In this thoroughly updated edition, Simonetta Di Pippo provides a clear and visionary overview of the new space economy. She identifies the key players and prospects of this rapidly expanding sector, which is set to become one of the pillars of global development. The author explores the latest developments in the sector, including technological advances, the growth of private investment, the application of artificial intelligence to space, and the strategic role of Europe and Italy, both of which are establishing themselves as increasingly important players on the international stage. This edition stands out for its wealth of data and focus on geopolitical and regulatory issues, providing a clear overview of contemporary complexity. Particular emphasis is placed on the circular space economy - a paradigm that applies the principles of the circular economy to extra-atmospheric activities - outlining a sustainable, resilient and competitive future. Thanks to its multidisciplinary approach, intertwining economics, technology, law and international politics, this book is an essential resource for grasping the dynamics of this highly competitive arena, which is crucial for our future.