“Virgin Galactic is very far ahead in terms of where their technology sits. But the market is still embryonic and faces the risks of logistical roadblocks and unexpected costs.” The space-tourism market will initially be dwarfed by related sectors such as satellite communications, projected to be worth about $10bn annually, and Earth observation, at about.
According to NSR’s Big Data Analytics via Satellite, 3rd edition report, the adoption of Industrial IoT (IIoT) continues to drive the digitisation and automation of the commercial transportation sector, whether it is land, maritime or air transport.
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) will conduct a series of podcasts in booth #35, 36 at the Small Satellite Conference 2019. Featuring: Launch and Propulsion Technologies: New Developments in the Smallsat Industry, Northern Sky Research, Tuesday, August 6th; 2:00 p.m.
The dedicated smallsat launch market is still far from reaching maturity, with demand still overwhelming supply; however, all signs point to progress being made in the right direction.