NSR in the News

CNBC: Northrop Grumman robotic MEV-2 spacecraft, in a first, catches active Intelsat satellite

Northrop Grumman ‘s spacecraft docked successfully with an active Intelsat satellite to provide service and extend its life. Northern Sky Research, a satellite consulting firm, estimates that the market for satellite servicing and life extensions is a $3.2 billion opportunity over the next decade. The firm forecasts that there is demand for servicing upward of 75 satellites by 2030, with companies and governments looking to extend the lifespan of typically expensive geosynchronous equatorial orbit satellites, rather than launch replacements.