Asia’s ‘NewSpace’ economy is about more than just exploration

For decades, Asia’s ambitions in outer space were closely associated with scientific discovery, technological prestige and national symbolism. Space programmes were designed to demonstrate engineering capability, economic modernisation and geopolitical influence.
Today, outer space is undergoing a deeper transformation. It is no longer viewed merely as a frontier for exploration; increasingly, it is seen as a strategic domain tied to sovereignty, economic security and geopolitical...