Approximately 11,000+ active payloads and 17,000+ analyst objects are currently in orbit. Cheaper launches, mini tech, and rising demand for global connectivity, Earth data, and defense fuel this growth. Source: Space-Track.org
The space economy is on track to grow exponentially in the coming years. New companies, growing and novel applications, and overcoming today's challenges will aid in this growth. Source: McKinsey & Company
There were 17% more orbital launch attempts in 2024 than in 2023, setting a new record but not meeting demand. That number includes six failed attempts but does not include suborbital launch attempts. Source: SpaceNews.com