 2014
“The Space Economy at a Glance 2014 shows that while space budgets in the 34 OECD countries totalled USD 50.8 billion in 2013, down from USD 52.3 billion in 2008, the combined space budget of the BRICs (Brazil, Russia, India and China) swelled to USD 24.0 billion from USD 16.5 billion over the same period.  Supply chains for spacecraft, launchers and parts are increasingly globalised, IT companies are becoming satellite operators and rapid growth in small satellite launches will mean more commercialisation of earth observation data.”

NASA Watch founder, Explorers Club Fellow, ex-NASA, Away Teams, Journalist, Space & Astrobiology, Lapsed climber.

One response to “OECD Report: The Space Economy at a Glance 2014”

  1. numbers_guy101 says:
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    In the executive summary, a subtitle is “The “democratisation” of space is gaining ground”. The last line – “These new dynamics, coupled with globalisation, could increasingly impact the way space activities are conducted around the world, particularly for incumbent industrial actors.”

    So, if we are heading to a democracy in space activity, what are we now?

    Always a nice report.