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The commercial space industry is operating at warp speed! In 2022, the global commercial space market was valued at $394.2 billion, and it’s expected to grow to $1.1 trillion by 2030. But what is fueling this growth? How is it that in the last five years more objects have been launched into space than in the past three decades combined? Some factors include the: Decreasing cost of launch vehicles Increasing demand for satellite-based services Growing interest in space tourism Development of new technologies that are making space exploration more feasible In this episode of Metal in Motion, we look at the business of space, what humanity can gain from exploring the cosmos, and some of the exciting manufacturing technologies that are making it easier for humanity to reach the “final frontier”. *Metal in Motion presented by Velo3D is a new video series about the latest technological breakthroughs and their impact on the world. Whether you’re a tech enthusiast or just curious about the future, this series is for you. Join us as we explore the exciting world of technology and learn about the innovations that are shaping our future.