(The following is a transcript of the presentation made by Dr Ranjana Kaul at the Vivekananda International Foundation during a joint roundtable with Indian Space Foundation on 18 January 2023)

The world is moving towards contestation of the ‘Outer Space’ wherein efforts are shifting from exploration to ‘commercialization’. There are increasing efforts and investments by major space powers to develop cutting edge disruptive capabilities. At the same time, several new nations are showing increased interest in adopting space technology at a scale, not seen before.