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Inmarsat Report Showcases Optimism for Space-Based Business

By Mark Holmes | July 29, 2022
      3D render of planet Earth viewed from space. Photo: NASA

      3D render of planet Earth viewed from space. Photo: NASA

      Inmarsat has released new research which looks at how businesses and the general population view the potential for space. The report — What on Earth is the Value of Space — showcases positive momentum for space-based businesses, although there is a lot of concern around space debris/junk. These are the some of the key findings from the largest ever survey of global attitudes to space commissioned by Inmarsat, which questioned 20,000 people in 11 countries.

      Inmarsat said business leaders have a more positive outlook on space than the general population and are more excited about what space offers (38% versus 33%).  They are far keener to work in the industry (20% versus 12%) and more eager to learn about space than the wider public (44% versus 38%). Despite this positive outlook from business leaders, almost half (46%) see space junk and the danger of collisions as a significant threat, while 39% said they were concerned about polluting space, and a third (34%) are concerned about space damaging the Earth’s atmosphere.

      “The fact that business leaders are keen to know more about space is very good news. Our industry will benefit from this open door to reassure business leaders on the plans we have to address their fears – while also showcasing the immense benefits space brings to us all. It is now time for the industry to engage with wider business communities as advocates for our sector, to explain the positive impact space has on their companies and, in turn, on the world,” Rajeev Suri, Inmarsat CEO, said in a statement.