There are currently over 2,000 lively satellites orbiting the Earth, and lots of more may soon join them.
Lower costs and growing competition have resulted in an increasing number of business satellites reaching Earth’s orbit, which – unlike national space programs – don’t recognize state borders.
While some countries still view space through a military lens, collaborations just like the International Space Station have united nations to push the boundaries of data in regards to the universe.
This spirit of collaboration can be giving birth to a brand new breed of entrepreneurs trying to tap the untapped potential of the growing space sector.
Ambitious private ventures in development include space mining operations and programs that allow paying tourists to experience going beyond the Earth’s atmosphere.
Business can be booming with a growing number of personal firms offering satellite launch capabilities to personal customers and national governments. This helped spread satellite technology to less wealthy countries without their very own space programs.
The UCS satellite database, compiled by the Union of Concerned Scientific, a nonprofit science advocacy organization, shows that as of November 2018, there have been 830 registered units in orbit within the United States. This number almost exceeds the combined total of the opposite top ten. In second place is China with 280 and Russia with 147.
In Southeast Asia, Indonesia operates essentially the most satellites, followed by Thailand. Surprisingly, tiny Singapore hosts more lively satellites than its much larger neighbors resembling the Philippines, Vietnam and Malaysia. According to n2yo.com, Myanmar, Brunei and Cambodia would not have their very own satellites.
source: World Economic Forum, n2yo.com
