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Sunday, March 26, 2023

A Look into the African Space Boom | Grey Dynamics

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The African space industry is booming, growing at a record-breaking pace, with government investment driving the expansion, satellite launches tripling since 2018, and over 100 new devices planned for the next three years. 

Government investment has driven the growth, with satellite launches almost tripling since 2018, and over 100 new devices planned for the next three years. The primary applications of the African space industry are communication, earth observing, and intelligence surveillance and reconnaissance. Earth remote sensing satellites are most common on the continent and are used for natural resource management and emergency response. The development of less expensive products, such as small and nano-satellites, has democratized the African space market, allowing new actors such as states, multilateral initiatives, and private companies to enter the industry. South Africa is taking a lead role in the African space sector, with its space budget tripling, SANSA taking a leadership position, and the country addressing spatial dependency issues by sustaining domestic production. 

Source: https://greydynamics.com/a-look-into-the-african-space-boom/ 


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