Singapore Invests S$60M in Space Sector Initiatives

Singapore's government has unveiled a significant investment strategy for its space sector, committing an additional S$60 million to the Space Technology Development Programme over the next two years. This funding comes on top of the S$150 million already allocated in 2022, aiming to boost research, innovation, and international collaboration in space technologies. The initiatives were announced during the Global Space Technology Convention and Exhibition 2025, where Singapore emphasized its goals to enhance its position as a regional leader in space tech and address sustainability challenges through its new Earth Observation Initiative. Singapore plans to leverage satellite data in various sectors, including disaster management and urban planning, by collaborating with local agencies like the Singapore Land Authority. Deputy Prime Minister Gan Kim Yong highlighted the importance of integrating space technologies across industries and fostering partnerships with global organizations such as the United Nations Office for Outer Space Affairs. This comprehensive strategy positions Singapore to capitalize on the growing global space economy and encourages innovation in the green and digital sectors.