Singapore may not be the first place that comes to mind for
space technology. But there has been a steady increase - from
companies building low-cost rockets to innovative tech teams in
blockchain and telecommunications.
The local space industry is growing exponentially, as more and
more private companies enter the industry, bringing their products,
services and ideas to the market. There are 30 companies and 1,000
staff in the industry currently, from 20 space researchers five
years ago. Singapore also boasts the largest and most diverse
concentration of aerospace companies in the region.
Why Singapore is an attractive location for space
start-ups?
1. Singapore's strategic location