To boldly lead the global space industry – With more than 50 startups specializing in space technology, Israel is one of the leading SpaceTech nations in the world. As the „New Space“ market booms, and the race to the moon now mostly in the hands of private players, it is time for Europe to embrace this huge opportunity – and embrace the collaboration with Israel | CTECH
Communication, navigation, radio, weather forecasts – these and many other applications of satellite technology are an integral part of our everyday life. The space market, with a relatively new focus on the so-called New Space industry, has become one of the world’s most significant growth engines. Financial analysts worldwide are unanimously predicting high sales growth in the space market, with numbers fluctuating between one and several trillion dollars by the year 2040.
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