What business models might be most profitable and sustainable for the in-orbit service operators of the future? What are the key strategies for satellite operators and life extension service providers to consider in this rapidly changing landscape?
NSR’s In-Orbit Services: Satellite Servicing, ADR & SSA, 6th Edition report forecasts the market to generate $14.3B cumulatively by 2032, with Life Extension (LE) driving 44% of total market revenues.
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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.