Analysys Mason – Geopolitics and Sovereignty Are (Once Again) a Driving Force for the Space Industry, Apr 2025

Geopolitical dynamics continue to shape government investments and support for space initiatives.

Recent changes in US policy and a global shift away from globalization highlight the importance of space sovereignty, especially outside the US. China is rapidly developing its space capabilities and is becoming the second largest player in the global space sector after the US. Chinese low Earth orbit (LEO) constellations, such as Qianfan (Spacesail), are actively being developed and state-supported.