“Based on the ticket prices that we’ve seen today, the pace of development that we see and the supplies that NASA projects that the revenue sizing represents a $14 billion cumulative opportunity, assuming that launches start within the next one or two years and continuing through 2028. If you’re able to scale and [prove] reliability,.
Two weeks ago, the derelict NOAA-17 satellite broke up. At the same time, NASA jettisoned a 3-ton cargo pallet of junk from the International Space Station, part of the program’s typical waste process, which will remain in orbit for several years while NOAA’s satellite will be there for much longer. The problem with space debris.
There is no doubt that Government & Military customers are a significant consumer of space-based assets. For both the Infrastructure (manufacturing and launch) and commercial connectivity, Gov/Mil markets are some of the largest and most concentrated around. While complex in terms of engagement, or ‘exact agency/organization/administration’, these customers are one of the key pillars of.
Space & Satellite Infrastructure, Applications, and Satellite Connectivity to exceed $1 Trillion, growing at 4.5% CAGR until 2029 Cambridge, MA – The new NSR Global Space Economy report, launched today, finds a cumulative space and satellite market revenue opportunity of more than $1 Trillion between 2019 and 2029. There is an expanding need for space-based services.
“It’s one of the reasons why these players are still focused on the bigger fish, because they know that it’s a several hundred million dollar program, they have to recoup that cost in a five to 10 year timeframe,” Kasaboski told Axios.