Singapore, February 2, 2026 — The Europe Today: Singapore will establish its own national space agency on April 1, aiming to fully leverage opportunities in the expanding global space economy, the Ministry of Trade and Industry (MTI) announced on Monday.
The ministry highlighted that Singapore’s expertise in advanced manufacturing, aerospace, microelectronics, precision engineering, and artificial intelligence positions the country to capture emerging opportunities in the space technology sector, according to media reports. The MTI will oversee the operations of the new agency.
The announcement was made during Singapore’s inaugural space summit by Tan See Leng, the minister responsible for energy technology at the trade ministry. Global investment in space technology is projected to continue its upward trend after reaching record levels in 2025, according to data from Seraphim Space.
The National Space Agency of Singapore will be responsible for developing and operating the country’s space capabilities, as well as creating legislation and regulations to foster innovation and support space-related businesses, the ministry said.
Singapore currently hosts around 70 space companies, employing roughly 2,000 professionals across a wide range of roles within the space industry value chain, underscoring the nation’s growing commitment to becoming a regional hub for space technology.
