ProcureAM co-founder and CEO Andrew Chanin tells Proactive's Stephen Gunnion that space debris is becoming an increasing problem after China successfully launched the last of three modules destined to complete the Tiangong space station.
Chanin says there were no plans for how the rocket will re-enter Earth's atmosphere, which will result in an uncontrolled 'reckless' re-entry, putting inhabitants, infrastructure and assets at risk of being hit by space debris.
Satellogic, a holding in the Procure Space UCITS ETF (LSE:YODA), captured satellite images of the Chinese rocket.
He believes there's a big opportunity for other companies to use technology to tackle, detect, monitor and mitigate the impact of space debris.