The accessible Total Addressable Market (TAM) for Intuitive Machines is approximately $120 billion over the next decade, with approximately $105 billion in lunar services (2021-2030), according to the 2022 Moon Markets Analysis by Northern Sky Research (NSR), and approximately $14 billion in earth orbital services (2022-2031), according to NSR’s IoSM reports in 2021 and 2022.
Last week, the U.S. Administration declared a ban on anti-satellite missile tests (ASAT), citing concern over the danger of the resulting space debris. Previously, Russia’s ASAT test was universally condemned due to the large debris cloud produced, and before that, India’s 2019 testing raised similar concerns. The proliferation of new satellites to the rising dangers.
From the booming satellite launch market to higher frequency of human activities, the space domain has never been of more important to all space-faring nations. NSR forecasts over 24,000 satellites are expected to launch over the next decade, creating a never seen before problem for operators. This boost in activity has led to a new.
Satellite Life Extension is Largest Global Market, but Space Situational Awareness and Active Debris Removal Also Show Upside Potential Cambridge, MA– February 15th, 2022- In its 5th year, NSR’s first to market In-Orbit Services: Satellite Servicing, ADR and SSA, 5th Edition (IoSM5) forecasts $14.3 Billion in IoSM revenue, driven by Life Extension, generating $4.7 Billion through 2031. As.
Tom Wilson, vice president and general manager for Northrop Grumman and president of SpaceLogistics LLC cites NSR in his discussion of MEV revenue potential.. “If you look at reports from the likes of NSR, there is strong potential for business in this market once this technology has been proven”. This market can begin to take.