Policy Advocacy

This report explores Hong Kong's exciting opportunity in the global low Earth orbit (LEO) satellite economy. LEO satellites orbit close to Earth, delivering internet, data, and services. Hong Kong won't focus on building satellites or launching rockets—those areas are led by giants like the US and China's national programs. Instead, it should target the "downstream" side: converting satellite data into practical services and products, where not less than 90% of the space industry's revenue comes from. The report provides a detailed three-phase roadmap over 5 to 10 years, based on economic data, lessons from other countries, and Hong Kong's strengths in finance and law.