Claude Rousseau, a space industry consultant at Northern Sky Research, said governments are missing out on commercial space advances due to the complexities of requirements and their focus on process rather than outcomes, “which is a peculiar way to do business.” The industry is pushing for more initiatives like the NRO’s recent data-sharing agreements with.
With many other LEO constellations also in the works, it is little wonder that recent forecasts from Northern Sky Research (NSR) predict that satellite communications will become the biggest single sector of the global space economy in terms of revenue by 2030. The research firm reckons the overall space market will generate cumulative revenue of.
[NSR] told SpaceNews that the “Chinese Kuaizhou-11 coming online is an addition to China’s launch sector development of competitive domestic launch capabilities and service offerings to its burgeoning “commercial” space industry”.
As Chinese Linkspace reaches 300m in a launch & land test, “Long term, China will have to somehow expand into other markets to survive,” [NSR] told SpaceNews recently.
In article “Chinese iSpace achieves orbit with historic private sector launch”, China is growing its space program by leaps and bounds, including access to space, including through, “a unified strategy for coordinated public-private efforts to dominate space markets at large.”