Global Finance: The New Space Race
A January report by Cambridge, Massachusetts-based consultancy Northern Sky Research (NSR) estimates that the satellite and space infrastructure market alone could be worth as much as $570 billion by 2030. This market is seeing strong demand in the crew and cargo domain and is currently the sector’s largest segment.
Still, NSR says that by the end of the decade, communications services, including satellite broadband internet, will displace infrastructure from the lead, providing a boon for major launch providers such as United Launch Alliance (a joint venture of Lockheed Martin Space and Boeing), Arianespace (a European consortium linked to Airbus), and SpaceX.