The global space economy could be worth close to $2 trillion by 2035. This is according to a new World Economic Forum report released this week. The report says it expects the sector’s valuation to surge up to $1.8 trillion by 2035 and be roughly rival the size and reach of the global semiconductor industry…

Starlab Space, the joint venture between Voyager Space and Airbus, welcomed Japanese multinational company Mitsubishi Corporation as a new strategic partner and equity owner. This partnership, announced on April 4, aims to expand access for the Japanese space economy and industrial base into the Low-Earth Orbit (LEO) marketplace by utilizing Starlab's technologies and capabilities. Mikito…

Texas Governor Greg Abbott launched the new Texas Space Commission this week to improve the state’s position in the national space industry. Abbott also announced inaugural members of the commission’s board of directors and the Texas Aerospace Research and Space Economy Consortium (TARSEC) executive committee during an event at NASA's Johnson Space Center in Houston…

Varda Space’s mission is to expand “the economic bounds of humankind,” but despite co-founder, CEO and President Delian Asparouhov’s self-described “deep passion” for aerospace, you’re more likely to find him at a pharmaceutical trade show than a NASA conference. The company, which was co-founded in late 2020 by Asparouhov, Will Bruey, and Daniel Marshall, is…