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Space

Global Space Industry Revenue Soared 18 Percent To $220 Billion Last Year

DDN

Monday, October 15th, 2007

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Space Agencies Worldwide See Budgets Up, Except In Japan The worldwide space industry saw blistering 18 percent growth to a total $220 billion revenues last year, compared to 2005, the Space Foundation disclosed in releasing its Space Report 2007. "Space businesses are on the rise around the globe, providing solid returns for investors," said Elliott G. Pulham, foundation president and CEO. Nearly every sector of the space industry experienced growth in 2006, according to the report. Satellite-based products and services…

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