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Investment in space technology is projected to increase in 2026 following record funding in 2025, driven by government spending on defense-related satellite systems and private investment in launch capabilities. In 2025, private investment reached US$12.4 billion, a 48% increase from the previous year.

The U.S. accounted for US$7.3 billion of this total, focusing on launch services and defense programs, while Europe and Asia also maintained investment levels. The global space economy was valued at US$626 billion, with significant contributions from space-enabled applications.

Defense spending reached US$74 billion, emphasizing remote sensing and secure communications. Governments are prioritizing national security in their space strategies, leading to increased reliance on commercial providers. Countries like Canada, Australia, and those in the EU are advancing national space programs to enhance sovereignty and security.