Government and military customers have been at the epicentre of demand for optical satellite communications as it transitions from nascent and equipment-centric to a robust emerging ecosystem. Organizations such as SDA, DARPA have been key facilitators for this move through multiple contracts for their planned Tranche 0, Tranche 1 and Blackjack constellations, and research programs.
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.
Record Near-Term Investment Drives Long-Term Global Space Revenue Across Infrastructure, Satellite Communications Services and Applications Markets Cambridge, MA– January 26th, 2022- Newly released NSR 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. .
The global chip crisis has significantly impacted a variety of industries, and Satcom is obviously not immune to this widespread components shortage. All Satellite equipment manufacturers (be it Ground or Space segments) are encountering challenges meeting growing demand in the current COVID-19 climate. Taking Ground Segment as an illustration, NSR detected a good recovery in.
NSR’s newly released Government and Military Satellite Communications, 18th Edition report finds that despite COVID-19, troop drawdowns in the Middle East and ongoing pricing compression, demand for connectivity will continue to grow in the long term. At over $6.6B in revenue in 2020 – the market was at the tail end of its growth phase and is now.