A report from Norther Sky Research (NSR) suggests that while the Inflight Connectivity (IFC) market has inevitably been hard hit by the Covid pandemic and the severe cancellation of air traffic, both for business and holiday journeys, recovery is now taking place. NSR’s AERO9 report determines that free inflight connectivity is still feasible in the.
In a day and age where every part of the enterprise and government services operations is moving to the era of digitalization, the appearance of software as a dominant driver of changes is making more sense every day. And with this dominance comes new business models that are making their way even into the space.
Delving further into [their] report, NSR explained that the cloud is a key driver of a new wave of space and satellite innovation. “Cloud will be a critical component that ensures satellite players remain competitive,” NSR added. “Cloud is a means to ensure data delivery in big data applications – this is true from satcom.
NSR outlined how Iridium’s recurring revenue, and corresponding valuation, put it in a very different position from today’s SPACs in a forthcoming SpaceNews commentary. “The recent spree of space SPACs are marked by unrealistic projections,”. “Not counting Iridium, the average space SPAC has a $1.8 billion enterprise valuation built on assumptions it can grow [an average.
In a recent report, a San Francisco satellite company has plans to expand their firm. Spire Global has set an ambitious target where it plans to use its existing satellites to collect more data to attract more customers. [NSR] stated that Spire’s dream to serve more customers is great but difficult to maintain. The main.