Space exploration has been recognised as a world-view shifting activity as well as an accelerator of technological development, scientific advancements and societal benefits. The benefits of space for humankind are best exemplified in the activities undertaken by the United Nations’ Office for Outer Space Affairs (UNOOSA). UNOOSA recognises space as a driver for sustainable development and as such promotes the utilisation of space sciences and technologies for sustainable economic and social development. This includes the wider benefits of space for agriculture, environment, education, communication, transportation, and humanitarian assistance amongst others; and the specific relevance of space for the UN Sustainable Development Goals – Space4SDGS initiative. The talk gives a brief overview of basic terminology such as impact of science on society, social study of sciences and societal benefits or benefits of space. Using the science and technology studies (STS) approach, the focus is on the benefits of space science and astrobiology in terms of the knowledge production, cultural impact, education and outreach, technology and innovation with some practical examples of such recent socioeconomic impact.