MILAN : Private investment in the space sector is essential for its growth and must not be demonised, but needs to be regulated, the chief of Italian Space Agency ASI said on Sunday ahead of a conference on the industry in Milan.
FILE PHOTO: A SpaceX Falcon 9 rocket lifts off with Polaris Dawn, a private human spaceflight mission with two crew members expected to attempt the first-ever private spacewalk, at the Kennedy Space Center in Cape Canaveral, Florida, U.S. September 10, 2024. REUTERS/Joe Skipper/File photo
Investment from the private sector reached an all-time high of more than $70 billion in 2021 and 2022, the report added.
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