Investments, Innovations, and Ambitions of the Space Economy in 2023

Exploring the Current State and Future of Commercial Space Ventures.

"We have only one planet" is one of the most popular environmental slogans.

We do have only one planet if we think in terms of resource exploitation, but if we reason in terms of optimization and innovation, space can do a lot for the sustainability of a single planet.

The world of space technology is often associated with the discovery of new planets and the realization of interstellar missions, but in reality, the impact of space technologies on life on Earth is already considerable and destined to grow exponentially in the coming decades.

The world already benefits tremendously from space technology, especially in terms of communications, positioning services, Earth observation, and economic activities related to government-funded space programs.

Humanity's capability in space has grown significantly since 1957 when Sputnik was launched.

Since then, we have witnessed the human landing on the moon, 135 Space Shuttle flights, the construction of the International Space Station (ISS), and the launch of over 8,100 space objects, including dozens of exploratory missions in every corner of the Solar System.

The applications of drones and satellites to optimize the use of terrestrial resources and reduce waste are at the forefront of a market, the Space Economy, which currently, according to data from the Observatory of the Politecnico di Milano, is worth around