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Space is making it rain—and not just on Mars

If you still think space is all about moon landings and sci-fi dreams, it’s time for a reality check.

Space tech is already fuelling the global economy, and the cash is flowing faster than a rocket launch. From satellite-powered AI to interplanetary cloud computing, this trillion-dollar industry is shaking up everything from finance to climate science.

Why space is the next big business move

Space isn’t just about NASA and billionaires joyriding in zero gravity. It’s now a commercial powerhouse, projected to hit US$1.8 trillion by 2035. The reason? The technology is no longer limited to aerospace. It’s now embedded in everyday industries.

Satellites keep the global economy running, powering everything from stock market trades to Uber rides. AI-driven geospatial intelligence is transforming how we track supply chains, predict disasters, and optimise urban development.

And here’s where it gets interesting. Singapore, a country with zero rocket launch sites, is doubling down on space tech, pouring millions into satellite R&D and forming partnerships with the European Space Agency and India’s IN-SPACe.

Also Read: Big moves in Singapore space finance 2025

Why?

Because they see the writing on the wall. Space is the new Silicon Valley, and the companies investing early are going to clean up.

Where the money’s going: The space gold rush

  • Satellite communications: High-speed internet isn’t just coming from underground cables anymore. Companies like Starlink and Kacific are bringing broadband to the most remote parts of the world, while startups like Transcelestial are pioneering laser-powered data transfer that makes fibre optics look slow.

  • Earth observation and AI: Forget gut instincts, investors and businesses are now making data-driven decisions using AI-powered satellite imagery. Think real-time monitoring of agriculture, real estate, and climate patterns to predict market trends before they happen.

  • The blue carbon economy: Space data is fuelling a US$100 billion boom in carbon credit markets, tracking deforestation, pollution, and climate impact in ways that ground-based systems never could.

  • Deep space data centres: Why keep your cloud storage on Earth when space offers infinite scalability? AI-powered orbital data processing is coming, and it’s set to revolutionise how businesses manage global data.

How to get in before it’s too late

For businesses and investors, this is a once-in-a-generation opportunity. You don’t need to build rockets, you just need to leverage the technology. The easiest way? Partner with space-driven AI startups, invest in satellite data companies, and attend industry events like GSTCE to see where the big deals are happening.

This isn’t the future. It’s happening now. Space is the next trillion-dollar economy, and the only question left is are you in or are you watching from the sidelines?

Editor’s note: e27 aims to foster thought leadership by publishing views from the community. Share your opinion by submitting an article, video, podcast, or infographic.

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Image courtesy: Canva Pro

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