Centre for Space Futures, World Economic Forum Launch Space Debris Insights Report

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RIYADH, Saudi Arabia, January 28, 2026 (EZ Newswire) -- The Centre for Space Futures, a global independent center established in partnership with the World Economic Forum and the Saudi Space Agency to support the growth of the global space economy through policy recommendations, technological innovation enablement, and cross-sector collaboration announced today the release of a new insights report titled “ Clear Orbit, Secure Future: A Call to Action on Space Debris.” The announcement was made on the sidelines of the Space Debris Conference 2026.

The report aligns with the missions of the contributing organizations, including the Saudi Space Agency, LeoLabs, and Novaspace. It calls for addressing the needs of the space community across its various stakeholders, including service users, providers, policymakers, and academia. The report warns that failure to effectively address the current space debris situation could cost the space industry between $25.8 billion and $42.3 billion over the next decade, underscoring the urgent need for a healthier space environment that benefits all. The report is the outcome of a series of community consultations aimed at assessing the risks and economic costs of space debris in the coming years, providing a quantitative assessment of the potential economic impact of space debris on the global space economy.

The release of these insights represents an important step in shaping future dialogue on orbital sustainability. The report combines the mission-driven focus of the Centre for Space Futures with the global network and influence of the World Economic Forum, with the objective of equipping the global space community with valuable guidance to address current and future challenges.

The authors of the report invited the international space community to share their perspectives and feedback as part of continued collaborative efforts to develop collective solutions that ensure a safer and more sustainable orbital environment. The call was endorsed by Centre for Space Futures Chief Executive Mishaal Al Shemimri and World Economic Forum Centre for Technology and Innovation Frontiers Head of Planet Solutions Helen Birt.

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SOURCE: Saudi Space Agency (SSA)

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