Space/Science — HabitableZone

Space/Science

Worldwide Governments Spend 62 Billion Dollars On Space Programs

"Euroconsult has announced that world government space program expenditures
are at a historical high of more than $62 billion dollars in 2008, with planned
satellite launches in the next ten years to increase 38% over the previous decade.

According to Euroconsult's new report "Government Space Markets, World Prospects to 2017", governments have clearly entered a new phase of investment, committing to the development of a new generation of programs worldwide. Furthermore, government space program expenditures worldwide are expected to grow at 4.5% per year through 2012, reaching nearly $70 billion."

Worldwide_

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