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The Space Economy in Figures

How Space Contributes to the Global Economy

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The space economy is expanding and becoming increasingly global, driven by the development of ever-more governmental space programmes around the world, the multiplication of commercial actors in value chains, durable digitalisation trends, and new space systems coming of age. This report describes these emerging trends using new and internationally comparable data and indicators. It highlights the growing importance of space activities for the economy, for developing country strategies (based on original official development assistance statistics), for the pursuit of knowledge and scientific discoveries, and for society in general. To get the most out of space investments and promote sustained socio-economic growth, this report provides some recommendations to countries in building up their statistical evidence on space actors and activities.

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Canada

Canada has strong capabilities in telecommunications, earth observation, synthetic aperture radar (SAR) and computer vision systems, aerospace manufacturing and robotics. In the 1960s, it was the third country to launch a satellite into space (Alouette-1) and it is currently an active member of international science and earth observation missions. It is one of the partnering countries on the International Space Station and has also announced its participation in NASA’s Gateway initiative, a manned outpost orbiting the Moon. Under the authority of the Department of Innovation, Science and Economic Development (ISED), the Canadian Space Agency (CSA) is responsible for the co-ordination of space policies and programmes in Canada.

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