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Space defense investments set to soar with projected 160% growth in satellite launches

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​[[{“value”:”Sydney, Australia (SPX) Apr 16, 2024

In a significant industry forecast, Novaspace, a union of Euroconsult and SpaceTec Partners, predicts a 160% increase in global defense and dual-use satellite launches over the next decade. The firm also highlighted that government spending on space defense and security has reached a new peak at over $58 billion.

This surge is attributed to an increasingly complex geopolitical landscape, m”}]]