Satellite business is increasingly important to people’s daily lives when it comes to telecommunication as well as adaptation to economic and social policies. Therefore, the efficient development of Thailand’s satellite industry is important. For Thailand to become successful in the satellite industry, we need to focus on both space as well as earth. Besides a clear policy on whether close or open space, government agencies must design a policy to fulfill the satellite ecosystem. This is because the success of Thailand’s satellite industry will affect other industries locally as well. In this paper, we will discuss satellite industry ecosystem, Satellite orbit regulatory, as well as the congestion of the geostationary satellite orbit spectrum. We will also discuss satellite regulation and licensing in Thailand. We will then study what ASEAN can learn from the European Satellite Commission. We will also take a look at literature reviews, as well as study various articles from both domestic and international space and technology ventures that experienced development issues.