The space economy is on track to be valued at a trillion dollars by the end of 2030, but assets such as navigation, weather and communication satellites that serve our society daily are threatened by space debris, an Indian-American professor has stressed.

According to NASA, it is estimated that millions of pieces of space debris orbit around Earth. A major portion of these objects as well as active satellites reside in the low-Earth orbit region, at altitudes between 200 km and 1,000 km.