Tag: space_economy

Whitmer Launches Michigan Space Innovation Hub to Grow State's Space Economy

15 Oct 2026 10:02 a.m. · Source: Office of Michigan Governor

Michigan launches a statewide Space Innovation Hub anchored at Newlab Detroit, backed by a nearly $1.2 million grant, to connect manufacturers, startups and federal partners.

Politics and Government Science & Technology Business State Governments Economy Astronomy and Space Employment and Labor Michigan Space Innovation Hub Gretchen Whitmer Newlab Detroit Michigan Central space economy Michigan Economic Development Corporation Aerospace Industry Association of Michigan Office of Michigan Governor
Space Economy Soars to Record $686 Billion, Driven by Innovation

6 Aug 2026 2:24 a.m.

The global space economy hit a record $686 billion last year, fueled by decreased launch costs and advancements in technology. Penn expert Rahul Kapoor discusses the challenges and opportunities in this new era of space entrepreneurship.

Business Health Science & Technology Economy Astronomy and Space Medical Science Environment Education Space Economy Entrepreneurship SpaceX Rahul Kapoor Technology Satellites
Applied Atomics Launches U.S. Operations in Fairfax County with $500M in Commitments for In-Space Mobility Network

10 Jun 2026 10:28 a.m. · Source: Fairfax County Economic Development Authority

Aerospace firm Applied Atomics emerges from stealth, securing over $500 million in demand commitments and $4 million pre-seed funding. The company, building the Star Reacher Network for in-space mobility, establishes its U.S. presence in Fairfax County, Virginia.

Business Science & Technology Politics and Government World Economy Astronomy and Space Artificial Intelligence Military Federal Government Transportation Applied Atomics Star Reacher Network Fairfax County Aerospace Defense Space Economy In-space mobility Fairfax County Economic Development Authority Reston