Unlocking $619 Billion Space Market: Singapore launches Asia’s First Global Space Innovation Think Tank to Catalyse Commercialisation of Space Tech Across Industries

In a bold move that signals the next phase of Asia’s ascent in the global space economy, Singapore Space & Technology Ltd (SSTL) has officially relaunched as the SST Think Tank – Asia’s first global space think tank dedicated to mainstreaming space and commercialising space technologies across non-space sectors.

With the cumulative value add of increased Earth Observation adoption in Asia Pacific projected to hit an astounding US$619 billion by 2030 and commercial downstream applications already outpacing upstream investments, the SST Think Tank is uniquely positioned to transform space into an economic enabler across industries such as sustainability, environmental, AI, Quantum, cyber security, robotics, IoT, logistics, health tech, insurance, and finance including climate resilience, supply chain security, digital infrastructure, and advanced manufacturing.