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space spending

Wednesday, April 26th, 2023

The Space Report 2023 Q1 Finds U.S. Workforce Growth Amid Challenges, While Spaceport Development Surges to Meet Record Launch Demand

Key job sectors in the American space workforce saw five-year growth of 18%, but U.S. colleges saw a five-year decline in engineering students, raising concerns about future workforce needs. Strong Q1 merger and acquisition activity and capital inputs signaled continuing strength across the space industry despite higher interest rates and struggles in the banking sector.