Direction de la Science, de la technologie et de l'innovation
Harnessing "New Space" for Sustainable Growth of the Space Economy
“New space”, characterised by new commercial players bringing cutting-edge business
techniques and funding methods to space activities, has brought disruptive innovation
and democratised access to space. But there also reasons for concern, as this has
led to an intensified use of the orbital environment, creating more congestion and
debris. Furthermore, the vitality of the “new space” ecosystem is under threat from
economic shocks and market entrenchment. This G20 background paper examines the emergence
of the “new space” ecosystem over the last 15 years, its impact on the space sector
and society at large and the role of governments in ensuring sustained and sustainable
growth of the sector. The paper provides a definition of “new space” activities to
better target policy responses and suggests policy options to address these challenges.