Hungarian Conservative

Márton Nagy stated that Hungary’s satellite manufacturing capability is not only an economic and security matter but also a question of sovereignty. He noted that the sector has a bright future ahead as the space industry is one of the world’s fastest-growing and, according to international surveys, most resilient industries, with its value projected to reach $1.8 trillion by 2035, up from $630 billion in 2023.

Hungary is entering an age where the space economy holds significant importance. Thankfully, it is welcoming the new era with a solid and well-functioning foundation, consisting of numerous private companies ready to engage in space exploration, as indicated by the Hungarian Space Kaleidoscope report.