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….
NSR’s In-Orbit Services Report Projects $14.3 Billion in Revenues as Non-Geo Constellations Grow Demand
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.
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.
Interesting Engineering: Space Janitors at Work: A Company Is Building Debris Collection Spacecraft.
In Interesting Engineering’s article on Space Debris Collection: It’s getting crowded in space with plenty of satellites being launched every year. But what do you do with the old inactive satellites? How do you ensure they don’t become dangerous garbage? “Our fleet of reusable servicers, located in different orbits, enables satellite’s life extension and space debris removal.