The space sector is one of the fastest growing industries globally – it’s predicted to be worth $3 trillion by 2040. The space sector has witnessed remarkable growth in the last decade, and this trend is expected to continue and further intensify in the coming years. With the advent of the so-called “NewSpace”, several new players have entered the arena. The space sector is no longer the exclusive domain of government agencies and large corporations. Nowadays, innovative start-ups and entrepreneurial ventures are leading the way in developing new technologies and services.
NewSpace companies are involved in a wide range of activities, from building and launching satellites, to providing space-based services such as earth observation, telecommunications, and navigation. NewSpace companies have brought innovation, agility, and cost-effectiveness to the sector, driving unprecedented growth and new opportunities. The emergence of NewSpace companies has brought a new level of excitement and optimism to the space industry. As the industry continues to evolve, it is likely that we will see more NewSpace companies emerge, further fuelling the growth of this exciting and rapidly expanding market

Here is the wide spectrum of specialization areas that you can consider for your career development: