Space Engineering 2.0: Adapting to Meet the Needs of a Changing Industry and Workforce

As the space industry experiences rapid growth and technological advancements, businesses seeking to recruit top talent in space engineering face unique challenges. This article aims to provide valuable insights for companies looking to hire professionals in this field. By exploring the changing landscape of space engineering, we will examine the workforce challenges in various sectors, including space tourism, satellite technologies, and space launch technology.

Space Tourism

The emergence of space tourism has created a demand for engineers skilled in designing spacecraft capable of carrying tourists safely into space. According to a report published by the World Economic Forum¹, the global space tourism market is expected to reach $1.7 billion by 2027. To meet this demand, businesses can collaborate with educational institutions and industry leaders offering specialized training programs tailored to space tourism engineering. These initiatives provide companies with access to a pool of talent equipped with the necessary skills and knowledge to drive innovation in this sector.

Satellite Technologies

Satellites are crucial for modern communication, weather forecasting, and scientific research. The demand for advanced satellite applications is growing rapidly. According to Orbital Today², the global satellite manufacturing market is projected to reach $20 billion by 2026. To ensure access to skilled professionals in satellite engineering, companies can establish partnerships with universities and support educational initiatives that foster talent development. By investing in research and development in satellite technologies, businesses can stay at the forefront of this dynamic industry.

Space Launch Technology

Advancements in space launch technology, including reusable rockets and private spaceflight companies, have revolutionized the industry. According to NASA, the number of annual launches has increased significantly in recent years. As the frequency of launches continues to rise, businesses require engineers specialized in launch vehicle design, propulsion systems, and mission planning. To bridge the skills gap in this area, companies can collaborate with space agencies and participate in training programs, apprenticeships, and mentorship initiatives. By attracting and nurturing talent in space launch technology, businesses can fuel their growth and competitiveness.

Workforce Development

The space industry recognizes the need for a diverse and skilled workforce. According to the Space Skills Alliance³, there is a global shortage of professionals with expertise in space engineering. To address this challenge, companies can support STEM education programs at all educational levels, promote university programs dedicated to space engineering, and collaborate with academic institutions to offer internships and research opportunities. By actively investing in workforce development, businesses can ensure a sustainable pipeline of talent for their future needs.

The space industry's rapid growth and technological advancements present businesses with exciting opportunities but also unique challenges in recruiting space engineering talent. However, by understanding the workforce challenges in sectors such as space tourism, satellite technologies, and space launch technology, companies can tailor their recruitment strategies to attract the right professionals. By prioritising talent acquisition and workforce development, businesses can position themselves at the forefront of the evolving space engineering industry and drive innovation in the years to come.