SpaceNews: Simplification is key to space industry growth
New space-as-a-service (SaaS) business models have vastly expanded the market, offering more customers the benefits of space infrastructure without the burdens of satellite manufacturing, launch, regulations or other technical intricacies.
SaaS offerings from companies including Spire Global, SSTL, Momentus and Loft Orbital Solutions — which participated in a Northern Sky Research panel for the virtual conference, aim to lower barriers to entry for companies lacking in-house expertise to develop space services.