​​Government Space Spending Priorities – Earth vs Exploration​

Engaging with space is increasingly attractive for governments. It is a sector with huge potential benefits to nation states, however for new players and emerging space nations involvement is a risk. With the relatively high costs of developing industry, early ‘returns’ are key for on-going stakeholder engagement. Evaluating the potential for long-term investment, interested nation.

Geospatial World: PNT is an Integral Part of Future Satellite Services

Research firm Northern Sky Research (NSR), which specializes in the satellite communications market, is bullish on satellite-to-cellular connectivity and believes it could be a big opportunity for satellite companies to reach billions of new customers. NSR estimates that the service will deliver as much as $66.8 billion in 10-year cumulative revenues for the satellite industry..

Services Drive Space Economy Growth

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.