Top 10 Space Research Companies in the World in 2022 | The Blog 101
The space-related researches are a journey of humans from Flat Earth Theory in early ages to Sending Parker Solar Probe close to the sun at a speed of 692,000 km/h in 21 century. The 21 century is also referred to as ‘The mother of Technologies’.Sounds amazing, but this journey is still going on and it seems that our next goal is to live on Mars.
One of the main purposes of space exploration is to advance our knowledge about this endless Space and to unite different countries to ensure the survival of the human species for a long time.
We can say that the space industry is one of the exponentially growing markets today. Its current worth is USD 414.8 billion and has the potential to grow into a trillion-dollar industry by 2040. It could be referred to as manufacturing components or any spacecraft that is aimed to go in Earth’s orbit or beyond. For example, both the space industry and the satellite industry is taken as the same.
The ‘Space Race’ in the early 1950s between the United States and the Soviet Union is also referred to as the early era of space exploration. Today, almost every prominent nation has its own space company for space exploration. An estimate tells that there are more than 70 governmental space organizations over the globe.
Nowadays, there are many private companies rising up like SpaceX. This company had almost sent nearly 1,000 satellites in earth’s orbit to its Starlink constellation. Another estimate tells that the top private space companies got $5.8 Billion Dollars in private investments alone led by leading companies such as SpaceX, Blue Origin, and the Sierra Nevada.
Also Checkout: Elon Musk SpaceX rocket on a collision course with the Moon
So, without wasting any time let’s get into our today’s topic which is Top 10 Space Companies in the World in 2022
1. NASA (National Aeronautics and Space Administration)
NASA’s Mars Exploration | Source: NASA
Established: July 29, 1958.
CEO: Bill Nelson
Annual Budget: $20.7 billion (2018)
Headquarters: In the United States.
Number of employees: 17,000+
Official Website: NASA.gov
NASA is considered the biggest Space Company in the world. NASA is the first space agency that landed the first human on the moon. NASA has led a pleasant space exploration for almost 6 decades. It has been making discoveries about Earth, other planets, our solar system, galaxies, and our universe. It is an independent Space organization that isn’t a part of any executive department but it directly reports to the U.S President.
Since it has been made most space explorations are been made. One of the famous and the most prominent mission was the Apollo 11 moon landing mission.
Most of us only know about NASA’s name and its work, but we actually don’t know about how many tasks this company performs. It is composed of four missions:
James Web Telescope | Source: Newscientist.com
Aeronautics Research for developing advanced aviation technologies
Science for studying the origin and evolution of Earth, the solar system, and the universe.
Space Technology for developing space explorations technologies and space science.
Human Exploration and Operation deals with the management of manned space programs, including those to the ISS, launch-related missions, space communications, and transportation.
Several space research centers are affiliated with it, such as Jet Propulsion Laboratory, Johnson Space Center, Goddard Space Flight Center, and Langley Research Center.
This organization has successfully launched more than 200 manned flights and is currently working on more than 70 missions.
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