China follows with , and Russia is third with Surprisingly, Luxembourg operates more active satellites than large European countries like Germany, Spain and Italy. The principality recently launched the Luxembourg Space Agency LSA , which uses the launch capabilities of industry partners to encourage entrepreneurs to fulfill their commercial space goals.
Satellites owned by companies heavily outnumber those used by the military, which reflects a growing trend of the private sector becoming more involved in space technology.
Bringing governance to the final frontier The surge in commercial space operations has increased access to satellite services for all, and fuelled a start-up race for new entrants to the market. But the rush to get more hardware into orbit does have its disadvantages. Orbital debris , or space junk, can drift for many years and is a potential hazard for other satellites. There have been several costly collisions which have resulted in detritus spreading into space. Another potential problem is radio frequency interference.
When satellites are too close to each other and transmitting on the same frequency, communications signals can be distorted or even deliberately jammed. While a disrupted TV signal may prove inconvenient, lost scientific data or interference with a military satellite could have more serious consequences. Firms, governments and policymakers have a duty to improve governance in space, which includes helping the industry realize its huge potential responsibly.
Johnny Wood , Writer, Formative Content. The views expressed in this article are those of the author alone and not the World Economic Forum.
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