Market Gossip: Northrop Grumman’s satellite servicer, MEV-2, about to dock at Intelsat’s 10-02 satellite

Market Gossip: Northrop Grumman’s satellite servicer, MEV-2, about to dock at Intelsat’s 10-02 satellite

Northrop Grumman‘s second servicing satellite, MEV-2, approaches Intelsat’s 10-02 satellite readiness for a docking attempt. According to the Philadelphia-based satellite industry consultant Northern Sky Research(NSR) research, the GEO servicing missions will grow to about seventy-five satellites by 2030. These life-extension missions are valued at approximately $3.2 billion cumulative market potential. [NSR] reveals that’s in the.

Written by on March 16, 2021

In-Orbit Servicing: Stepping up to the Challenge?

Last month,  Spaceflight Inc. launched 16 payloads on board its Orbital Transfer Vehicle (OTV), Sherpa-FX-1 on a SpaceX rocket to deliver them to a precise orbits, a first in LEO SSO orbit. And soon, a 2nd MEV from Northrop Grumman will latch on the Intelsat 10-02, solidifying the In-Orbit Servicing Market for Life Extension missions.

Written by on February 17, 2021

Visual from NSR report In-orbit servicing and space situational awareness IoSM4

GBAFReview: In-Orbit Satellite Servicing and Space Situational Awareness Represent a $6.2 Billion Opportunity

The Global Banking and Finance Review covers NSR’s In-Orbit Servicing & Space Situational Awareness Markets, (4th Ed.) report. “The In-Orbit Servicing & Space Situational Awareness Market continues to progress regardless of COVID-19, as many launches are scheduled for early 2021,” states NSR. Life Extension will overshadow all other applications, generating 57% of total revenues over.

Written by on February 1, 2021

Visual from NSR report In-orbit servicing and space situational awareness IoSM4

One News Page: In-Orbit Satellite Servicing and Space Situational Awareness Represent a $6.2 Billion Opportunity

NSR’s In-Orbit Servicing & Space Situational Awareness Markets, 4th Edition (IoSM4) report, released today, forecasts In-Orbit Satellite services (IoS) cumulative revenues of $6.2 billion by 2030. While growth is anticipated across all applications, GEO Satellite Life Extension is expected to generate the largest portion of revenues due to the sheer number of satellites expected to.

Written by on February 1, 2021