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.
The space and satellite industry was back together in force at SATELLITE 2022, with greater international participation than recent years. Topics like in-orbit servicing, software, and the commercialization of IoT took center stage. Here are NSR’s top takeaways from the event….
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.
Northrop Grumman ‘s spacecraft docked successfully with an active Intelsat satellite to provide service and extend its life. Northern Sky Research, a satellite consulting firm, estimates that the market for satellite servicing and life extensions is a $3.2 billion opportunity over the next decade. The firm forecasts that there is demand for servicing upward of.
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.