Space Debris: A Growing Concern and a Multi-Billion Dollar Opportunity

Space debris, emanating from satellites and space stations, poses a significant threat due to the growing accumulation in space orbit. With over 100 million pieces of space junk, the risk of collisions is escalating, especially with approximately 6,000 active satellites in low-Earth orbit. Recent incidents, such as a near miss between a Russian satellite and a NASA craft, highlight the urgent need for debris mitigation strategies to prevent catastrophic impacts on crucial missions and orbital safety.