As the space sector experiences growth, satellite manufacturers are improving production capabilities to meet demand from players like EchoStar and Inmarsat. However, even with some good news stories such as for Starship and ISRO’s SSLV, launch service providers still struggle to keep up with the increasing demand for satellite deployment. Last Mile Delivery (LMD) service.
According to NSR’s latest Global Space Economy (GSE) 3rd Edition report, the Space Economy is poised to generate USD$ 1.4 trillion over the period of ’21 to ’31, with a growth rate of 6.8%. Service revenue is the key driver of future revenues as infrastructure investments today move to service revenues tomorrow. With services largely.
Conversations in 2019 on the U.S. position in the Arctic noted their inability to defend national interests compared to Russian forces within the region. SATCOM for government and military within the Arctic region increased based on these conversations, generating a noticeable CAGR. Non-GEO HTS is a highly attractive option to government and military interests, as.
Government and military customers have been at the epicentre of demand for optical satellite communications as it transitions from nascent and equipment-centric to a robust emerging ecosystem. Organizations such as SDA, DARPA have been key facilitators for this move through multiple contracts for their planned Tranche 0, Tranche 1 and Blackjack constellations, and research programs.
2022 had been a difficult year for the world owing to the geopolitical challenges such as the Russia-Ukraine conflict, U.S.-China relationship, increase in food and energy prices, continued increase in bank interest rates, and others. It is estimated that the global inflation rate grew by ~ 8.8% in the year 2022. These have led to.