NASA generated $71 billion in economic impact in 2021 (Image Credit: Space Daily)
NASA’s latest economic impact report released Thursday, boasting $71.2 billion in output during the fiscal year 2021.
The report from NASA outlines how its activities, including research and technology, affect the economy. Those activities supported more than 339,000 jobs across the United States while generating about $7.7 billion in tax dollars.
NASA’s moon to Mars mission was among the biggest contributors, generating more than $20 billion in output. That mission alone was the basis of about 93,700 jobs. It also generated an estimated $2.2 billion in tax revenue. Climate research and technology’s economic output exceeded $7.4 billion while supporting more than 37,000 jobs.
“Investment in NASA’s missions is an investment in American workers, American innovation, and American competitiveness for the 21st century. NASA is positioning our partners in commercial space and the national economy to win the future of spaceflight in the 21st century as we prepare to return astronauts to the moon, and then go on to Mars,” said NASA Administrator Bill Nelson.
The reach of NASA’s economic touch spreads throughout the United States with 46 states seeing a boon of more than $10 million. For nine states, that figure is more than $1 billion.
The impact NASA has on the nationwide economy continues to grow year over year. The 2021 report, which was the second of its kind, shows a 10.7% uptick from fiscal year 2019. The moon to Mars campaign’s contribution to the economy increased by a whopping 42.6% over 2019.
“NASA may be a small federal agency, but we punch above our weight, fueling growth in American industry with good-paying, quality jobs in all 50 states and maintaining our leadership in space and science,” Nelson added.
NASA posted a message from its Twitter account to accompany the new report. It said, “Our exploration of the universe improves lives, from adding jobs and revenue across all 50 states, to increasing food supply with indoor farming, and using space research to fight cancer on Earth.”
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NASA awards commercial Small Satellite Data Acquisition Agreement
Washington DC (SPX) Sep 29, 2022
NASA has selected GHGSat, Inc., of Montreal, Quebec, Canada, to provide commercial small constellation satellite products for evaluation to determine the utility for advancing NASA’s science and application goals. GHGSat will provide a comprehensive catalogue of Earth Observation data High Resolution Gas Detection Commercial Earth Observation Data products.
This is a fixed-price blanket purchase agreement and each call issued is not to exceed $7 million over a five-year period. The work will be pe … read more