Market View: The space business and market for the debris removal in the low-earth orbit

Up in the Low Earth Orbit, anywhere between 160 and 1,000km above ground, is where about 4,500 satellites operate for geo-imaging and telecommunications purposes. But while businesses are launching satellites into space, no one takes ownership for clearing up the debris of old satellites, increasing the risks of them bumping into one another in space. That creates an opportunity for companies to come up with solutions to clear space debris. But how big is the market really, and what challenges do companies in this arena face in securing industry buy-in? On Market View, Prime Time's Finance Presenter Chua Tian Tian posed these questions to Christopher Charles Blackerby, Chief Operations Officer at Astroscale, a Japanese-based startup that develops scalable solutions to clear debris in space. Download the podcast here: https://omny.fm/shows/moneyfm-evening-show/market-view-the-space-business-and-market-for-debr For more, tune in to #YourMoney with Michelle Martin every weekday from 9am - 12pm. Tune in to MONEY FM 89.3 via the @awedio.sg app today! Available on the App Store, Google Play and more. -- Connect with Us! Facebook: MONEY FM 89.3 Instagram: @moneyfm893 Twitter: @moneyfm903 LinkedIn: MONEY FM 89.3 -- Contact us: MONEY FM 89.3 Headquarters: +65 6319 1900 Live Studio: +65 6691 1893 SMS/WhatsApp MONEY FM 89.3: +65 8855 0893 Mailing Address: SPH Radio Pte Ltd 1000 Toa Payoh North News Centre Singapore, Singapore: 318994