Space economy of domestic to grow It is necessary to create opportunities and promote space industry entrepreneurs in Thailand. This is crucial for accommodating the future growth of the space economy. Developing the space industry in Thailand will serve as a gateway to broader economic opportunities, going beyond being solely a satellite component manufacturer within the country. It has the potential to elevate Thailand’s space industry to a global level, resulting in new job opportunities, local industry development, increased investment in technology and innovation, and the cultivation of skilled personnel in the industry. Creating opportunities for researchers and individuals interested in working in the space industry in Thailand, as well as fostering collaboration between the private and public sectors for space industry development, are all vital factors in formulating policies and strategies for the country’s space endeavors. This aims to establish Thailand as a reputable and accepted producer in the global space industry, leading to increased value and revenue for the Thai space industry. Additionally, fostering infrastructure and cooperation between Thai entrepreneurs and component manufacturers in the space industry, who are at the forefront globally, will help strengthen Thailand’s space industry and provide opportunities for domestic entrepreneurs.
It is crucial for entrepreneurs in Thailand to prioritize the space industry for further development and advancement in various sectors of the country. This includes upgrading the quality processes of Thai entrepreneurs throughout the system, fostering continuous learning, development, and self-improvement to build confidence as future producers in the space industry. Establishing a solid foundation for significant and sustainable growth in the space industry is essential. This will lead to the creation of knowledge, capabilities, and necessary technologies for satellite component manufacturing within Thailand. It may involve developing production processes, innovating materials and technologies, enhancing testing and quality assurance capabilities, as well as creating and developing a skilled workforce in the satellite industry. Collaboration and cooperation between entrepreneurs are necessary to achieve these goals.
The Geo-Informatics and Space Technology Development Agency (GISTDA), under the Ministry of Higher Education, Science, Research, and Innovation (MHESI), envisions leveraging the value of space and geospatial information for societal development. GISTDA aims to develop space technology and geospatial information as borderless knowledge to benefit national development. They play a significant role in elevating Thailand’s space industry participants into the global value chain.
To facilitate this, GISTDA has compiled the Thailand Space Directory, a comprehensive tool that connects and provides access to relevant information related to the space industry. It includes data on both governmental and private sector space-related agencies, entrepreneurs, and Thai startups engaged in satellite-related businesses. The directory categorizes the industry for easy search and business matching purposes, allowing convenient exploration of information and potential partnerships.
The directory serves as a platform for businesses in the space industry, such as satellite manufacturers, launch service providers, satellite ground station operators, and space technology developers, to connect with other businesses or organizations seeking products or services related to space. It promotes connectivity, collaboration, and partnerships within the space industry ecosystem, enabling businesses to explore new opportunities, expand networks, and establish strategic collaborations to enhance their capabilities and achieve their business objectives.
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