Reforming Space Governance for Global Stability

Commercial satellite industry has seen rapid growth in recent years, with the number of satellites in orbit increasing from 3,371 in 2020 to 11,539 by the end of 2024—nearly a 400 percent rise. With the rapid development of satellites, a spike in satellite-based defense spending for national security purposes is inevitable, and following this, international tensions are likely to rise. Underscoring that a stronger international governing body of space is imperative to facilitate cooperative interactions.