For Asia And The World, The Time To Invest In Outer Space Infrastructure Is Now

Infrastructure investment is on the forefront of political agendas around the world. From the Asian Infrastructure Investment Bank (AIIB) spearheaded by China to the pro-infrastructure themes that united an otherwise divisive presidential campaign in the United States, the policy focus is on transportation, telecommunications, utilities and so on around us. The expected surge in such infrastructure projects is estimated to fill a gap of $8 trillion across Asia alone, and around $1 trillion in the U.S. But this policy spotlight must also now be lifted above us to outer space, where newspace industries are building, extending and connecting a space-based infrastructure to the planet as never before. Newspace is taking it another step forward, transforming the prospects for the economics, societal and national security domains.