The space economy is projected to reach $1.8 trillion by 2035, but many companies lack a specific strategy to capitalize on this growth. Recent funding rounds for space startups indicate a booming market. Space offers an infinite domain for commerce that stands apart from Earth-based markets. Technology leveraging microgravity is transforming biotech for drug development, while agriculture is utilizing satellite imagery for improved yields. Cybersecurity services are integrating satellite networks into key infrastructure, demonstrating the far-reaching effects and potential of the burgeoning space economy.
Space is becoming a critical infrastructure layer for future business, just as the internet did 30 years ago, with even broader implications.
Biotech companies are leveraging microgravity for drug development and bioprinting, enabling breakthroughs not possible in Earth-bound labs.
Agriculture firms are using real-time satellite imagery to optimize water use, detect crop stress, and improve yield forecasting in precision agriculture.
Cybersecurity providers are pioneering zero-trust security models for space assets as satellite networks become integral to critical infrastructure.
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