How best to gauge the value and use of space-based capabilities and our reliance on space, sector by sector?

A new study released by The Aerospace Corporation’s Center for Space Policy and Strategy (CSPS) delves into uses of more than 2,200 active satellites that support earthly infrastructure, economies, and national security systems.

The study explains that, with the help of space-based services, utility companies synchronize energy flows across the grid, stock market exchanges record transactions, oceanographers track endangered whales, while scientists monitor the climate and farmers increase crop yields.

Use of satellite services for agricultural applications.

Communications satellites let air traffic controllers manage planes in crowded airspace, remote-sensing satellites reveal what is happening on Earth’s surface in near real-time, and weather satellites give us a better chance of having an umbrella when we need it.

Frenzy of technological change

“In this frenzy of technological change and policy debate,” the study explains, “it is important to remember the immense value that space provides.”

Use of GPS for product shipping and delivery.

 

“Space-based communications, navigation, weather, and remote sensing services make our daily lives better, and contribute to saving Space-based services have become fundamental to daily life, but there’s more going on in space than you may realize,” the volume explains. “How does our modern world rely on space?”

 

On the horizon

As for new space-based services…there is more to come.

“Just as it was difficult to foresee the myriad uses of GPS in the late 1980s, it’s hard to imagine how this fresh flood of commercial space data will affect the economy, the military, and daily life,” the study points out.

To access this informative report — The Value of Space – go to:

https://aerospace.org/paper/valueofspace

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