LEXINGTON, Ky. (April 12, 2012) — The recently released Space Report by The Space Foundation showed that the global space economy grew to $289.77 billion last year. This represents a one-year, 12.2 percent rate of growth and a five-year increase of nearly 41 percent.
“The dramatic growth of the space industry, especially in a time of broad economic downturn, is extremely encouraging … particularly as Kentucky continues to rapidly build an entrepreneurial space industry in the state,” said Kris Kimel, president of Kentucky Space (KS), a nonprofit company focusing on research and development, and educational and entrepreneurial space solutions.
For more on Kentucky’s space industry, contact Kimel at [email protected] or 1-859-229-6161.
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