Switzerland’s Space Industry: Booming Amid Calls for Privatization
The Swiss space industry is experiencing rapid growth, led by Beyond Gravity, a state-controlled company known for its satellite technology. While the government aims to privatize Beyond Gravity to enhance competitiveness against global players like SpaceX, there is significant parliamentary opposition citing its strategic importance. A new study estimates around 1,000 employees work in the Swiss space sector, with potential for growth driven by increased demand for satellites. However, the industry also faces challenges related to space debris, sparking opportunities for companies like Clearspace to address this issue.