NSR Report: In-Orbit Satellite Servicing & Space Situational Awareness Represent a $6.2 Billion Opportunity

GEO Life Extension and LEO De-Orbiting Drive Revenue, while Active Debris Removal and Space Situational Awareness Expand Market  Cambridge, MA – 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 use this service.   NSR’s IoSM4 also sees.

GEO Life Extension: A Fit for Government?

Currently, there is much debate surrounding the viability of In-Orbit Servicing applications in the space industry. Despite some recent setbacks and perception of uncertainty surrounding upcoming IOS Services, GEO satellite life extension is garnering most interest out of all IOS offerings, and the demand is expected to increase over time. With government and military sector.