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Singapore to set up new national space agency on Apr 1
The agency will build Singapore’s space R&D, industry, satellite operations, and legislation to capture growth in a sector with 70 local companies and 2,000 employees.
- On April 1, the National Space Agency of Singapore will be established under the Ministry of Trade and Industry, announced at the inaugural Space Summit on Feb 2.
- MTI said NSAS will lead efforts to tap a global space economy projected at US$1.8 trillion by 2035, supporting applications like port operations and environmental monitoring.
- Ngiam Le Na will lead NSAS as chief executive, bringing experience from DSO National Laboratories, while the government co-owns three Earth observation satellites with ST Engineering and has invested over S$200 million since 2022 through the Space Technology Development Programme.
- The agency will develop legislation designed to be pro-innovation and pro-business while meeting space safety standards and expand partnerships with the European Space Agency and IN-SPACe.
- Singapore's space industry comprises around 70 space companies employing 2,000 professionals, while the inaugural Space Summit attracted over 330 participating organisations and has been renewed for a second iteration.
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Singapore to establish national space agency to seize opportunities in space economy
Singapore will launch its first national space agency in April to provide “decisive leadership” for the Southeast Asian country to tap an “expanding space economy,” the nation’s government announced on Feb. 2. Tan See Leng, Singapore’s Minister-in-charge of Energy and Science & Technology, noted the new National Space Agency of Singapore (NSAS) will target the “new possibilities posed by democratized access to outer space.” The agency will be le…
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R 25%
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