The results of the assessment reflected in the 2024 report, “Gold Rush: Commercial Remote Sensing Rankings,” indicate a clear duopoly in the market dominated by the United States and China. With the rapid proliferation of space capabilities across various domains, nations not represented in the report may need to prioritize investment in sovereign capabilities or engage in public-private partnerships with indigenous industry partners to avoid falling behind. This session will facilitate thought-provoking discussions on the pace, volume, and intensity of investment in commercial Earth observation, the risks associated with inaction, the role of alliances in mitigating these risks, and potential opportunities for multinational cooperation in this sector.
The session will begin with a summary of the key findings and insights from the CSIS report. The report highlights trends in the expanding commercial remote sensing industry, the key players, and the challenges and opportunities linked to satellite-based Earth observation technologies. Notable insights from the report include:
Government leaders and legal experts will discuss the regulatory frameworks required to address the rise of commercial remote sensing:
By addressing these areas, the discussion will provide valuable practical and strategic insights. It will examine the current state of the remote sensing market and explore ways for government and industry leaders to work together in shaping its future, with a focus on benefiting national security and global development, particularly for emerging powers like India in the Indo-Pacific region.