Use cases like this are fuelling demand for ubiquitous coverage delivered from orbit. According to Northern Sky Research (NSR), the influx of satellite broadband players will contribute to the manufacture and launch of almost 24,700 satellites over the next decade.
Last week, two major constellations operators, OneWeb and SpaceX, nearly crashed in space, when two of their satellites almost collided. Another near-miss happened the same day when two other satellites nearly struck each other over the Arctic. And last month, the 2-ton NOAA-17 satellite broke up, sending dangerous debris all along its orbit. This type.
It is no longer news that the global satcom industry is stuck in a period of stunted growth, revenue declines and uneven investor appetite. When it appeared 2020 might be a sigh of relief following industry-resetting M&As of the 2016-19 era, COVID-19 emerged, further exacerbating an already distressed industry. However, the “hard reset” in 2020.
The Non-GEO satcom market has been highly speculative over the past decade, especially with the upcoming constellations – Starlink, Kuiper, Telesat, OneWeb and others. But in 2020, against COVID-19 odds, the segment has transitioned to a significant level of affirmation with multiple players achieving key milestones with their developments and contract awards. Although there have.
NSR’s Satellite Industry Financial Analysis, 10th Edition report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments.