Humans have long been captivated by the possibility of extraterrestrial life, thanks largely to pop culture and reported sightings of UFOs—now known as UAPs, or unidentified anomalous phenomena. Though we still don’t know concretely whether we’re alone in the universe, research, discovery, and space travel have offered more out-of-this-world insights than ever before. What’s next in this space, and why should CEOs in all industries pay attention? “No matter the sector, there is opportunity in space for all,” write senior partner Ryan Brukardt, partner Jesse Klempner, global managing partner Bob Sternfels, and partner Brooke Stokes in a recent article. “There is also responsibility in space for all. Space will be a key theater of growth and innovation during this decade.” This World UFO Day, check out these insights on the space economy to learn more, and don’t be left on the ground.
Space: The missing element of your strategy
How will the space economy change the world?
Why on earth should business care about space?
Can better governance help space lift off?
Laying the foundations for a space economy
Space: Building a digital infrastructure above the sky
McKinsey for Kids: Space junk—it’s out of this world
Look out below: What will happen to the space debris in orbit?