Engaging with space is increasingly attractive for governments. It is a sector with huge potential benefits to nation states, however for new players and emerging space nations involvement is a risk. With the relatively high costs of developing industry, early ‘returns’ are key for on-going stakeholder engagement. Evaluating the potential for long-term investment, interested nation.
It is now a widely held belief that Elon Musk’s SpaceX/Starlink is the biggest threat to satellite industry incumbents and in a few short years, Jeff Bezos’ Amazon Kuiper. The threat is not isolated to the space and satellite industries. Telcos/MNOs and cloud industry players are likewise worried that these two players, indeed two key.
while the top 5 “big spender” countries account for approximately 80% of 2023 revenue opportunity, the other 20% represent a $24 B+ revenue potential and should not be discounted.