During an Aug. 4 webinar by Northern Sky Research, Lars Hoffman, senior vice president for global launch services at Rocket Lab, said the company has continued to see strong interest in its launch services, even amid the pandemic.
It is fair to say 2020 has been widely chaotic, and that is no different for the space launch industry. The industry is facing a pandemic that affects the global aerospace workforce, a spiral of launch delays and supply chain issues, and a string of launch failures from established and new launch providers alike
The Smallsat Launch Vehicle Markets Shift from “Launcher Boom Era” to Long-Term Sustainability Focus as Market Matures CAMBRIDGE, MA – NSR’s Smallsat Launch Vehicle Markets, 2nd Edition report, released today, concludes the dedicated commercial small satellite launch market will see a rapid ramp-up period resulting in over $2.2B in revenue over the next 10 years, overcoming.
NSR Anticipates Strong Growth in Smallsat Market Driven by Constellations, Despite Numerous Challenges Cambridge, MA – NSR’s Small Satellite Markets, 5th Edition (SSM5), released today, forecasts the market to yield $37 billion in cumulative revenues from smallsat manufacturing and launch services by 2027, with 6,500 smallsats set to launch during this time. Constellations will be the.