
China’s Capabilities in Space: A Conversation with Kari Bingen
ChinaPower
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China's Space Capabilities
The space economy is near $470 billion as estimated by the Space Foundation, growing to $1 to $3 trillion by 2040 over 90% of today's satellites are commercial. The United Arab Emirates went from no space agency in 2014 to launching a satellite to Mars seven years later with the average age of their mission team of 27 years old. We're seeing a convergence between not just what's happening with space and the collection of data from space, but it merging with the applications of artificial intelligence and automation and analytics. And I would say that the future is going to be overwhelmingly commercial and globalized, no longer just dominated by a few governments and government resources.
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