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The global space economy is now valued at around US$469bn, having increased b

y more than 70 percent since 2010. This reflects the continued expansion of outer space activities and investment in space programs by an ever-increasing number of nations, marked most recently by India’s history-making Chandrayaan-3 mission, which saw India become the first country to land a module near the lunar south pole. In response, individual nations have begun to develop their own distinct local outer space regulatory regimes, creating the risk of inconsistent and conflicting standards in what is ultimately an inherently “global commons” in outer space exploration.

In our Global Outer Space Guide, we seek to identify the key trends in outer space investment and activities in key jurisdictions across the globe. We examine the major near-term challenges and opportunities in commercial space investment and the legal and regulatory response by different nations.

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