What Happened
Companies Develop Technologies To Remove Orbital Debris
The increasing volume of defunct spacecraft and debris in Earth’s orbit is raising concerns about collision risks and prompting companies to develop technologies to remove orbital junk. Astroscale and ClearSpace are among the companies leading the efforts to clean up space, with a focus on developing spacecraft capable of approaching, capturing, and moving objects in orbit. According to CNBC, the growing threat is creating opportunities for companies to develop innovative solutions and services to address the issue.