Financial “fitness” can be thought of as the funding – either self or outside – that is essential for breaking the barriers to entry and for survival in the short-term.
To deny the risks, give in to the hype and excitement of LEOs, and believe that “if you build it, they will come”, is not charting a clear, strategic path to success, but making a leap of faith.
NSR’s Global Satellite Capacity Supply and Demand, 16th Edition report, released today, confirms despite a challenging current climate for capacity sales, long-term projections are promising with revenues doubling over the next 10 years.
When NSR noted that IFC markets did not do so well in 2018, it was not comparing the ‘hype’ with its forecast, but rather its own forecast with respect to contracts signed, antenna production, installation rates and aircraft to be outfitted. All these factors did not pan out as expected and despite a rather gloomy.
With the satcom industry moving to network applications and integrated service business models, the price-demand equation has changed considerably over the last 5 years.