New space-as-a-service (SaaS) business models have vastly expanded the market, offering more customers the benefits of space infrastructure without the burdens of satellite manufacturing, launch, regulations or other technical intricacies. SaaS offerings from companies including Spire Global, SSTL, Momentus and Loft Orbital Solutions — which participated in a Northern Sky Research panel for the virtual conference, aim.
In a day and age where every part of the enterprise and government services operations is moving to the era of digitalization, the appearance of software as a dominant driver of changes is making more sense every day. And with this dominance comes new business models that are making their way even into the space.
The rate of technological change in connectivity including software-defined satellite is picking up, suggesting that adaptation points to revenue growth over the long term. The reduced costs of launch represent a key factor in the trend of increasing technology as reusable launch vehicles, NSR commented on these developments..
NSR discusses incorporating the cloud into satellite businesses Over the past decade alone, adoption of ‘the cloud’ has surged forward with major legacy software vendors orchestrating efforts towards the emergence of on-demand self-service, rapidly elastic solutions on the cloud. Digitisation strategies today are less about the blanket adoption of cloud-based services and more about understanding.
In Via Satellite’s article, NSR discusses the move towards a software-defined era of satellites. “With the cost of launching satellites going down via reusable rockets, you need manufacturing costs to go down via mass production of generic satellites. As in terrestrial networks, hardware is becoming software in space as well.” In a recent white paper,.