➀ The Space Foundation's Space Report 2024 Q3 highlights a significant increase in the private sector space workforce. ➁ Europe's space workforce grew by more than 5,000 employees from 2022 to 2023, with the UK leading the growth at 56%. ➂ The global space economy is valued at $570 billion in 2023, showing a consistent growth trend.
Recent #Space Economy news in the semiconductor industry
1. Rocket Lab continues to execute on its strategic goals, focusing on space services and expanding its Neutron rocket program. 2. The company's financial performance has improved, with revenue growth and better gross margins, despite ongoing net losses. 3. Rocket Lab's potential market opportunity is significant, with a growing backlog and a strategic shift towards capturing more of the space services market.