All videos

Space is ‘more within reach than you might realize’, says Alice Bunn

Alice Bunn is the former head of the UK’s space agency and now leads UKspace, its space trade association. Billionaire space missions may steal the headlines, Bunn says, but the majority of space programmes benefit everyday lives all over the world.

Space might seem like a distant frontier, but its influence is profound and growing. Dr. Alice Bunn, former head of the UK’s space agency and current leader of UKspace, emphasizes that the benefits of space technology are already embedded in our daily lives.

Space is improving the lives of every single person on the planet

Dr. Alice Bunn

Keeping space sustainable

The rise of cheaper, smaller satellites has crowded low-Earth orbit, raising the risk of collisions and debris buildup. According to Bunn, “The space operating environment is becoming increasingly contested and congested. The bits of space we use are much more finite than most people realize.”

New technologies are focusing on refueling and repairing satellites in orbit. Bunn compares the current approach to buying a car, running it out of fuel, and then discarding it. Emerging capabilities aim to revolutionize this model, reducing waste and costs.

The booming space economy

With public and private investments surging, the space economy is growing at 9% annually—outpacing global GDP. Projections suggest it will reach a staggering $1.8 trillion by 2035.

Have you read?
Topics:
Economic GrowthEmerging Technologies
Share:
World Economic Forum logo

Forum Stories newsletter

Bringing you weekly curated insights and analysis on the global issues that matter.

Subscribe today

More on Economic Growth
See all

Navigating work transformation in Japan

Naoko Tochibayashi

December 19, 2025

Navigating the new economy: 6 decision-makers reveal their strategies for growth and resilience

About us

Engage with us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2025 World Economic Forum