On September 21, the leaders from the United States, Australia, Japan, and India met in the United States for the fourth Quad Leaders’ Summit. Known as the Quad, this group of partner countries are collaboratively addressing the most pressing regional and global issues.
During the Summit, the Quad announced its new “Space Situational Awareness (SSA) Initiative.” This Initiative demonstrates a commitment by Quad leaders to collaborate on SSA to enhance the long-term sustainability of the space environment. It reflects the growing reliance on space-based capabilities and the significance of the global space economy, which is estimated to reach $1.8 trillion by 2035, according to the World Economic Forum.
As space becomes increasingly accessible, there is a need for solutions to safeguard space investments. LeoLabs is uniquely positioned to meet this demand and has supported Space Traffic Management and Space Domain Awareness missions across all Quad nations.
The Summit leaders also welcomed the Quad Investors Network (QUIN) to facilitate investments in strategic technologies, including clean energy, semiconductors, critical minerals, and quantum computing. The QUIN is mobilizing a number of investments to promote supply chain resilience, advance joint research and development, commercialize new technologies, and invest in our future workforce. LeoLabs is thrilled to have been included in QUIN’s 2024 report to the Quad as a primary example of companies contributing to a more integrated and resilient Indo-Pacific region:
LeoLabs supports government agencies in the United States (U.S.), Australia, and Japan, including the U.S. Department of Commerce, the U.S. Space Force, and NASA, as well as the Australian Space Agency and the Japan Ministry of Defense. LeoLabs also provides services to U.S. and Japanese commercial entities, including Planet, Maxar, NEC Japan and Astroscale, and has forged strategic partnerships with space technology companies such as Inovor in Australia. The company has welcomed investments from the U.S., Japan, and Australia, including Insight Partners in the U.S., 1941 in Australia, and WERU Investment in Japan.
QUIN’s inclusion of LeoLabs further validates that our technology is addressing critical security needs of government and commercial customers worldwide, and that we are well-positioned for growth. QUIN is committed to making strategic investments and fostering government partnerships and we value their assistance and support as we strengthen our collaborations with the U.S., Japan, and Australia, and deepen our discussions with India.
