“At the start of 2021, the Global Satcom Industry finds itself enduring stunted growth due to bankruptcies and revenue declines across both satellite operator and service provider segments” states NSR. “Essentially two options remain accessible to operators today”
NSR’s Satellite Industry Financial Analysis, 10th Edition report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments.
NSR told Via Satellite he believes the U.K. sees OneWeb mainly as a way to boost its position in the space race. There has been speculation in the U.K. about using OneWeb as a Position, Navigation and Timing (PNT) system, but that is not an easy option, they said.
In the article “OneWeb: Before and After the Bankruptcy – Winners?”-The recent USD 1B investment by the U.K. government and Bharti Global for a 90 percent stake has certainly given a new lease on life to OneWeb. The oldest among the current LEO-HTS plans, OneWeb struggled to raise the remaining USD 2B funds needed to.
NSR pegs this opportunity at more than $12B in cumulative revenues for India and the rest of South Asia in the next 10 years in its Global Satellite Capacity Supply and Demand, 17th Edition report.