Hardik Shah
2026.05.28 13:17

๐Ÿ“ข ๐‰๐”๐’๐“ ๐ˆ๐: Space Economy Market Could Exceed $1 Trillion By 2030

$AST SpaceMobile(ASTS.US) $Rocket Lab(RKLB.US) $SpaceX(SPCX.US) $Planet Labs(PL.US) $BlackSky Tech(BKSY.US) $Redwire(RDW.US) $Momentus(MNTS.US) $Intuitive Machines(LUNR.US)

China's Ministry of Industry and Information Technology (MIIT) said it supports forward-looking research on space-based computing and will orderly promote development of the space-compute industry. Space computeโ€”placing chips and servers on satellites to process data in orbitโ€”offers faster, real-time processing and wider coverage. Industry groups forecast the global space economy could exceed $1 trillion by 2030, with space compute a key infrastructure segment. Chinese firms are building larger compute constellations and tackling core technologies; in April a multi-party Space Compute Innovation Center was launched in the Beijing Economic-Technological Development Area and published a priority tech list covering reusable rockets, space photovoltaics, laser communications and radiation-hardened chips, with individual projects eligible for up to 10 million yuan in funding.

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