We are united by the common vision of harnessing the potential of space to improve the lives of our people, create new opportunities for our businesses and countries, and benefit all humankind. But just as space is limitless, this is a mammoth task that no one organisation, company or country can achieve on its own. By working together to build global collaborative networks across the public and private sectors, we can develop new capabilities and push the technological frontiers in space to create a brighter future together.

As a small and open economy, Singapore has always recognised the need to stay ahead of global trends and developments, to adapt and position ourselves for future growth. To better support innovation in our space industry, we will refine our approach to ensure greater alignment with industry as well as deepen capabilities within public sector research performers. Moving forward, Singapore will continue to invest in small satellite R&D, but channel our resources to build deep and differentiated capabilities in a few selected areas.