There is no secret that ‘times are hard’. Today is especially hard for early-stage pre-revenue technology ventures. The satellite communications sector has seen LEO constellations come into and out of viability as funding runs out. It should therefore be no surprise that one of their other ‘key enabling technologies’ Flat Panel Antenna (FPA) ventures are.
Mining should be an ideal energy segment for the satellite industry to generate progressing revenues, given the remote nature of operations, the mission-criticality of requirements and the growing digitization activities in the sector as a whole.
Join NSR as it navigates through the shale-gas boom, the move to deeper waters, smarter grids, and mining automation. With NSR projecting over 460,000 In-service Units and $2.2 Billion in retail revenues by 2022, the Energy market continues to provide solid growth for the satellite communications industry. While Oil & Gas generates the most revenues,.