Market Poised for Growth as Industry Leaders Utilize Optical Links for Constellation Deployment Cambridge, MA – NSR’s newly released Optical Satellite Communications, 3rd Edition (OSC3) report projects a $3 billion cumulative revenue opportunity through 2030 for laser communication terminals (LCTs) in both space and airborne markets. The Optical Satcom market is largely equipment-centric, with a.
As challenging as 2020 was, one part of our industry progressed and grabbed the media limelight, even into the early part of 2021: space tourism. Several tests, funding rounds and SpaceX’s commercial launch of a NASA crew kept the dream of space tourism alive. Through hardships and long development time, demand for space tourism remains.
[NSR] comments on SpaceX’s planned launch of a record breaking 143 satellites. “A growing number of launch opportunities provides more flexible and timely schedules to replace aging satellites or launch new ones, said [NSR]. SpaceX rideshare missions “certainly provide more options for small-sat satellite operators to launch and rideshares on heavy launchers are gaining traction.
Against the COVID-19 odds, in 2020 a significant level of affirmation has been achieved with multiple players achieving key milestones with their developments and contract awards. These advancements are likely to set a pace for Non-GEO Satcom markets, especially in the fixed VSAT segment, driving both service and equipment revenues in the mid and long.
It is no longer news that the global satcom industry is stuck in a period of stunted growth, revenue declines and uneven investor appetite. When it appeared 2020 might be a sigh of relief following industry-resetting M&As of the 2016-19 era, COVID-19 emerged, further exacerbating an already distressed industry. However, the “hard reset” in 2020.