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Washington's space sector economic impact doubles again

A new industry study says Washington’s space sector now brings in $8.1 billion in direct economic output per year—about twice what it did in 2022. With 12,300 direct jobs averaging $188,000 in annual pay, most go to engineering, manufacturing, and hardware roles. Factoring in broader effects, the sector supports 34,200 jobs. Over two-thirds of the world’s active satellites were built in Washington, mainly at SpaceX’s Starlink facility.

Why it mattersWashington has cemented itself as a major global hub for satellite manufacturing, not just a regional outpost. The rapid growth and high salaries show the state’s space industry is reshaping its tech economy.

Sources covering this

GeekWireFresh figures suggest Washington’s space industry has doubled its economic impact … again5:06 AM →
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