Every year NSR writes about an ‘upcoming wave’ of sovereign SATCOM capabilities – WGS-11+, Skynet-6EC, etc. and today is no different. In the past few months, the UK announced $2B in ‘new funding for military space programs’, the European Commission announced “€6 billion program” with a component focused on secure connectivity, and Australia recently opened.
Many constellation developers are deciding to construct their own satellites. According to Brad Grady, the president as well as chief operating officer of Northern Sky Research, the set of constellations that rely on in-house manufacture has increased from 32 % to 43 % in the last year. Many companies choose to create their own satellites in.
Many satellite constellation developers are opting to build their own satellites. Over the last year, the number of constellations relying on in-house manufacturing jumped from 32 percent to 43 percent, Brad Grady, Northern Sky Research president and chief operating officer, said at the SmallSat Symposium. In many cases, firms decide to build their own satellites.
NSR’s newly released NSR’s Global Space Economy, 2nd Edition (NGSE2) projects strong revenue potential across all key segments, underpinned by record setting investment and both public and private sector demand for space products and services. With over $1.25T in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25% CAGR. Satellite & Space.
NSR’s newly released projects strong revenue potential across all key segments, underpinned by record setting investment and both public and private sector demand for space products and services. With over $1.25T in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25% CAGR. Satellite & Space Infrastructure is the largest.