Five years ago, NASA launched a mission straight out of a sci-fi blockbuster by deploying its robotic system, Astrobees, on the International Space Station (ISS) to assist astronauts with repair and maintenance.
Fast forward to today, and space robotics has taken a giant leap forward, becoming a hotbed of innovation and investment. This burgeoning field is now at a pivotal moment, poised for explosive growth.
The past three years have seen over 40 pioneering companies enter the space robotics arena, attracting more than $200 million in venture capital, according to Technology Foresights, an innovation intelligence platform by GlobalData, a research, data and analytics company. [Read more…] about Space robotics poised to see ‘explosive growth’, says new report