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Description

The World Economic Forum forecasts the global space economy to reach almost $2 trillion by 2035, driven by increased connectivity, mobility, and data demand. The podcast analyzes the growth of both the space industry's core infrastructure ("backbone") and its wider applications across various sectors ("reach"), highlighting key drivers like decreasing launch costs and commercial innovation. Growth projections consider both optimistic and pessimistic scenarios, based on technological advancements and market competitiveness. Finally, the report explores space's potential to address global challenges such as disaster response and climate change mitigation.

Learn more about Venture Science's investment initiatives in Space Economy.

This podcast does not offer financial, legal, or tax advice, nor does it recommend any specific investments. Investment involves risk your investment. AI tools may be used in creation or edits of this podcast. The information presented here may not be complete or accurate, and no warranties are provided. Past results do not guarantee future performance in any case. It is essential that listeners conduct their own thorough research and consult with a qualified financial, legal, or tax professional before making any investment decisions.