SINGAPORE (IndoTelko) The global space economy is scaling rapidly, with its market value projected to nearly triple from US$630 billion in 2023 to US$1.8 trillion by 2035. Space-enabled services — spanning communications, climate resilience, and security — are becoming an essential foundation for business and daily life.
In this context, Singapore will host the Space Summit 2026 on 23 February 2026, held in conjunction with the Singapore Airshow. Themed “New Frontiers: Shaping a Responsible and Inclusive Space Future,” the Summit aims to gather national space agencies, policymakers, investors, and industry leaders to chart the path toward a sustainable and commercially viable space ecosystem in Asia-Pacific.
Organised by Experia Events and endorsed by the Office for Space Technology & Industry (OSTIn) under the Singapore Economic Development Board, the flagship event will take place at the Sands Expo and Convention Centre, Marina Bay Sands. Supporting organisations include Singapore’s Defence Science and Technology Agency (DSTA), Maritime and Port Authority of Singapore (MPA), and the Association of Aerospace Industries Singapore (AAIS).
“Advanced space technology is an enabler of growth, security and sustainability,” said Leck Chet Lam, Managing Director of Experia Events. “Space Summit 2026 builds on Singapore’s strengths as a hub for global dialogue. Space Summit 2026 will bring together partners whose collaboration will extend across the global space ecosystem. It is about open dialogue, developing partnerships and meaningful connections between public and private sectors.”
Boosting Singapore’s Space Ambitions
The Summit announcement comes as Singapore accelerates its space sector strategy. In February 2025, the government launched the Singapore Space Sector: Next Bound of Development, backed by fresh funding for the Space Technology Development Programme (STDP). With over S$200 million committed, including an additional S$60 million over the next two years, STDP aims to drive innovation in satellite technology, foster research collaborations, and support the commercialisation of space-related solutions.
Singapore’s space industry already comprises around 70 companies and 2,000 professionals, spanning the value chain from research to commercial deployment. The new funding is expected to deepen industry capabilities and reinforce Singapore’s role as a hub for advanced space research and technology in the Asia-Pacific.
Key Agenda at Space Summit 2026
The Summit programme will include high-level sessions such as the Heads of Space Agency Plenary, where national leaders will discuss partnership models for global collaboration. Another highlight is the Southeast Asia panel, titled “Space for Everyone, Everyday: How Space Impacts Daily Lives in Southeast Asia.” This session will explore how satellite navigation, weather forecasting, disaster response, agriculture, and connectivity are already transforming the region.
“Space technologies already underpin Singapore’s aviation, telecommunications and maritime sectors, and will play an even greater role in the future,” said Jonathan Hung, Executive Director of OSTIn. “With its potential to create high-value jobs for Singaporeans and help address global challenges like climate change, the space industry represents a driver of economic growth for Singapore. OSTIn looks forward to shaping this future and further strengthening Singapore’s role as a trusted hub for space innovation and collaboration.”
Positioning Asia in the Trillion-Dollar Space Economy
By convening global agencies, businesses, and innovators, Space Summit 2026 is set to become a key rallying point for partnerships that will define Asia-Pacific’s role in the trillion-dollar global space economy. With Singapore’s strategic location, strong research ecosystem, and policy support, the country is positioning itself not only as a regional hub, but as a vital player in the international space economy of the future.(es)