The Federal Bureau of Investigation (FBI), the National Counterintelligence and Security Center (NCSC), and the Air Force Office of Special Investigations (AFOSI) published an advisory on August 18, 2023, warning of increasing cyberattacks targeting United States-based space companies by suspected foreign intelligence services. The advisory mentions the space industry’s increasing importance to the global economy and the growing dependence of critical infrastructure on space-based assets, making it a valuable target for foreign intelligence entities (FIEs). US space-related innovations and assets pose a threat to FIEs but also serve as a target of opportunity to gain technologies and proprietary data. Methods of obtaining access to the US space industry have included cyberattacks and the targeting of key supply chain nodes as well as foreign strategic investments such as joint ventures and acquisitions. The threat to the US space industry is multi-layered, with the advisory warning that cyberattacks not only target intellectual property and the raw data collected by satellites, but attacks are also set up to identify severe vulnerabilities within space infrastructure to gain distributive capabilities. Space infrastructure has increasingly been seen as being fundamental to almost every aspect of society, from emergency services to the energy, finances, telecommunications, transportation, and food and agriculture sectors. With industries continually relying on space services to operate, the industry is increasingly sought after and many have repeatably urged to formally name space as a critical infrastructure sector. CTIX analysts will continue to monitor attacks against the space industry and provide updates as necessary.