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Until recently, the space domain belonged to the states as main actors, exploration and research being led by governments. Lately, the paradigm has changed, with governments encouraging private industry to engage in partnerships or even to act individually.
A new race has been launched worldwide, which brings a new era in space and a new era for humanity. This is the era of space commercialisation. Private companies are invited and supported by the governments to participate in the development of a global space economy.

What does the space economy mean?
In addition to the space sciences (astronomy, aerospace engineering, astronautics, astrophysics, cosmology, astrogeology, astrobiology, astrochemistry, planetary science, micro G research etc.), other already established space fields are:
- telecommunication and Earth Observation satellite Industry (with the rapid evolution of small satellites)
- data storage, data mining and Earth Observation data processing 
- applications resulting from satellite Earth Observation (meteorology, emergency services, prevention and rapid response against natural disasters, environmental protection and climate change monitoring, advanced agriculture, cartography, maritime monitoring, security, etc.)
- satellite geolocation (GPS / Galileo etc.)

New areas with a promising future for private companies, entrepreneurs and professionals: 
- launch industry (space rockets and other systems)
- satellite internet (global coverage by small satellite constellations)
- space mining industry (Moon and asteroids)
- space tourism industry (in low Earth orbit)
- space telecommunications (Earth-Moon-Mars)
- products manufacture in space (made in space)
- active space debris removal
- orbital services
- private astronauts
- space medicine
- robotics (autonomous robots)
- computer science (AI, machine learning, deep learning etc.)
- permanent colonies on the Moon (the Artemis-NASA project) and later on Mars (Elon Musk) which previously involves the construction of an infrastructure (space architecture), sustainability and vital resource autonomy.

These new fields provide entrepreneurs and companies opportunities and growing demand for qualified staff in different fields, not just the technical ones. At the same time, the demand for qualifications in the STEM fields has increased exponentially. The entire international space community is currently involved in developing this new economy in a sustainable, equitable, inclusive and collaborative way. Non-profit associations in the space sector have the role of developing this community, giving you the opportunity to get involved.

As qualified and competitive personnel is the most important resource to be developed, APECS aims to promote space economy, space exploration and research, to inform about these opportunities and to inspire professionals and future entrepreneurs.

Simultaneously, we want to be a platform through which students, professionals and researchers can get in touch with companies in the international space industry. In this sense, we have already started a program of international partnerships. For companies, we have started a project to create a networking community called Space Business Network.

Which space sector area are you interested in?
Haven't decided yet? Join our organisation, and you will have the opportunity to find out more and decide along the way.
Are you an entrepreneur or a company interested in new development perspectives?  Are you already in the space sector looking for opportunities, talents, or want to be part of the Space Business Network community? Sign up now, we will grow together into a strong, united community and a voice to be heard in the space sector.

Daciana Sferle

APECS founder and chairwoman

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