Several programs from the last two decades alone promised the use of stratospheric platforms for comms and observation, most of which fell through in the end. However, recent investments and subsequent mission successes from commercial players such as Alphabet and Airbus have injected a fresh wave of hope.
High Altitude Balloons Are Primary Revenue Driver, with Telcos Taking Greater Interest in HAPs Cambridge, MA – NSR’s High Altitude Platforms, 4th Edition report, published today, forecasts approx. $4B in cumulative HAPs revenues over the next decade, for airships, balloons, and pseudo-satellite platforms. High altitude balloons are expected to be the primary driver of units and revenues, followed far behind by pseudo-satellites and airships. Telcos are.
Technological and regulatory progress has greatly expanded the remote sensing/Earth Observation (EO) market. However, significant tradeoffs continue to exist in current earth imaging solutions: EO satellites and constellations can provide wide area coverage but are susceptible to cloud cover and are usually at lower resolutions (with HR being relatively infrequent).