The space industry is full of acronyms, but TRL or “Technology Readiness Level” is one that we hear often for many new and emerging markets. As a measure of the availability and status of the technology required for an operation, it gives an indication of how close to ‘lift-off’ is the said technology.
NSR’s latest report, Satellite Capacity Pricing Index, 6th Edition (2020) finds capacity pricing declines decelerating in 2020, with the global mean price index declining by ~13% in Q1 2020, in contrast to ~17% in Q1 2019.
2019 just ended, and the most anticipated year (2020) in the Satcom 3.0 transition phase has arrived. Happy New Year! To begin the year, it is essential to determine expectations from top metrics this year, which may have maximum impact on the satcom industry.
Consumer Broadband has been at the epicenter of the buzz created by the planned mega-constellations and upcoming very high capacity satellites. SpaceX, OneWeb and now Amazon plan to connect the unconnected billions globally, using Low Earth Orbit (LEO) satellite constellations.
Mining should be an ideal energy segment for the satellite industry to generate progressing revenues, given the remote nature of operations, the mission-criticality of requirements and the growing digitization activities in the sector as a whole.