Page 42 - Issue 63

Vol.1 Issue 63 January 2024Vol.1 Issue 63, May 2024 ElITE

America, and Africa may generate 140 million Additionally, it may hinder competition and
jobs and a 25% boost in productivity. Politics innovation if specific nations or businesses
and security are also being impacted by space monopolise particular orbits. Additionally, it
technology. Commercial satellite data, for might put nations' sovereignty in jeopardy and
example, offers unprecedentedly detailed expose them to the possibility of cyberattacks
insights into conflicts and political shifts, on their satellites, particularly during periods

enabling a new degree of transparency, enabling of geopolitical unrest like the Russian-
citizens to track change as it occurs globally, Ukrainian War in 2022.
and highlighting global events. The Russian- In the future, public and private domains
Ukrainian crisis has illustrated how space might coexist with what is referred to as each
applications are becoming more and more nation's "space domain." Governments may
important in geopolitical conflicts. In the face compete with one another for space
of aggression, Ukraine has used the space investments, and nations may really race
capabilities of commercial and international against one another to capitalise on the
partners to defend itself. These capabilities enormous prospects presented by space, which
included ground observation data to collect are still awaiting an increasing amount of
information about troop movements and scientific study and analysis, particularly from
locations, and geographic intelligence sytems. economists. If they lose out in this race,
While the dispute highlighted the importance of developing nations might not be able to find a
commercial operators, it also revealed the need position among nations.

for closer cooperation with government Egypt has a great chance of utilising space
agencies: in 2022, Starlink rejected Ukraine's exploration for the benefit of its economy. if
request to expand coverage to hit Russian research centres are established for space
targets due to fears of escalation. studies and its applications, youth business
incubators in artificial intelligence, space, and
other fields, and space and navigation studies
programmes are reinforced in higher
education,

Although space activities assist humanity in
many ways, including promoting sustainable
development, supplying weather forecasts, and

fostering innovation to halt climate change,
they also put us at risk for security lapses and
other weaknesses. NASA estimates that about
100 million space debris fragments reside in
Earth's orbit. Numerous environmental issues
are associated with this space debris, such as
42 optical radiation hazards and light pollution
that may impede future scientific discoveries.