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.

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.

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.