Luxembourg
Luxembourg stands at number 10 in the top 10 advanced countries in space technology, with a vast spread fleet of communications satellites remote sensing satellites, fixing its position as a strong player in the global space exploration. As a Member country of the European Space Agency (ESA), Luxembourg actively engages in space exploration and research initiatives through its National Action Plan for Space Research and Development.
- Luxembourg is home to the headquarters of the world’s largest telecommunications satellite operators, SES (Socit Europenne des Satellites) and Intelsat.
- The Luxembourg Space Cluster combines highly specialised companies and government research agencies to focus on space telecommunications, global navigation satellite systems and location-based services, earth observation, maritime safety and protection, and space technologies.
- Luxembourg spends about 16.5 million euros on its space activities, including both civil and military ones.
Top 10 Advanced Countries in Space Technology
The United States of America (USA) is the most advanced country in Space Technology with a total annual budget of 24.875 billion USD. In FY 2022, the global market size of Space Technology stood at 419.9 billion US Dollars. This market will reach a market size of 843.3 billion US Dollars by the year 2032. Below is the list of the top ten advanced countries in Space Technology.
In this article, we are going to learn about the Top 10 Advanced Countries in Space Technology.