The Final Frontier Outer Space Security & Governance... widespread outage of GPS service...estimated economic impact of $1 billion per-day to the U.S. economy.

FP Analytic ^ | Gahyun Helen You

[daniel1212]

In 65 years since the first satellite was launched, mankind has evolved from having no presence in outer space to developing a dependence on space assets to power the global economy, support military operations, and further innovation.

In a rapidly digitizing world that is reliant on digital infrastructure, space systems are vital to governments, businesses, and our everyday lives.

Space-based assets and data play critical roles in human and national security, touching everything from communication and intelligence to navigation, weather forecasting, monitoring climate change, and disaster mitigation.

As governments and private actors seek to capitalize on the strategic and commercial benefits of space, the domain is becoming increasingly congested and contested. There are 77 countries and multinational organizations today owning and operating satellites, alongside a rapidly growing number of commercial entities similarly engaged in space exploration.

Since 1957, over 12,870 objects have been launched. 4,852 satellites currently orbit Earth, 60 percent of which are operated by the U.S.

Over 10,000 space technology companies, 150 research and development associations, and over 100 launch companies are active globally.

A widespread outage of GPS service, while unlikely, could have an estimated economic impact of $1 billion per-day to the U.S. economy. illustration of a rocket launching from a launchpad

The global space economy will be worth more than $1 trillion by 2040.

However, existing regulatory frameworks have been unable to adapt to evolving challenges and hold accountable those who jeopardize safety and security. The potential for future conflicts in space, or for conflicts on Earth to spill into space, is intensifying as a range of actors develop counterspace weapons, such as laser beams, jamming, surveillance, and anti-satellite capabilities that could incapacitate systems on Earth, or worse.

[daniel1212]

Excerpt - many graphics at link )

[KingLudd]

It wasn’t 65 years ago.

[BipolarBob]

Thanks to FP analytic to point out another target for terrorists countries. This really helps.

[CodeToad]

The USAF already said they want to stop supporting it.

[zeugma]

The USAF already said they want to stop supporting it.

Of course they do. Doing something that benefits everyone in the country is not something our government is interested in.It is apparently not lining the right pockets. GPS has become infrastructure, just like roads and bridges.