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mckinsey

Forecast: Space economy at $1.8tn by 2035

McKinsey senior partner Ryan Brukardt and global editorial director Lucia Rahilly state the global space economy where innovation in space-based technology is generating a range of public- and private-sector opportunities that could reach $1.8 trillion (€1.65tn) by 2035. The two McKinsey staffers, in a major report, say there is an “allure” about space, yet most […]

June 2, 2024By Chris Forrester

Report: Space economy at growth “inflection point”

A management report from McKinsey says that the space sector is at an “inflection point” – similar to what commercial air travel experienced after World War II and the internet saw in the 1990s. “When we speak about space with CEOs across geographies, industries, and backgrounds, we receive a range of reactions. For some, space […]

April 5, 2023By Chris Forrester