GSTCE 2026 spotlights rise of commercial space economy

Space is entering a new phase, as the industry shifts from government-led exploration to commercial-driven growth. That transformation is in focus at the Global Space Technology Convention and Exhibition 2026 in Singapore, where industry leaders are exploring how to turn space capabilities into scalable business. According to the Space Foundation, the global space economy is now worth more than US$600 billion, with nearly 80% driven by commercial activity. The space economy is on track to approach US$1 trillion in the next decade. Julie Yoo reports.