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Singapore Boosts Space Sector with S$60 Million Investment in Satellite Technology

2025-02-26
Singapore Boosts Space Sector with S$60 Million Investment in Satellite Technology
Business Times

Singapore is taking its space sector to new heights with an additional S$60 million investment in the Space Technology Development Programme. The funds will enhance the capabilities of local research and learning institutions, driving innovation and commercialisation of their research in the field of satellite technology and space exploration. This move is expected to strengthen Singapore's position in the regional space industry, fostering growth and development in the sector. With a focus on space technology and research commercialisation, Singapore is poised to become a hub for space innovation. Key areas of focus include satellite development and space research.

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