Space is no longer the exclusive domain of governments and scientists; it has transformed into a dynamic marketplace dominated by private enterprises. The World Economic Forum (WEF) and McKinsey predict that the space economy, currently booming, could be worth a staggering $1.8 trillion by 2035. Private companies have been at the forefront of this surge, with ambitious ventures and technological advancements reshaping the low-Earth orbit (LEO) landscape. Starlink, a subsidiary of SpaceX, epitomizes this revolution, having launched over 2,000 satellites in 2024 alone. Its mega-constellation of 6,000 satellites now ensures internet connectivity across more than 100 countries, underscoring the increasing commercialization of space-based services. Human activities in LEO also reached unprecedented levels, with 280 individuals visiting the International Space Station (ISS) last year, signaling a growing human presence in orbit. As space evolves into a vital economic and scientific domain, it holds the promise of redefining global dynamics.
This story is from the January 01, 2025 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 01, 2025 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The promise of EVs
The electric vehicle revolution, driven by advancements in battery technology, decreasing costs, and global adoption, is transforming transportation and displacing fossil-fuel vehicles despite ongoing challenges like range anxiety
Success Can Isolate You And Lead To Failure
Shah Rukh Khan is self-critical but doesn't show moments of weakness to anyone
Making Sense of a Wise Saint
In The Notebook of Kabir, Anand, disenchanted by caste, sets forth on a soulful journey of self-discovery through Kabir's timeless songs that rekindle his love for music, poetry, and a broader spiritual exploration. Excerpts:
Constructive Channels of Ascension
Aritra Sarkar's Stress to Zest is a collection of transformative parables dealing with stressors like relationships, career, and societal pressures. The book emphasizes on self-discovery, passion, and resilience as pathways to personal growth and fulfillment
Caught in a quicksand
On December 3, 2024, President Yoon Suk Yeol of the Republic of Korea (South Korea) in an unannounced speech stunned his country and the world with an attempt to impose martial law.
Kurukshetra: Saini lays foundation for 51 ft 'Maa' symbol
Prime Haryana Chief Minister, Nayab Singh Saini on Saturday laid the foundation stone of a 51-foot virat swaroop symbolising 'Maa' dedicated to maternal power at Shaktipeeth Shri Devikoop (Bhadrakali) temple in Kurukshetra.
Pant's fifty keeps India afloat in decisive 5th Test
Pant smashed four monstrous sixes and six boundaries
Devajit Saikia set to take over as BCCI secretary
Devajit Saikia on Saturday filed his nomination for the post of the BCCI secretary whereas Prabhtej Bhatia applied for the post of the treasurer, with both officials being the only applicants for the two roles.
Pak limps to 64-3 after Rickelton's double ton leads Proteas to 615
South Africa racked up 615 runs thanks to Ryan Rickelton's career-best 259 then reduced Pakistan to 64-3 by stumps on day two Saturday of the second test at Newlands.
Calcutta's Amara Singh Shines at Junior Nationals Equestrian Championship 2024
Amara clinched the team gold and an individual silver in showjumping
