February 2, 2026 2:55 PM

Singapore to launch space agency in response to global investment surge

Singapore will launch its own space agency on April 1 as it bids to "fully harness the value and opportunities of the growing global space economy", the country's trade ministry announced on Monday. "Singapore's strengths in advanced manufacturing, aerospace, micro-electronics, precision engineering and artificial intelligence position us well to capture new opportunities in the space technology sector," said the Ministry of Trade and Industry, which will run the new agency. Global investment ...

October 8, 2025 8:57 PM

India’s space economy set to touch $44 billion by 2033: Jitendra Singh at India Mobile Congress 2025

Union Minister of State for Science and Technology Jitendra Singh on Wednesday said that India’s space economy will grow to around $44 billion by 2033, underscoring the role of landmark reforms and private sector participation in driving the country’s rise as a global space power. Addressing the “Satcom” summit at India Mobile Congress 2025, the Minister said that satellite communication will be a key enabler of India’s digital infrastructure, particularly in rural and remote areas wh...