The satellite-based commercial Earth Observation (EO) industry faces a crucial turning point, deeply entrenched in a historical reliance on government and military (Gov/Mil) contracts as its primary revenue source. This gravitational pull of Gov/Mil demand has prompted another commercial player to relocate its main offices to United States due to its inability to meet revenue.
The growing global awareness and imperative to address climate challenges has made Earth Observation (EO) a critical asset for businesses and governments worldwide in their quest to combat climate change effectively. Indeed, EO serves as a vital tool for monitoring climate change. To address climate challenges, assesses vulnerabilities, and manage disasters, EO has become a.
Earth observation (EO) is unequivocally a critical asset in understanding and safeguarding our planet. The significance of EO data has taken on new dimensions as its volume skyrockets. The ever-increasing capacity to collect, transmit, and analyse data from space offers unparalleled insights but also presents profound challenges. According to NSR’s Space Traffic Study report, 3rd.
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.
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..