Infographic: Investment In Space Blasts Off

The United Nations' World Space Week, celebrated from October 4 to 10, commemorates two key moments in the history of space exploration. First, the launch of Sputnik 1, the first man-made satellite from Earth on October 4, 1957. Second, the entry into force of the Space Treaty on October 10, 1967, which governs the activities of states in the exploration and use of space and celestial bodies.

Over the past two decades, technological progress has led to a renewed interest in space activities and a new global space race involving a multitude of public and private entities. As illustrated in this infographic, based on data published by the Tauri Group, the total value of investments in the space industry has really taken off in recent years. Between the period 2010-2014 and 2015-2019, the total value invested in space companies has increased five-fold. From 2015 to last year, nearly $17 billion of investment was recorded in the sector, which represents significant growth when compared to the $6 billion invested between 2000 and 2014.